Earned Value Analysis in Projects

Get to know and implement the most powerful market tool used in the project performance structured assessment.

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To qualify students in one of the most powerful project control tools that is available.

The Earned Value Analysis is widely used in the North American government and it has been increasingly used in other countries and organizations.

Scope of work

Understand the three components of the earned value analysis
Plan a project in order to use the earned value analysis
Create the Account Control Plans for performance assessment
Apply different mathematical models to determine the earned value
Calculate variances and performance indices
Establish different cost and deadlines estimates for the project from the current project performance
Distinguish the To-Complete-Performance-Indice TCPI from the current performance index CPI
Identify the major success factors in the organizations earned value analysis implementation

Fact sheet

Estimated duration

16 hours

Target audience

Project managers, projects team members, planners, PMO members, others stakeholders interested in the project management process.

Requirements

Project management knowledge (especially costs and schedule)

Languages

Portuguese and English

Number of PDU Provided

Professional Development Units (PDUs) are the measuring units issued by the Project Management Institute for the credential holders.

Course content

Curriculum

[item:Earned value analysis]

Earned Value Concept
Budget, actual costs and Earned Value Nomenclature
Cost and schedule variation Nomenclature
Performance indices Nomenclature
Earned value background

[item:END] [item:Project planning in order to apply earned value analysis]

Project Planning
Scope Definition
Schedule Development
Cost Account Plans (CAPs) and budgeting
Establishing the baseline and the budgeted cost of work scheduled (BCWS)

[item:END] [item:Projects execution and monitoring using earned value analysis]

Earned Value Measurement and Calculation (BCWP – Budgeted Cost of Work Performed)
Actual Cost Measurement and Calculation (ACWP – Actual Cost of work Performed)

[item:END] [item:Earned value forecasting and estimates]

Costs and Schedule forecasting and estimates nomenclature using Earned Value Analysis
Indices used to estimate the final project costs
Types of SPI and CPI used to compose indices to estimate the project final cost and schedule

[item:END] [item:Earned value analysis as a control tool]

Earned value analysis as a control tool

[item:END]

Frequently Asked Questions (FAQ)

1. Will I get a certificate?
Yes. The certificate/badge does not expire and you can leverage your credential in more than 100 social networks, including, LinkedIn, Facebook and Twitter. Your credential uses Blockchain technology to reduce fraud and increase third-party confidence. Your recorded credential is sealed in a digital ledger to prove its authenticity.
2. I am certified as PMP® or I have another credential issued by the Project Management Institute. Can I get Professional Development Units (PDUs) to renew my certification?
Yes. Each course will allow you to claim a different number of PDUs. Check the course FAQ to know exactly the amount of PDU’s you can claim on each course.

For more information on the PDUs, check here.

Certificate and Badge

Upon completing the course, you will receive a credential issued using the Accredible platform that can be downloaded as a PDF file and also shared on your Linkedin or other social network profiles.

See an example credential

Want to learn more?

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Ricardo Vargas