Course information

Earned Value Management Foundation and Practitioner Training 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
  • 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

Module 4: Overview of Earned Value Management

  • What is Earned Value Management (EVM)?
  • Four Key Data Elements
  • Designing an Earned Value Management System
  • Factors to Take into Account
  • Evaluating the Project Controls Environment
  • Defining the Target Level of Implementation
  • Defining an Appropriate Change Plan
  • Communications Strategy and Infrastructure

Module 5: Definition

  • Foundations of Definition
  • Statement of Work
  • Communicating the WBS
  • Control Account Managers
  • Managing a Control Account
  • Responsibility Assignment Matrix
  • Integration of Sub-Contract Management
  • Flow-Down to Sub-Contractors
  • Flow-Down of Scope to Control Accounts
  • Risk, Uncertainty, Complexity, and Novelty
  • Define Clear Deliverables
  • Develop a WBS

Module 6: Planning

  • Foundations of Planning
  • Performance Management Baseline
  • Principles of Risk Planning
  • Earned Value Techniques
  • Validity and Effectiveness

Module 7: Data Collection

  • Foundations of Data Collection
  • Using Estimated Actuals
  • Data Collection Requirements
  • Verify, Validate, and Reconcile Data Integrity

Module 8: Analysis, Review, and Action

  • Foundations of Analysis, Review, and Action
  • Reporting Graphs
  • Estimates at Completion
  • Simple Tests of Reasonableness
  • Earned Value Variances and Indices
  • Earned Value Reports
  • Defining Appropriate Variance Thresholds
  • Independent Estimate at Completion (IEAC)
  • Identifying Likely Causes
  • Selecting Appropriate Courses of Action

Module 9:  Change Management

  • Maintaining Integrity
  • Types of Baseline Change
  • Use of Management Reserve
  • Impact of Changing Baselines
  • Change Process

Module 10: Risk Management

  • Foundations of Risk Management
  • Setting the PMB
  • Establishing Management Reserve
  • Predicting Project Performance
  • Project Changes
  • Effectiveness

Module 11: System Review

  • Foundations of Systems Review
  • Benefits of a System Review
  • IBR Process
  • IBR Issues and Effectiveness
  • Demonstration Review Process
  • Demonstration Review Issues and Effectiveness
  • Surveillance Review Process
  • Surveillance Review Issues and Effectiveness
  • Effectiveness of System Review Regime

Module 12: Learning from Experience

  • Sources of Learning from Experience
  • Conducting LFE Review
  • Handover of Project Deliverables
  • Metrics
  • Reviewing, Classifying, and Prioritising LFE
  • Possible Recommendations
  • Planning Communications
  • Selecting and Matching Experience
  • Project Closedown Process
  • Effectiveness of Learning from Experience

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Who should attend this Earned Value™ Management Foundation & Practitioner Course?

This Earned Value™ Management Foundation & Practitioner Course provides foundational and advanced knowledge in the methodology used to measure and communicate the real physical progress of a project considering the work completed, the time taken, and the costs involved. The following professionals can benefit from attending this course:

  • Project Managers
  • Project Control Managers
  • Finance Professionals
  • Project Management Office (PMO) Professionals
  • Portfolio Managers
  • EVM Analysts
  • Programme Managers

Prerequisites of the Earned Value™ Management Foundation & Practitioner Course

There are no formal prerequisites for attending this 4-day Earned Value™ Management Foundation & Practitioner Training Course. However, delegates must pass the Foundation examination before completing the Practitioner section of the course.

Earned Value Management Foundation and Practitioner Training Course Overview

Earned Value™ Management is a widely used management practice employed by organisations to accurately determine the progress and performance of projects. This approach assists with the amalgamation of project scope, time, and cost targets and the formation of a baseline plan for performance measurement.  

