Fundamentals of Earned Value Management

Course Information:

This course is designed to provide a working knowledge of EVMS and how to apply it.  Emphasis is on a government application according to the latest government EVMS principles and concepts and in accordance with the 32 criteria established by the Industry Guidelines for Earned Value Management and the EVMS Implementation Guide published by DOD.  The concepts taught can be applied to any project whether government or commercial. Course instruction includes lectures as well as case studies with emphasis on class involvement and participation.  

This course is taught on and off-site.  Our on-site facility is located in Arlington, VA, in Crystal City near the Metro stop.  Tuition includes a course manual and refreshments  in the morning.  

Course EVMS 100: Fundamentals of Earned Value Management (Two Days)

During this course you will learn the following concepts and principles:

• EVM Historical Perspective
• The 32 Criteria for EVM
• Organizing EVM

  Work breakdown Structure (WBS)
  Organizational Breakdown Structure (OBS)
  Responsibility/Accountability Matrix (RAM)
  Control Accounts
  Work Authorization
  System Integration

• Planning, Scheduling and Budgeting

  Baseline Development
  Work Package Planning
  Scheduling
  Planning and Budgeting

• Accounting

  Accounting Concepts relative to EVM systems
  Handling Material in an EVM system

• Analysis

  BCWS, BCWP and ACWP
  Cost Variances
  Schedule Variances
  Forecasting Indices

• Revisions

  Contract Changes
  Internal Replanning
  Formal Reprogramming

• Reporting

  CPR
  C/SSR

• Implementation

  Integrated Baseline Reviews
  Preparing for IBRs
  Formal Reviews
  IBR/Review trouble areas

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  Call for enrollment information: 571-527-1001.