This workshop covers all the essential knowledge needed to
apply earned value management to your projects.
It is effective as CAM training, and also effective for those
who need to support CAMs. It is also recommended for project and
program managers.
The Earned Value Experience is conducted
on-site for groups.
It is a hands-on
workshop using our EzEVM™ MS Excel templates to teach the concepts. This
avoids the need to try to learn both an unfamiliar earned value
application and the concepts at the same time. When completed, you
will understand the role of control account managers (CAM), and
how to determine where to place control accounts within your
projects. Integrated Baseline Reviews
(IBR) are discussed so that you understand the goals of the IBR
and how you might participate. You will also experience
how earned value data analysis provides insight into cost and
schedule performance. Whether you are a CAM, PM, or portfolio
manager this workshop will give you the experience you need to
apply and understand earned value management. Over 1,000 people
have attended this popular workshop.
EzEVM™ MS Excel templates
may be retained by attendees to implement earned value
management in their organizations.
Students must provide a laptop with MS Excel.
Future dates are announced in
The EVM Newsletter.
A 2 - 4 hour training is often
included with on- site workshops for senior management who will view EVM data as part of
program reviews and data submissions to customers.
“That was the most pleasant experience I’ve ever had with
EVM.”
“It was an excellent refresher of the basic concepts and the
tool is great for us to be able to get started!”
“Ray made EVM not that bad!”
Citizant Employee Comments
On-site workshop
The outline of the two day Earned Value Experience™ is
tailorable to your needs. Sections on US Office of
Management and Budget (OMB), IT project management, the ANSI 748
standard, and the Earned Value Management Maturity Model® can be
replaced with specific implementation training for your
organization. Let your project teams make their earned value
mistakes with our scenario, not their real project!
Why
use Earned Value Management (EVM)?
The
One Minute Project Review
Historic
Project Management Metrics, Why They Fail
Traditional
Project Reporting
Project
Reporting with EVM
Questions
That EVM Allows Us to Answer
Basic
Earned Value Concepts
Basic
EVM Concepts
The
Planned Value (PV)
The
Earned Value (EV)
The
Actual Cost (AC)
Organizing
the Project for EVMS
Content
of a WBS
Establishing
Management Control Cells
Control
Cell Accountability
Using
EVM to Capture the Project Plan
Example
: Planning and Budgeting a Project
Schedule
Integration
Planning
at the Control Account
Charting
the Plan to Build Equity
Work
Package Planning
Exercise
- Planning Work Packages
Sample
of Work Package Planning
Non
Labor Tasks (Material and
Subcontracts)
Far
Term Tasks-Planning Packages
Integrated Baseline Reviews (IBRs)
Goals of the IBR
The IBR Process
IBR Risk Categories
IBR Team Skills and Roles
Planning for the IBR
Collecting
EVM Project Data
Evaluating
Project Performance (Execution and Control)
Obtaining
the Earned Value Management Data
Reporting
Progress at the Control Account
Analyzing
Variances From the Plan
What
Is Not a Variance
Sample
of Project Status and Variances
Analyzing
EVM data
Exercise
- Assessing Project Status Using EVM
Analyzing
Project Status
Cost
Performance Index
Schedule
Performance Index
Earned
Schedule
Why
use ES?
More
ES terminology
Variance
Thresholds
Variance
Analysis at the Control Account
When
Thresholds are Breached
To
Complete Performance Index
Determining
Trends and Plotting Indices
Percent
Complete, Percent Spent
Contract
Performance Report
Estimating
Final Project Cost and Schedule
Estimating
the Final Cost
Some
EAC Formulas
Application
of EAC Formulas
Estimating
the Completion Date
Using
EVMS at the Team Level
Just
How Good Is the EVM Data?
Recap
–How to Establish Your EVM Baseline
Recap
–How to Perform EVM Accounting
Challenges
in Applying EVM to IT Projects
Key
IT Risks
IT
Project’s Deferred Performance Scenario
Why
Software Projects Are Unique
Warning
Indicators
A
Software Project WBS
Software
Maintenance
Managing
Software Maintenance
The
IEIA EVM Standard
International
Standards for EVMS
EIA
748-98 Criteria
Organizational
Process Areas
Planning
Process Area
Accounting
Process Area
Analysis
Process Area
Revisions
Process Area
EVM
Resources
The
Earned Value Management Maturity Model® (EVM3)®
The
Value of a Maturity Model
Characteristics
of Common Staged Maturity Models
The
Earned Value Management Maturity Model®
Attributes
of Level 1 – INITIAL
Attributes
of Level 2 -LOCALIZED
Attributes
of Level 3 –ANSI 748 COMPLIANT(+)
Attributes
of Level 4 - MEASURED
Attributes
of Level 5 – OPTIMIZING
Obtaining
the EVM3® Model and Independent Assessments
*Fourteen
Category B PDUs may be claimed by those who attend all sessions.
Management Technologies guarantees PMI's acceptance of our
training as a source of PDUs. If PMI challenges your claim for
Category B PDUs from our training we will provide all support
and documentation requested by PMI. Should PMI deny a PDU claim
for our training we will refund fees paid upon receipt of PMI
documentation
