How-To Mini-Courses > Introduction to Earned Value (2-part mini-course)

Introduction to Earned Value (2-part mini-course)

The schedule says we're only halfway there but you've spent 90% of your budget. If this sounds familiar, it might be time to consider getting serious about cost tracking for your projects. This 2-part course by Carl Pritchard of Pritchard Management Associates provides an overview of the Earned Value approach to tracking project progress.

The first installment -- Getting Set -- focuses on laying the groundwork the team must have in place to capture and measure earned value. Because the foundation of Earned Value is a well-constructed Work Breakdown Structure, it's also a great introduction to what all this WBS lingo really means, and why it's important. If you can keep these principles in mind while laying out a work breakdown, you'll have better visibility into your projects even without Earned Value.

In part 2 -- Tracking and Reporting -- Carl gets into the practical details of Earned Value Management, including claiming work, reporting results, and, yes, the math. With simple examples and approachable language, Carl shows you how a criteria-based WBS can be used to assess the current state of a project, predict how future work might go on that project, and decide whether or not the effort required to meet the original goals is realistic. The result is bottom-line language that executives will love, assuming you use this intuitive, fact-based approach to reporting.

• You'll get the most out of this course if…
  • Your project management processes are fairly well established and applied consistently
  • You'd like to leverage the knowledge you've accumulated about your projects because of those consistent processes
  • You want to understand how to create the infrastructure for doing Earned Value right, without a lot of heavy lifting


• In this course, you will…
  • Learn how to build a work breakdown structure that is Earned Value compliant
  • Learn about the environment required for a good Earned Value Management system
  • Learn to apply and interpret earned value metrics for reporting and forecasting
  • Use practice drills to confirm your understanding of Earned Value principles and math.


• Included in this download:
  • Two course recordings by Carl Pritchard of Pritchard Management Associates
  • Presentation slides and related articles explaining the importance of Earned Value
  • Complete course transcripts for both recordings
  • Two quizzes with instructions for receiving Category A PDUs. By completing both quizzes successfully, participants will qualify for a total of 2 Category A PDUs.

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