Project Management: Cost & Schedule Monitoring using EVM

Project Management: Cost & Schedule Monitoring using EVM

Project Management: Cost & Schedule Monitoring using EVM

Earned Value Management, Project Management, Cost Control & Monitor, Budget, Schedule & Cost Variance, Performance Index

Language: english

Note: 4.4/5 (738 notes) 76,935 students

Instructor(s): Akhil Krishna

Last update: 2021-08-14

What you’ll learn

  • Earned Value Management
  • Project Management
  • Cost Control
  • Cost Management
  • Cost Monitoring
  • Quantity Surveying
  • Budget Control & Monitoring
  • Cost Variance & Schedule Variance
  • Cost Performance Index & Schedule Performance Index
  • Estimate At Completion
  • Estimate To Complete
  • Budget At Completion
  • Planned Value
  • Earned Value
  • To Complete Performance Index

 

Requirements

  • Be open to learning
  • Basic Excel Knowledge
  • Quantitative Aptitiude

 

Description

The course will help you understand the basic concepts of Earned Value Management which is one of the most important technique for effective Project Management.

By the end of this course you will learn the key terms of Earned Value Management, their definitions and the various formulas used to analyze whether the project is getting executed on track with respect to cost and schedule.

The course lets you understand the concept of Budget, Planned Value, Earned Value. It also teaches how to calculate Cost and Schedule Variance, Cost and Schedule Performance Index, Estimate At Completion, Estimate To Complete and To Complete Performance Index.

The course also includes examples showing the various scenarios of a project during execution phase and how Earned Value Management aids in recognizing the project status at any point of time with respect to budget and project completion schedule.

 

Who this course is for

  • Engineering Students
  • Fresh Engineers
  • Construction Professionals
  • Civil Engineers
  • Quantity Surveyors
  • Project Managers
  • Planning Professionals
  • Civil Engineering Students
  • Business Students

 

Course content

  • Introduction
    • What is Earned Value Management ?
  • Understanding the Components of Earned Value Management
    • Key Terms
    • Definitions
    • Formulas
  • Example Scenarios
    • Ideal Scenario
    • Over Budget & Behind Schedule Scenario
    • Over Budget & On Schedule Scenario
  • Conclusion
    • Conclusion

 

Time remaining or 996 enrolls left

 

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