Essentials of Earned Value Management

A comprehensive, simple, and step-by-step training program that equips you with the knowledge and skills required to assess the status of your projects in terms of cost, schedule and scope.

In today's competitive business landscape, organizations face mounting pressure to enhance the cost and schedule performance of their projects. As a result, many forward-thinking companies have come to realize the criticality of integrating robust cost management and earned-value capabilities into their project management systems.

Recent research studies have consistently demonstrated the positive impact of Earned Value Management (EVM) on project success. This powerful methodology has evolved from its roots in government contracts and is now gaining widespread popularity across various industries. Its significance remains particularly high in government contracts, where it continues to be instrumental. Additionally, EVM has proven valuable in identifying and resolving contract disputes by providing objective and substantiated data.

By adopting EVM practices, organizations can achieve greater project control, improved cost forecasting, and enhanced visibility into project performance. It allows project managers to assess project progress more accurately, identify potential deviations, and take proactive measures to mitigate risks. EVM's ability to integrate cost, schedule, and performance metrics provides a comprehensive framework for evaluating project health and making data-driven decisions.

Investing in Earned Value Management empowers organizations to drive project success, mitigate contractual risks, and deliver projects with improved cost and schedule outcomes. By embracing this proven methodology, companies position themselves for greater project efficiency, client satisfaction, and overall business growth.

If you're looking to enhance your project management capabilities and achieve better project outcomes, consider incorporating Earned Value Management into your organization's project management practices.

Did You Know?

Earned Value Management is the skill set that you need to attain in order to :

➡️ Get into Project Control/ Cost Control more easily because in this competitive environment, those who know Earned Value Management have higher chances of employment.

➡️ Advance to Lead Positions in Project Controls because Earned Value Management requires integration between cost and schedule that enables you to oversee the overall project performance and status.

➡️ Increase your ability to report, interpret, and communicate project’s exact cost & schedule status.

➡️ Know whether your project is truly on budget and on schedule.

And above all by mastering your skills in Earned Value Management, you will be able to:

➡️ Know precisely whether or not your projects are on the path to success.

➡️ Become distinguished for your ability to effectively plan, execute, control, and lead projects in the right direction.

➡️ Demonstrate to stakeholders whether or not they are getting value for money they are spending.

➡️ Build your reputation in your company due to your ability to report, interpret, and communicate project’s true status.

➡️ Boost your company’s overall competitiveness, Return on Investment (ROI), and chances of winning major projects.

➡️ Set yourself apart from the rest due to your knowledge and capabilities in identifying, controlling, and mitigating the project delays and cost overruns.

➡️ Advance your career to the next level of success.

Is That All Possible?

Well, I’ve personally made it all happen, starting from scratch several years ago. Over time, as I got engaged more and more in projects, I became familiar with a less appreciated but highly powerful management methodology called Earned Value Management.

As I applied Earned Value Management in my projects, I realized how powerful it is and what wonders it can bring to my projects, my organization, and my career development.

Finding my interest in Earned Value Management, I started researching more about secrets of this powerful and game changing subject. I read as many books and articles as I could about the subject. Soon I discovered that top performers in project management continuously use Earned Value Management in their projects.

By implementing Earned Value Management concepts and tools I became highly successful in controlling the projects I was involved in. I received amazing feedback from stakeholders including clients mentioning how satisfied they were with my performance in making sure that the projects were on track.

Later, I turned my findings and practical project experiences into a training and started teaching Earned Value Management few years ago. My students highly appreciated the training. They applied what they learned in their projects and saw great results.

The positive feedbacks of my students encouraged me to turn the live course into an online training so it is accessible to anyone anywhere. I am passionate to show you the Earned Value Management step-by-step implementation and application that I acquired through years of experience and research. I would like to equip you with the right skills in Earned Value Management and help you advance those skills right away!

If my students and I could do it so can you.

Jay Oberholster

Senior Quantity Surveyor, Congo

"The quality of the Essentials of Earned Value Management course is BRILLIANT! As a result of this training, I will make other people (fellow employees) aware of the problems we are currently facing and explain how it can possibly be rectified."

Gareth Kourie

Senior Legal Counsel, UAE

"The course was exceptionally well presented and designed. Very impressive. I give it 10 out of 10. As a result of the training, I will be applying the knowledge and tool to projects I am involved in."

Introducing

Essentials of Earned Value Management Training Program

A Comprehensive Course on How to Unlock the Power of Earned Value Management

Now let me share with you how you can unlock the power of Earned Value Management.