This Earned Value Management Foundation and Practitioner course combines the content of the Foundation level and Practitioner level courses into one condensed 4-day course. The course begins by providing candidates with a foundational understanding of the primary concepts, benefits, principles, and processes of Earned Value™ Management. This basic knowledge will be beneficial when moving on to examine the use of Earned Value Management in a business environment. The Practitioner segment of the course focuses on this, and delegates will learn how to tailor and practically apply Earned Value Management approaches to specific workplace scenarios.

Therefore, by the completion of the course, candidates will have a comprehensive understanding of this management practice and will be competent users of Earned Value Management. Additionally, they will have the capability to develop the skills needed to tailor Earned Value Management to their specific projects, provided the correct procedures are followed.

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

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

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

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 

Why choose us

Our Jersey venue

Includes..

Free Wi-Fi

To make sure you’re always connected we offer completely free and easy to access wi-fi.

Air conditioned

To keep you comfortable during your course we offer a fully air conditioned environment.

Full IT support

IT support is on hand to sort out any unforseen issues that may arise.

Video equipment

This location has full video conferencing equipment.

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Address

Jersey

T: 01344203999

Ways to take this course

Experience live, interactive learning from home with The Knowledge Academy's Online Instructor-led Earned Value Management Foundation & Practitioner Training in Jersey. 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.

Unlock your potential with The Knowledge Academy's Earned Value Management Foundation & Practitioner Training in Jersey, accessible anytime, anywhere on any device. Enjoy 90 days of online course access, extendable upon request, and benefit from the support of our expert trainers. Elevate your skills at your own pace with our Online Self-paced sessions.

Experience the most sought-after learning style with The Knowledge Academy's Earned Value Management Foundation & Practitioner Training in Jersey. 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 & Practitioner Training in Jersey sessions.

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Highly experienced trainers

Boost your skills with our expert trainers, boasting 10+ years of real-world experience, ensuring an engaging and informative training experience

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State of the art training venues

We only use the highest standard of learning facilities to make sure your experience is as comfortable and distraction-free as possible

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Small class sizes

Our Classroom courses with limited class sizes foster discussions and provide a personalised, interactive learning environment

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Great value for money

Achieve certification without breaking the bank. Find a lower price elsewhere? We'll match it to guarantee you the best value

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

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Tailored learning experience

Leverage benefits offered from a certification that fits your unique business or project needs

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Maximise your training budget

Cut unnecessary costs and focus your entire budget on what really matters, the training.

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Team building opportunity

Our offers a unique chance for your team to bond and engage in discussions, enriching the learning experience beyond traditional classroom settings

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Monitor employees progress

The course know-how will help you track and evaluate your employees' progression and performance with relative ease

What our customers are saying

Earned Value Management Foundation & Practitioner Training in Jersey FAQs

Yes, The Knowledge Academy are accredited by APMG-International, for all our Earned Value™ Management Training courses. APMG-International is one of the UK’s leading examination institutions, ensuring that you attain a quality certification.
Yes, there is a minimum of two hours of evening work for each day of the certification.
Yes, the examination is included in the original course fee.
The Earned Value™ Management Foundation and Practitioner certification is valid indefinitely, meaning that once the examination is passed, the qualification will not go out of date.
The training fees for Earned Value™ Management Foundation & Practitioner certification in Jersey starts from £3495
The Knowledge Academy is the Leading global training provider for Earned Value™ Management Foundation & Practitioner.
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Why choose us

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Best price in the industry

You won't find better value in the marketplace. If you do find a lower price, we will beat it.

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Trusted & Approved

Our Earned Value Management courses are fully accredited by APMG.

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Many delivery methods

Flexible delivery methods are available depending on your learning style.

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High quality resources

Resources are included for a comprehensive learning experience.

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"Really good course and well organised. Trainer was great with a sense of humour - his experience allowed a free flowing course, structured to help you gain as much information & relevant experience whilst helping prepare you for the exam"

Joshua Davies, Thames Water

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