Project managers need to keep things on track by keeping a close eye on the scope of and resources invested in a project. Forecasting, adjusting, and applying corrective measures during the project lifecycle are also key functions of a project manager. This set of processes and protocols that help ensure project success is called earned value management (EVM). Every project manager should have at least a working knowledge of EVM and its theoretical underpinnings.
This course is designed for project managers who seek an introduction to EVM to achieve better practical results for implementing project controls, including financial controls and schedule controls. The calculations presented here are meant for any experienced project manager, including those who are not engineers, to apply to any size project. Students in this course will be most successful if they have a foundational understanding of standard project management tools and processes including project networks, project budgets and schedules, and work breakdown structures.