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 in the United States 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

Earned Value Management (EVM) in the United States is a Project Management approach fully integrated with scope, cost, and schedule parameters of the project, to measure the project performance and progress. Accurate project outcome prediction and successful delivery of the project within the time-bound and budgeted cost lie in the adoption of Earned Value Management.

EVM thus becomes a tool without which any Project Manager, cost estimator, or any professional of the trade can't do. Professionals in the field have to be the masters of EVM techniques, which will make them use informed decisions, foreseeing the possible budget and schedule overruns by taking timely corrective actions toward their strategic goals.

This 2-day training in the United States developed by Knowledge Academy provides delegates with the necessary knowledge and skills required in Earned Value Management. Delegates in the United States will leave with the competence to apply Earned Value Management principles in real projects, conceptual learning, and practical exercises that will translate into improved ability to manage effective project performance and deliverables.

Course Objectives

  • To introduce the fundamental principles and components of Earned Value Management
  • To equip delegates with the knowledge to implement EVM in project planning and execution
  • To provide insights into the integration of EVM with other project management methodologies
  • To prepare delegates for effectively managing and controlling project scope, schedule, and costs
  • To enhance the ability of delegates to forecast project performance and identify potential issues early on

Upon completion of this course in the United States, the delegates from various project-relevant fields will have equipped themselves with knowledge in Earned Value Management to enhance success in project delivery. This prepares them well, should they be able to apply techniques of EVM in the monitoring and controlling of project performance, and hence adds great value to their organisation.

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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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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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Join a scheduled class with a live instructor and other delegates.

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We handpick from a global pool of expert trainers for our Online Instructor-led courses.

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Access Earned Value™ Management Foundation in the United States delivered by one of the largest training providers, with scalable instructor-led classes, accessible worldwide.

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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Structured Yet Flexible Learning

Take part in scheduled, instructor-led sessions with real-time feedback, while enjoying the freedom to study independently. Interactive resources and progress tracking tools help you stay motivated and on target.

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Join dynamic live sessions featuring discussions, practical activities, and peer collaboration. Learn from Earned Value™ Management Foundation industry experts and reinforce your knowledge with self-paced modules—plus, connect with professionals in your field.

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Expert-Led Course

Gain valuable insight from experienced trainers during live sessions, and revisit course materials anytime to deepen your understanding. This method offers the ideal balance between expert guidance and independent learning.

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Access top-quality training across time zones—anytime, anywhere. Whether at home or on the go, our expert-led sessions and flexible study materials support your goals, and help you on the journey towards the certification.

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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Flexible Learning

Access Earned Value™ Management Foundation resources 24/7 to maintain steady progress, complete regular assessments or tasks, and upskill effectively alongside work commitments.

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Our Online Course content is designed by experienced trainers to ensure accuracy, relevance, and practical value.

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Access Earned Value™ Management Foundation in the United States from a trusted global training provider delivering consistent learning to professionals worldwide.

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Cost-Effective Training

Benefit from the cost-effective Earned Value™ Management Foundation that delivers high-quality course content without compromising learning outcomes.

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Interactive LMS

Track performance, download resources, and receive AI-enabled support through The Knowledge Academy’s dedicated Learning Management System.

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, 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.

Earned Value™ Management Foundation FAQs

What is Earned Value™ Management Foundation?

Earned Value™ Management Foundation is a project management methodology that integrates scope, cost, and schedule to assess project performance and progress. It provides a framework for measuring project health and forecasting future performance effectively.

Is The Knowledge Academy Accredited for their Earned Value Management Training Courses?

Yes, The Knowledge Academy is accredited by APMG-International, for all our Earned Value Management Training courses. APMG-International is one of the leading examination institutions, ensuring that you attain a quality certification.

How long is the Earned Value Management Foundation Certification valid for?

The Earned Value Management Foundation certification is valid indefinitely, meaning that once the examination is passed, the qualification will not go out of date.

What are the benefits of taking this Earned Value™ Management Foundation Training?

The Earned Value™ Management Foundation Training equips professionals with essential skills to effectively monitor project performance and ensure tasks are delivered on time and within budget. This training enhances career prospects by providing a solid understanding of EVM principles.

What does Earned Value™ Management Foundation Certification aim to achieve?

The Earned Value™ Management Foundation Certification aims to equip professionals with the skills to manage projects effectively by integrating scope, time, and cost data. It focuses on ensuring assignments are completed on time, within budget, and to the required quality standards.

What is the duration of this Earned Value™ Management Foundation Course?

This course takes 2 days to complete during which delegates participate in intensive learning sessions that cover various course topics.

Are there any prerequisites to attend this Earned Value™ Management Foundation Training?

