Earned Value Analysis & Performance Metrics Training Seminar
Earned Value Analysis (EVA) is considered to be the highest form of art and
science within project management. Based on statistical analysis, the employment
of EVA has proven to predict schedule and cost run rates with a high degree of
accuracy and certainty. The knowledge and use of this tool is essential if a
project manager is planning to work on any large government, architectural or
engineering contract.
This workshop describes the EVA concepts, terminology, calculations, and
graphical processes that can be used effectively to manage larger business
projects. Participants will learn the problems of typical financial reporting as
a measure of project performance, the Earned Value Analysis Terminology,
determine the appropriate sources of data for EVA tracking and reporting, learn
various methods of measuring the value of work earned, and how to determine the
organizational prerequisites for effective EVA reporting.
The course employs the Project Management Institute's (PMI??) terminology and
covers processes & knowledge areas that are consistent with "A Guide to the
Project Management Body of Knowledge (PMBOK Guide??)."
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