You can learn all the essentials you need to know about Earned Value Management by enrolling in the Essentials of Earned Value Management online training, which is deep dive training intensive in Earned Value Management.

I have tested this training program for several years with hundreds of Project Control Professionals, Project Managers, and Engineering Discipline Leads through live training seminars prior to offering it online to you.

Essentials of Earned Value Management is a comprehensive, simple, and step-by-step training program that equips you with the knowledge and skills required to assess the status of your projects in terms of cost, schedule and scope. It helps you forecast your project’s ultimate cost & schedule outcomes, and more objectively measure your project performance.

Closely aligned with Earned Value Management industry practice standards, this course promotes a common language in communicating your project status. It helps you improve your projects’ productivity and performance by uncovering performance issues at an early and correctible stage in your projects.

The Essentials of Earned Value Management video training program is a dynamic and interactive training that engages you throughout the entire program via its extensive examples, exercises, and case studies. This makes it easy for you to apply your learning to your own projects immediately.

Course Outline & Agenda

The Essentials of Earned Value Management course will be delivered in 15 modules over the course of 6 weeks.

The sessions will be delivered online via our private and secure learning management system (LMS).  

You can start the course right away as soon as you enroll. If you cannot complete the course within 6 weeks, that’s totally fine. You have access to the entire course material and my support as your instructor for one year. You can take the course at your pace.  

Here is the course outline and what is covered in each module of the program:

WEEK 1

Module 1: Introduction to EVM

This module provides you an introduction to Earned Value Management and the overall course framework. This module lays the blueprint for the succeeding modules.

 

Module 2: Scope Definition

In this module you will learn how to properly define the project scope of work for the successful implementation of Earned Value Management.

 

Module 3: Control Account Establishment

This module covers one of the key features in the Earned Value Management process to manage the project performance.

 

WEEK 2  

Module 4: Scheduling an Earned Value Project

This module reveals the specific requirements of an earned value management system in scheduling a project.

 

Module 5: Cost Budgeting

In this module, you learn the cost budgeting process and elements of a contract budget that are used for measuring and monitoring the cost & schedule performance.

 

Module 6: Establishing the Performance Measurement Baseline (PMB)

In this module, you will understand what a Performance Measurement Baseline (PMB) is and the steps involved in its development.

 

WEEK 3 

Module 7: EVM Data Collection

By the end of this module, you will have a very good understanding of the three key Earned Value Management data that needs to be collected & recorded in order to assess the project status and performance.

 

Module 8: Actual Costs

In this module, the methods of collecting the project incurred-costs are discussed.

   

WEEK 4  

Module 9: Progress Measurement

This module covers the most commonly used progress measurement techniques and helps you in selecting the right techniques for measuring the progress in your projects.

 

Module 10: Performance Measurement

This module shows you how the Earned Value data can be used to monitor the current status of your project.

  

WEEK 5  

Module 11: Cost & Schedule Forecasting

This module illustrates various forecasting metrics available to forecast the project’s final cost and schedule completion.

 

Module 12: EVM Reporting

This module gives you great ideas on developing various reporting methods for communicating and presenting the EVM data.

  

WEEK 6  

Module 13: Variance Analysis

This module shows you how to deal with project variances to bring the project back on track.

 

Module 14: Baseline Revisions && Change Control

In this module, you will learn how to manage changes and incorporate approved changes in project’s scope, schedule, budget, and baseline.

 

Module 15: Project Close-out

This module covers elements of proper project closeout. Summary of the entire course and the step-by-step process in employing Earned Value Management on projects is also covered in this module.

  

Eman Daoud

Regional Cost Manager, USA

"Very comprehensive. Excellent course & materials. I absolutely enjoyed every bit of it. As a result of this training, I will reflect EVM on all projects that I am assigned to."

Roberto Orlandi

Project Management & Controls Director

"Smart, extremely clear journey into EVM and good project practice in general (from the proposal right up to the close out). Valuable tool both for learning and putting order to notions collected in our professional experiences."

How Does It Work?

To access the training, all you need is a high-speed Internet connection via Google Chrome, Safari, or Internet Explorer 9 or newer. You also need a login ID & Passcode to our private and secure learning management system (LMS), which you create when you enroll.

Once you register, you will receive a receipt of your enrollment along with your login ID and passcode to the members’ area (LMS). Once logged in, you will get instant access to the training.

Each module/ session takes at least two hours to complete. If you spare 2-3 hours per week for the training, it will take you 6 weeks to complete the training. However, you can take the training at your own pace. You will have access to the entire course material for one year after your enrollment. You can refer back to the course videos and content at any time.

