PMP Masterclass Module 18 - Earned Value Management

Members Only PMP Earned Value Management

Earned Value Management (EVM) is a project control process based on a structured approach to planning, cost collection and performance measurement.

Members Only Earned Value Management 2

In this lesson I take you through a simple step-by-step earned value example to anchor in exactly how you apply the basic formula for understanding the earned value status and forecasting techniques.

Members Only Earned Value Management 3

Earned Value Management. Earned Value Management (EVM) is a project control process based on a structured approach to planning, cost collection and performance measurement. EVM facilitates the integration of project scope, time and cost objectives and the establishment of a baseline plan for performance measurement.

Members Only Earned Value Management 4

In this lesson you will learn how to apply earned value indices and variances by working through several examples. We then examine how to estimate the project completion date.

Members Only Earned Value Management 5

Here, I show you my earned value management memory tricks to summarize all the exam formula. I describe how to use schedule performance indicators and cost performance indicators. I demystify the calculation of the cumulative cost performance indicator, and go on to explain the six categories of project costs.