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

What is the significance of holding Earned Value™ Management Foundation Certification?

Holding the Earned Value™ Management Foundation Certification signifies proficiency in managing projects with a focus on performance measurement. It demonstrates the ability to integrate project scope, cost, and schedule to assess project progress and ensure successful outcomes.

What is included in this Earned Value™ Management Foundation Training Course?

In this training course, delegates will have intensive training with our experienced instructors, a digital delegate pack consisting of important notes related to this course, and a certificate after course completion, ensuring you gain practical experience and in-depth knowledge of Earned Value™ Management.

What is the difficulty level of this Earned Value™ Management Foundation Certification Course?

The Earned Value™ Management Foundation Certification Course is designed to be accessible. It offers a complete introduction to the principles and techniques of earned value management. It’s suitable for beginners with no prior experience, ensuring a solid foundational understanding.

Do you provide self-paced Earned Value™ Management Foundation Training Course?

The Knowledge Academy provides flexible self-paced training for this course. Self-paced training is beneficial for individuals who have an independent learning style and wish to study at their own pace and convenience.

What kind of jobs can I expect based on this Earned Value™ Management Foundation Course?

Completing the Earned Value™ Management Foundation Course can open opportunities in project management, particularly in roles like Project Control Analyst, Cost Engineer, and Project Manager, where expertise in tracking project performance and managing budgets is essential.

Do you provide corporate training for this Earned Value™ Management Foundation Course?

Yes, we provide corporate training for this course, tailored to fit your organisation’s requirements.

Which individuals or roles require Earned Value™ Management Foundation Certification?

Individuals or roles involved in project management, such as project managers, analysts, and planners, benefit from the Earned Value™ Management Foundation Certification. It equips them with essential skills to effectively monitor project performance, control costs, and manage risks.

Do you offer 24/7 support for this Earned Value™ Management Foundation Course?

Yes, The Knowledge Academy offers 24/7 support via phone & email before attending, during, and after the course. Our customer support team is available to assist and promptly resolve any issues you may encounter.

What will I learn in this Earned Value™ Management Foundation Training?

In the Earned Value™ Management Foundation Training, you'll learn the principles and application of Earned Value Management (EVM), including how to measure project performance, forecast outcomes, and use EVM techniques to control and improve project delivery.

Who should attend these Earned Value™ Management Foundation Training Courses?

The Earned Value™ Management Foundation Training Course is ideal for Project Managers, Planners, and Financial Analysts who seek to enhance their understanding of project performance measurement and ensure project completion on time and within budget.

Who should I contact if I am unable to access this Earned Value™ Management Foundation Training Course?

If you are unable to access your training course, contact the support team at The Knowledge Academy via their customer service email or phone number provided on their website for prompt assistance and resolution of your issue.

Why should I take Earned Value™ Management Foundation Course?

Taking the Earned Value™ Management Foundation Course equips you with essential skills to effectively manage project performance, ensuring timely and budget-compliant delivery. It provides a structured approach to control costs, schedule, and scope, enhancing project success.

What is the qualification for this Earned Value™ Management Foundation Training Course?

The Earned Value™ Management Foundation Training Course qualification requires delegates to have a basic understanding of project management principles. It’s ideal for those seeking to enhance their project performance measurement and control skills.

What to do after this Earned Value™ Management Foundation Training Course?

After completing the Earned Value™ Management Foundation Training Course, consider advancing your expertise by pursuing higher-level certifications or specialised courses to deepen your understanding and application of earned value management principles in complex projects.

Do you need any prior certification before getting registered for Earned Value™ Management Foundation Training?

No prior certification is required before registering for the Earned Value™ Management Foundation Training. The course is designed to provide a comprehensive introduction, making it accessible to individuals at all levels, regardless of their previous experience.

Is it necessary to have a background in other Earned Value Management Courses to take Earned Value™ Management Foundation Training?

No prior background in other Earned Value Management courses is necessary to take the Earned Value™ Management Foundation Training. The course is designed to provide a comprehensive introduction, making it accessible to beginners and those new to the subject.

How can I get the book for an APMG course?

Soft copies of the book can be provided by us for an additional fee. If you require a printed hard copy of the book, it must be purchased directly from APMG, through their online store: https://store.apmg-international.com/study-materials

What is the cost/training fees for Earned Value™ Management Foundation in the United States?

The training fees for Earned Value™ Management Foundation in the United States starts from $4995

Which is the best training institute/provider of Earned Value™ Management Foundation in the United States?

The Knowledge Academy is one of the Leading global training provider for Earned Value™ Management Foundation.

What are the best Earned Value™ Management courses in the United States?

Please see our Earned Value™ Management courses available in the United States

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