What You’ll Gain Upon the Completion of the Training

This course provides you with the necessary understanding and the step-by-step guidance to successfully implement Earned Value Management in your projects.

Upon the completion of this deep-dive training, you will be able to:

📈  Understand and explain the origin and importance of implementing Earned Value Management (EVM) in projects.

📈  Differentiate between Traditional Management and Earned Value Management.

📈  Integrate the project’s scope, time, and schedule for a successful implementation of an Earned Value project.

📈  Apply a step-by-step process in developing a Project Performance Measurement Baseline (PMB).

📈  Manage and control cost and schedule variances to bring the project back on track.

📈  Communicate EVM information to project stakeholders through various reporting methods.

📈  Establish performance measurement techniques to measure progress and calculate Earned Value.

📈  Check the health of your project at any given time by measuring & monitoring performance using the Earned Value numerical indicators.

📈  Analyze the Earned Value performance results and predict your project’s future behavior in regards to cost and schedule.

📈  Manage changes and incorporate approved changes in project’s scope, schedule, budget, and baseline.

📈  Properly close the project and apply any lessons learned and best practices to future projects.

📈  Know the basic requirements of the 32 industry EVM system criteria ( ANSI-EIA Standard) in EVM implementation & application.

Upon the successful completion of the training, you will receive an official certificate of completion and 15 Professional Development Units (15 PDUs or 1.5 CEUs) that you can claim towards your professional accreditations.

Sandile Sibiya

Lead Cost Engineer, Kazakhstan

"The Essentials of Earned Value Management course is highly effective. The content is relevant to the work that we do. I am pleased with the quality of the course and find it to be of a high standard."

Who Is This Training For?

This training is for you if…

You are a Project Manager who is tired of falling behind schedule or overrunning your budget this training is for you. If you rely on other people for flagging the issues in your project, this training is for you. Wouldn’t it be nice if you could figure out things that could possibly go wrong in your projects before it actually goes wrong, and take pre-emptive measures to stop that from happening? In the Essentials of Earned Value Management training, you will learn how to do effective scope, cost, and schedule planning and later how to measure your project progress and performance, understand the true status of your project, and flag any cost or schedule issues before it actually occurs.

You are a Cost Controller who is interested in applying Earned Value Management in your projects but don’t know exactly how, this training is for you. If you want to boost your competency in reporting, interpreting, and communicating project’s true cost status, this training is for you. Wouldn’t it be great to have the ability to identify, control, and mitigate the project cost overruns and save the projects from spinning out of control? Well, this course equips you with the step-by-step guidance to effectively implement Earned Value Management in your projects, mitigate the project cost overruns, and communicate the true project status to management.

You are an experienced Project Controller who has gained Earned Value Management skills through experience not education, this training is for you. The Essentials of Earned Value Management training will provide you an in-depth understanding of Earned Value Management concepts and it makes you ready for passing Project Controls/ Project Management certification exams such as EVP, CCP, and even PMP.

You are a Planner/ Scheduler who would like to gain some Cost Control knowledge for taking your career to the next step, this training is for you. You will gain an in-depth knowledge of Earned Value Management and integrated cost/ schedule control via the Essentials of Earned Value Management training.

You are new to Project Controls/ Cost Control, taking this training is a must. Wouldn’t it be great if you could learn one of the most powerful management tools in the Essentials of Earned Value Management online training, get a certification of completion, and become ready for your adventure in the Project Control/ Cost Control industry?

Nonhlanhla Khoza

Senior Quantity Surveyor, South Africa

"As a cost control quantity surveyor, this course has been informative and very much upgrading. I am enlightened to many aspects of cost reporting and cost analysis. I am enlightened about the relationships within the project team. As a result of the training, I will apply the gained knowledge on all reports I will be doing in future. I will also engage myself with all the members of the project team as they have useful information for the project."

 

This Training Comes with Awesome Benefits and Bonuses that You Cannot Miss!

24/7 Access for 12 Months

Study at your own pace, whatever time of night or day it happens to be or wherever in the world you might be. Although the modules will be delivered every week for 6 weeks, you will have full access to the recorded sessions and course material for one year from the time of your registration.

Official Certificate of Completion and PDUs

Receive an official certificate of completion upon successful completion of the training and claim 15 Professional Development Units (PDUs) earned toward maintaining your license(s) with professional associations.

Course Material & Supportive Documents

This becomes very handy when you want to recall the topics covered and the tools and strategies provided. You can refer to it at any time.

