Earned Value™ Management Foundation Course Outline

Module 1: Introduction to Earned Value Management

  • What is Earned Value Management (EVM)?
  • Why Use EVM?
  • What Does EVM Require?
  • Key Data Elements
  • Reporting Graphs

Module 2: EVM Process

  • Definition of Scope
  • Requirements and Key Deliverables
  • Work Breakdown Structure (WBS)
  • WBS Dictionary
  • Organisational Breakdown Structure (OBS)
  • Responsibility Assignment Matrix (RAM)
  • Subcontract Management
  • Exercises
    • Planning
    • Foundations of Planning
    • Attributes of Work Packages
    • Schedule
    • Hierarchy of Schedules
    • Setting a Budget
    • Objective Measures of Progress
    • Earned Value Techniques
    • Baselining the Project
    • Data Collection
    • Measuring Costs and Committed Costs
    • Analysis Review and Action
    • Schedule Status
    • Calculating and Reporting Earned Value
    • Reporting Graphs
    • Variance Thresholds
    • Performance Trend Charts
    • Estimates at Completion
    • Simple Tests of Reasonableness
    • TCPI
    • Checking Forecast Costs and Dates
    • Change Management
    • Maintaining Integrity
    • When to Make Changes
    • Risk Management
    • Benefits of Risk Management
    • Integrating Risk Management with EVM

Module 3: EVM System Review

  • Benefits of a System Review
  • Categories of System Review
  • EVM Reviews
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Who should attend this Earned Value™ Management Foundation Course?

This Earned Value™ Management Foundation Training Course provides delegates with a basic understanding of the Earned Value Management (EVM) methodology, its principles, and basic practices. This course is beneficial to a variety of professionals, such as:

  • Project Managers
  • Project Control Professionals
  • Cost Engineers
  • Quality Assurance Professionals
  • Risk Managers
  • Business Analysts
  • EVM Analysts

Prerequisites of the Earned Value™ Management Foundation Course

There are no formal prerequisites for attending this Earned Value™ Management Foundation Training Course.

Earned Value™ Management Foundation Course Overview

This Earned Value™ Management Foundation 2 day course aims to give delegates an introduction to the concepts, benefits, principles, and processes of Earned Value Management. The course will also teach candidates how to implement Earned Value Management within best practice guidelines. This will enable delegates to effectively assess what aspects of the project are working with a productive outcome and whether the project goals are being met. Therefore, candidates will have the ability to apply Earned Value Management to specific scenarios, however they may not be able to apply it effectively to their own projects. In order to do this successfully, candidates must complete the Practitioner level of Earned Value™ Management. 

APMG International Earned Value™. APMG International Earned Value is a trademark of The APM Group Limited. All rights reserved.​

Course Objectives

  • To understand the fundamentals and benefits of earned value management 
  • To define scope, deliverables, and work breakdown structures clearly 
  • To plan schedules, budgets, and measurable work packages effectively 
  • To apply earned value techniques for accurate project baselines 
  • To measure project costs and monitor committed expenditures 
  • To perform variance analysis and interpret project performance reports 

After attending this training, delegates will be able to apply Earned Value Management techniques to track project performance and progress with greater accuracy. They will be capable of developing work breakdown structures, setting realistic baselines, and reporting earned value metrics to stakeholders. Delegates will also be able to evaluate variances, forecast project outcomes, and incorporate risk considerations into project control.

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What’s included in this Earned Value™ Management Foundation Course?

  • Earned Value™ Management Foundation Exam
  • World-class training sessions from Experienced Instructors
  • Earned Value™ Management Foundation Certificate
  • Digital Delegate Pack

You’ll also get access to the MyTKA Training Portal, which will be your go to hub for all your training.
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Earned Value™ Management Foundation Exam Information

The Earned Value™ Management Foundation Exam evaluates comprehension of Earned Value Management (EVM), a project management technique that measures performance by integrating scope, cost, and schedule. The Earned Value™ Management Foundation exam format is: 

  • Question Type: Multiple Choice 
  • Total Questions: 40 
  • Total Marks: 40 Marks 
  • Pass Mark: 65%, or 26/40 Marks 
  • Duration: 60 Minutes 
  • Open Book/Closed Book: Closed Book 
  • Note: Use of a simple calculator is permitted 
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Looking for Earned Value™ Management Foundation in-house or onsite training in the United Kingdom? We specialise in corporate group training and bulk bookings for organisations of all sizes in the United Kingdom. Our trainers deliver tailored sessions at your premises, online, or hybrid, with best price guarantee, group discounts and flexible scheduling to train your team.

Experience live, interactive learning from home with The Knowledge Academy's Online Instructor-led Earned Value™ Management Foundation. Engage directly with expert instructors, mirroring the classroom schedule for a comprehensive learning journey. Enjoy the convenience of virtual learning without compromising on the quality of interaction.

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Master Earned Value™ Management Foundation with a flexible yet structured approach that combines live, expert-led sessions and self-paced study. With weekly one-to-one tutor support and consistently high pass rates, you’ll receive tailored guidance and achieve real results.

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Learn Earned Value™ Management Foundation through The Knowledge Academy’s Online Self-Paced Learning. This flexible and structured format supports your training goals and enables every professional to build skills with confidence.

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Experience the most sought-after learning style with The Knowledge Academy's Earned Value™ Management Foundation. Available in 490+ locations across 190+ countries, our hand-picked Classroom venues offer an invaluable human touch. Immerse yourself in a comprehensive, interactive experience with our expert-led Earned Value™ Management Foundation sessions.

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Streamline large-scale training requirements with The Knowledge Academy’s In-house/Onsite Earned Value™ Management Foundation at your business premises. Experience expert-led classroom learning from the comfort of your workplace and engage professional development.

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Package deals for Earned Value™ Management Foundation

Our training experts have compiled a range of course packages on a variety of categories in Earned Value™ Management Foundation in the United Kingdom, to boost your career. The packages consist of the best possible qualifications with Earned Value™ Management Foundation, and allows you to purchase multiple courses at a discounted rate.

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