Earned Value Management Black Belt - United Kingdom

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