Course Exercises and Case Studies

You will receive a set of exercises and case studies that help you comprehend the course content and enable you to experiment the real life projects.

Private and Secure

Get access to all the training materials on our secure and robust learning management system using your private username and password.

Earned Value Professional (EVP) Certification Guide

This useful guide will help you discover the path to becoming the next Certified Earned Value Management Professional.

Access To "Ask The Instructor Forum" (Value: PRICELESS)

Get access to a private course environment for Q&As, where the instructor personally answers your questions on a weekly basis.

Depending on the number of questions on the course, we may also conduct monthly or quarterly live Q&A sessions with the instructor.

Two Months of  Complimentary Access to the EPPIC Program (Value: $218)

Confidently accelerate your career growth and projects success rates with the direct and continuous support of top industry experts in the Empowered Project Professionals Inner Circle or EPPIC specifically designed for growth-minded project professionals like you. You will receive 2 months of complimentary access to this premium membership program.

Special Alumni Discounts (Value: $300)

Receive exclusive discounts on future online training programs with Project Control Academy, as our valued client.

Imran Abdul Rasheed Mabubasha

Senior Project Controls Engineer, UAE

"The quality and course content is excellent. Contents are precise and state the point. Provides the fundamental ideas to start deep dive into Earned Value Method. As a result of this training, I will try to implement the earned Value Analysis on projects (deep dive) working and in future."

Trusted by Leading Companies

What Is the Tuition?

When you register today, in addition to getting exclusive 12-month access to the online training program, you will also get a 12-month complimentary service and bonus training.

The value of the training program including its bonuses and benefits exceeds the course tuition!

  

Your investment:

Only $1297
For the entire training program and the bonuses

 

With $1297 investment, you can begin your journey as an expert. The return on this small investment will be substantial once you unlock the power of Earned Value Management in your projects and substantially save your projects from disaster and advance your career to the next level of performance.

Essentials of Earned Value Management (EVM)
Online Training Program

 

✔  Online training delivered in 15 modules over 6 weeks

✔  12  months of access to the instructor

✔  24/7 access to the training material for 12 months

✔  Great benefits & bonuses you don't want to miss

✔  Official certificate of completion and 15 PDUs

✔  Course material and supportive documents 

✔  Private and secure learning management system

 

Full Payment Option

One Payment of $1297 USD

$104 USD Saving Compared to 3-Payment Option

REGISTER FOR THE TRAINING

3-Payment Option

Three Payments of $467 USD Each

1st Payment Today

REGISTER FOR THE TRAINING

YOU CANNOT GO WRONG WITH THIS INCREDIBLE GUARANTEE

At Project Control Academy, we’re absolutely confident that you will be completely satisfied with our Essentials of EVM training program or your money back. If after taking the training, you don’t feel 100% satisfied with the content or quality for ANY reason, then within 15 days of your purchase and submitting your first case study approach us and request your money back and we’ll fully refund your payment. This means that you can try this program for 15-days completely risk-free. That’s how confident we are you’ll be blown away by this training. We will NOT waste your time. We’ve built this program so you can walk out the door and DO what you learn.

About the Instructor

Shohreh Ghorbani

Founder & Technical Director, Project Control Academy 

Shohreh Ghorbani is a dynamic and accomplished professional in the field of project controls. With an extensive background and expertise in project controls, she has been at the forefront of driving excellence and innovation in the industry.

As the founder and technical director of Project Control Academy, the leading global provider of practical online training programs in project controls, Shohreh has made it her mission to empower professionals and organizations with the knowledge and skills they need to succeed in project controls. Her passion for education and continuous learning has led her to develop comprehensive training programs that cater to the diverse needs of project management professionals worldwide.

Renowned for her captivating and dynamic approach to teaching, Shohreh has garnered acclaim and widespread recognition in the realm of project controls education.

Beyond her professional achievements, Shohreh is deeply invested in building a strong community of project controls professionals. Through her leadership, she has fostered a collaborative environment where individuals can connect, share insights, and support each other in their professional journeys.

With her unwavering dedication, expertise, and commitment to excellence, Shohreh Ghorbani continues to inspire and empower project management professionals worldwide, leaving a lasting legacy in the field of project controls.

Jacques Wilken

Cost Engineer, South Africa

"The Essentials of Earned Value Management course is very robust, detailed, and very user friendly. I will implement the course on the project and apply the relevant content filter down to team members in PC".

Register now to discover how you can effectively implement EVM in your projects