Earned Value™ Management

accredited by

Our Earned Value™ Management Foundation & Practitioner course is accredited by APMG

Online Instructor-led (4 days)

Online Self-paced (32 hours)

Official APMG Earned Value™ Foundationr Exam

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

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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 

Earned Value™ Management Practitioner Exam Information

The Earned Value™ Management Practitioner Exam evaluates proficiency in applying EVM principles and techniques for project performance control. The Earned Value™ Management Practitioner exam format is:

  • Question Type: Objective Testing 
  • Total Questions: 4 (each question is worth 20 marks) 
  • Total Marks: 80 Marks 
  • Pass Mark: 50%, or 40/80 Marks 
  • Duration: 3 Hours 
  • Open Book/Closed Book: Open Book 
  • Note: Use of a simple calculator is permitted

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accredited by

Our Earned Value™ Management Foundation course is accredited by APMG

Online Instructor-led (2 days)

Online Self-paced (16 hours)

Official APMG Earned Value™ Foundationr Exam

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.​

Show moredown

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

Show moredown

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 

Show moredown

accredited by

Our Earned Value™ Management Practitioner course is accredited by APMG

Online Instructor-led (2 days)

Online Self-paced (16 hours)

Official APMG Earned Value™ Practitioner Exam

Earned Value Management Practitioner Course Outline

Module 1: 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
  • Exercises

Module 2: Planning

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

Module 3: Data Collection

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

Module 4: 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 5:  Change Management

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

Module 6: Risk Management

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

Module 7: 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 8: 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

Show moredown

Who should attend this Earned Value™ Management Practitioner Course?

This Earned Value™ Management Practitioner Training aims to provide delegates with a deeper understanding of EVM and focus on its practical application. A variety of professionals can benefit from attending this course, such as:

  • Senior Project Managers
  • Project Control Managers
  • Cost Engineers
  • Programme Managers
  • Senior Risk Managers
  • Quality Assurance Managers
  • Project Planners

Prerequisites of the Earned Value™ Management Practitioner Course

Delegates must possess the Earned Value™ Management Foundation Certification before pursuing this Earned Value™ Management Practitioner Training Course.

Earned Value Management Practitioner Course Overview

This Earned Value™ Management Practitioner 2 day course aims to educate delegates with knowledge and skills that can build on their prior knowledge of Earned Value™ Management and confirm whether a sufficient level of understanding has been reached. In addition, candidates will learn how to tailor Earned Value™ Management to their specific projects. This will provide productive outcomes, if all procedures are followed correctly, and ensure that the project stays on course with its projected goals. After the completion of the course, candidates will also understand how Earned Value™ Management can be used as a framework to work from, meaning that it can be applied across industries and to different types of projects.

 

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

Show moredown

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

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

Show moredown

Earned Value™ Management Practitioner Exam Information

The Earned Value™ Management Practitioner Exam evaluates proficiency in applying EVM principles and techniques for project performance control. The Earned Value™ Management Practitioner exam format is:

  • Question Type: Objective Testing 
  • Total Questions: 4 (each question is worth 20 marks) 
  • Total Marks: 80 Marks 
  • Pass Mark: 50%, or 40/80 Marks 
  • Duration: 3 Hours 
  • Open Book/Closed Book: Open Book 
  • Note: Use of a simple calculator is permitted

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Online Instructor-led (3 days)

Online Self-paced (24 hours)

Earned Value Management Black Belt Exam

Earned Value Management Black Belt Course Outline

Module 1: What is Earned Value Management?

  • Introduction
  • 32 EVM Guidelines
  • Revisions and Data Maintenance

Module 2: Why Use EVM?

