About PMP Masterclass Module 19 – PMP Earned Value Management – Part 2
This Module of four video lessons will focus on analyzing and answering typical Earned Value Management PMP Exam questions.
I will show how such questions are an easy way to earn exam marks - just "plug and play" - even if Math is not your strong point...
Module Content
Earned Value Management. Earned Value Management (EVM) is a project control process based on a structured approach to planning, cost collection and performance measurement.
Earned value has several key formulas, and resolved the ambiguity between cost and schedule forecasting by creating an extra ‘earned value’ criterion. Here, I take you through a detailed EVM case study completed with worked examples and answers.
The Cost Performance Index (CPI) is your past performance and the TCPI is your future performance, which you must meet to complete the project within the approved budget.
Here you will learn to answer: What is the expected total cost of completing the project? What is the expected total cost to complete the remaining project work? What is the expected cost to complete the remaining project work?
Comments are closed.