Course information

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 Jacksonville 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 Jacksonville 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 Jacksonville developed by Knowledge Academy provides delegates with the necessary knowledge and skills required in Earned Value Management. Delegates in Jacksonville 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 Jacksonville, 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

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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Our Jacksonville venue

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Free Wi-Fi

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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.

Jacksonville is the biggest city in the state of Florida. It is the biggest city by area in the United States. Jacksonville has an estimated population of around 854,000 people, making it the most populous city in Florida also. Education in the USA is provided by both public and private schools, and is mandatory until the age of 16.  Pupils conducting their schooling within the USA start off at preschool, followed by elementary school, then middle school, before finishing at high school.  At age 18, US citizens are able to engage in higher education.  Higher education in the USA normally comes in the form of a college, undergraduate school, or a community college – that latter of which doesn’t normally cost anything to attend.  Candidates participating in a course at a college will gain credits towards a bachelor’s degree, whilst candidates participating a course at a community college will be earning credits in order to achieve an associate’s degree. Primary and secondary education in Jacksonville is overseen by the Duval County Public Schools board. There is roughly 125,000 pupils in the Jacksonville school district, attending 173 schools. There are approximately 62 magnet schools in this area to serve those pupils with a specialised academic or artistic interest. Three schools in Jacksonville are a regular feature in a list of the country’s top high schools. These are: Stanton College Preparatory School, Darnell-Cookman School of the Medical Arts and Paxon School for Advanced Studies. Jacksonville is home to a number of higher education institutes, such as: University of North Florida, Jacksonville University and Edwards Waters College. The latter is the United States oldest black college, it was established in 1866 in order to educate the freed former slaves. Jacksonville University is a private university, established in 1934. It offers over 70 majors and programs at the undergraduate level, as well as several Master's programs. At The Knowledge Academy we offer over 50,000 classroom based training courses in the United States, including popular locations such as Jacksonville.

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Address

Aetna
841 Prudential Drive
12th Floor
Jacksonville
Florida
32207

T: +1 7204454674

Ways to take this course

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

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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Earned Value Management Foundation Training in Jacksonville FAQs

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The training fees for certification in Jacksonville starts from $4995
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Trusted & Approved

Our Earned Value Management courses are fully accredited by APMG.

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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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