  • Need for EVM
  • Why is EVM Implemented?
  • Why Use Earned Value Management?
  • Benefits of EVM
  • EVMS Mandate
  • Business Case
  • Business Case Contents

Module 3: Key Terminology

  • Key Terminology Revision
  • EVM Formulae
  • Reporting Graphs
    • Exercise

Module 4: EVM Principles

  • What Does EVM Require?
  • EVM Planning Process
  • How Do We Define a Scope?
  • Requirements and Key Deliverables
  • Work Breakdown Structure (WBS)
  • Preparing WBS and WBS Dictionary
  • Organisation Breakdown Structure (OBS)
  • Defining Control Accounts
  • Planning Vs Work Packages
  • Work Packages
  • Rolling Wave Planning
  • Responsibility Assignment Matrix
  • Sub-Contract Management
  • Scheduling
  • Hierarchy of Schedules
  • Scheduling and Resource Management
  • Critical Path Method
  • Develop Schedule Baseline
  • Establish Schedule Baseline
  • Budgeting Vs Funding
  • Setting Budget
  • Distributed and Undistributed Budget
  • Performance Measurement Baseline
  • Management Reserve (MR)
  • Contract Budget Baseline

Module 5: Establishing Performance Measurement Baseline

  • Establishing PMB
  • Objective Measures of Progress
  • Baselining the Project
  • Why is PMB Needed?
  • Data Collection

Module 6: Forecasting and Measuring Performance

  • Project Tracking
  • EVM Formulae
  • Variance Analyses
  • Schedule Variance
  • Reporting Graphs
  • Performance Trend Charts
  • Performance Indices
  • Cost Performance Index
  • Schedule Performance Index
  • Estimate at Completion (EAC)
  • Estimate to Completion (ETC)
  • Simple Tests of Reasonableness
  • TCPI
  • Reporting and Interpreting Results
  • Tolerances
  • Setting Tolerances
  • Problem Indicators
  • Analysis Review and Action
  • Corrective Actions

Module 7: Stakeholder Management and Communication

  • What is a Stakeholder?
  • Stakeholders? Who are They?
  • Stakeholder Management
  • Stakeholder Types
  • Stakeholder Identification
  • Stakeholder Analysis
  • Segmenting and Prioritising Stakeholders
  • Stakeholder Engagement
  • Engaging Stakeholders
  • Stakeholder Communication
  • Communication Planning
  • Communicating Change for Stakeholders

Module 8: Change and Risk Management

  • Change Management
  • Maintaining Integrity
  • When to Make Changes?
  • How to Make Changes?
  • Risk
  • Integrating Risk Management with EVM
  • Benefits of Risk Management
  • Risk Management
  • Risk Management Procedure
  • Identify Step
  • Risk Identification Techniques
  • Types of Risks
  • Assess Step
  • Summary Risk Profile
  • Plan Step
  • Responses
  • Implement Step

Module 9: EVM System Review

  • Benefits of a System Review
  • Unscheduled System Review
  • Categories of System Review
  • Overview of EVM Reviews
  • Integrated Baseline Review
  • Demonstration Review
  • Surveillance

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Who should attend this Earned Value Management Black Belt Course?

The Earned Value Management Black Belt Course is intended to provide learners with a full understanding of Earned Value Management concepts. It is a highly specialised Course that can benefit a variety of professionals, including:

  • Project Managers
  • Program Managers
  • Portfolio Managers
  • Quality Managers
  • Cost Engineers
  • Business Analysts
  • Financial Analysts

Prerequisites of the Earned Value Management Black Belt Course  

There are no formal prerequisites for this Earned Value Management Black Belt Course.    

Earned Value Management Black Belt Course Overview

This Earned Value Management Black Belt course is designed to provide delegates with a full understanding of Earned Value Management, including its elements and how to apply these in practice. Upon completion of this 3-day course, you have be confident with understanding, using and applying Earned Value Management theory to the workplace and be able to work successfully within an Earned Value Management environment.

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What’s included in this Earned Value Management Black Belt Course?

