Earned Value Analysis For Beginners

Acquire the core EVA skills and knowledge to be immediately effective in controlling your project's costs and schedule.

What you'll learn

The core techniques and processes for successfully carrying out Earned Value Analysis on any project.

Requirements

A basic understanding of project management principles and techniques.

Description

This course will provide you with a clear understanding of Earned Value Analysis, also known as EVA, and how it can be used to expertly control the schedule and costs of any project. It is ideally suited to current or aspiring Project Managers who wish to elevate their skills to the next level.The course content is based on my own extensive experience in the project management field, and during my career I have used almost every project management method available. As a result, I know what works, and what doesn't work in the real world, and this course covers the essential, proven EVA processes and techniques that will set you on the road to successful project delivery.A no-nonsense, no-gimmicks approach is taken throughout the course, and all aspects of EVA are covered in a pragmatic, step-by-step manner that builds your knowledge and understanding as you progress through each lecture. Examples and questions / answers are included, together with a final exercise that will give you the opportunity to test and consolidate your understanding of course components.Subtitles are also available, and can be displayed below the screen to avoid obscuring lecture information.Finally, on successfully finishing the course, you will receive a Certificate of Completion in recognition of your newly-acquired knowledge and skills.

Overview

Section 1: Introduction

Lecture 1 Introduction

Section 2: Background and Process

Lecture 2 Earned Value Analysis background

Lecture 3 EVA process overview

Section 3: Schedule Variance, SV

Lecture 4 SV overview and simple example

Lecture 5 A slightly more complex project example for SV

Section 4: Cost Variance, CV

Lecture 6 CV overview and a simple example

Lecture 7 A slightly more complex project example for CV

Section 5: Combining Schedule Variance and Cost Variance in a Single View

Lecture 8 Combining SV and CV in a single view

Section 6: Partly-completed tasks

Lecture 9 Percent Complete, Non-Linear Earned Value

Lecture 10 A project example showing part-completion of tasks

Section 7: Earned Value Analysis Chart

Lecture 11 Earned Value Analysis chart

Section 8: Reporting using performance percentages

Lecture 12 Schedule Variance % and Cost Variance %

Lecture 13 Reporting progress for more than one project

Section 9: Reporting using performance indices

Lecture 14 Schedule Performance Index and Cost Performance Index

Section 10: Some additional information about costs

Lecture 15 Some additional information about costs

Section 11: Forecasting of project progress

Lecture 16 Forecasting introduction

Lecture 17 Estimate at Completion, EAC

Lecture 18 Estimate to Completion, ETC

Lecture 19 Variance at Completion, VAC

Lecture 20 To-Complete Performance Index, TCPI

Section 12: Final exercise

Lecture 21 Final exercise and scenario

Lecture 22 Questions and answers

Section 13: Course Wrap-Up

Lecture 23 Bonus Lecture

Current or aspiring Project Managers who wish to improve their skills in project cost and schedule control.,Current or aspiring Project Managers studying for industry-recognised PM certifications.