Earned Value Analysis in Projects

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

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

At the end of the course the student will be able to:

  • 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

Need any help?

Would you like to get more information about the course Earned Value Analysis in Projects?

Note: Currently, we only offer “In Company" courses.

Contact us

Fact sheet

Estimated duration [?]

16 hours

Number of participants

Minimum 20 students per class

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

Venue

Provided by the contractor. Worldwide attendance.

Certification and PDUs [?]

16 All attendees will receive a certificate with this number of PDUs.

[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]

Supported standards and methodologies

Project Management Institute (PMI)
  • PMBOK® Guide
  • PMI Practice Standard for Estimating
  • PMI Practice Standard for Earned Value Management
  • PMI Practice Standard for Work Breakdown Structure
  • PMI Practice Standard for Scheduling