  • Earned Value Management Black Belt Examination
  • World-Class Training Sessions from Experienced Instructors
  • Earned Value Management Black Belt Certificate
  • Digital Delegate Pack

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Earned Value Management Black Belt Exam

To achieve the Earned Value Management Black Belt, candidates will need to sit for an examination. The exam format is as follows: 

  • Question Type: Multiple Choice 
  • Total Questions: 30 
  • Total Marks: 30 Marks 
  • Pass Mark: 65%, or 19/30 Marks 
  • Duration: 60 Minutes
  • Open Book/ Closed Book: Closed Book

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Online Instructor-led (1 days)

Online Self-paced (8 hours)

Earned Value Management Green Belt Course Outline

Module 1: What is Earned Value Management?

  • Objectives of EVM
  • History of EVM

Module 2: Defining Earned Value Management

  • Definition of EVM
  • Project Management Diamond
  • Where Can EVM Be Applied?
  • What is Earned Value Management?
  • Basic Principles

Module 3: Benefits of Earned Value Management

  • Why Do I Need EVM?
  • Why Use Earned Value Management?
  • Benefits of EVM

Module 4: Process of EVM

  • EVM Process
  • Planning
  • Work Breakdown Structure
  • WBS Dictionary
  • Organisation Breakdown Structure (OBS)
  • Responsibility Assignment Matrix
  • Work Packages, Planning Packages, and Activities
  • Attributes of Work Packages
  • Schedules
  • Baselining the Project

Module 5: Budgeting

  • Budgeting vs Funding
  • Setting Budget

Module 6: Principles of Earned Value Management

  • Four Key Data Elements
  • BCWS
  • ACWP
  • BCWP
  • EVM Principles

Module 7: Earned Value Formulae

  • Earned Value Techniques
  • Calculating and Reporting EVs
  • EVM Formulae
  • Estimates at Completion
  • Performance Trend Charts
  • Performance Indices
  • Simple Tests of Reasonableness
  • TCPI
  • Checking Forecast Costs and Dates
  • Reporting Graphs

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Who should attend this Earned Value Management Green Belt Course?

The Earned Value Management Green Belt Course is a good fit for anyone who wants to learn the basics of Earned Value Management and how to use it to improve project performance. Some of the people who can benefit from this course include:

  • Project Managers
  • Program Managers
  • Portfolio Managers
  • Risk Managers
  • Project Analysts
  • Quality Assurance (QA) Professionals
  • Business Analysts

Prerequisites of the Earned Value Management Green Belt Course  

There are no formal prerequisites for this Earned Value Management Green Belt Course.    

Earned Value Management Green Belt Course Overview

This Earned Value Management Green Belt course provides a comprehensive introduction to Earned Value Management, including its principles, benefits and terminology. After completion of this 1-day course, you confidently be able to demonstrate knowledge of the role of Earned Value Management and its basic processes.

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What’s included in this Earned Value Management Green Belt Course?

  • World-Class Training Sessions from Experienced Instructors
  • Earned Value Management Green Belt Certificate
  • Digital Delegate Pack

Show moredown

Not sure which course to choose?

Speak to a training expert for advice if you are unsure of what course is right for you. Give us a call on +44 1344 203999 or Enquire.

Earned Value™ Management FAQs

Yes, there is a minimum of two hours evening work for each of the certifications, for each day of training.
No, there are no prerequisites for completing the Earned Value Management Training certification. However, in order to progress to the Practitioner stage of the qualification, candidates must have passed the Foundation examination in order to enrol.
Yes, The Knowledge Academy are accredited by APMG-International, one of the leading examination institutions in the UK.
Yes, the original course price does include the examination fee.
Both the Foundation and Practitioner Earned Value Management Training courses are valid indefinitely, meaning that they will not expire.
We provide you with: Our official APMG Earned Value Management Manual, The Knowledge Academy courseware folder, an experienced Earned Value Management trainer, the Exam, and Refreshments
The Knowledge Academy is the Leading global training provider for Earned Value™ Management.
The price for Earned Value™ Management certification in Philippines starts from $6995.

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