Earned
Value Management (EVM)
A simple concept that can deliver high-value results!
Course
Purpose
This course is an overview of the Earned Value Management System.
This course provides the fundamental principles of earned value, along with numerous
exercises to reinforce application, but will not be directed to the details of
the daily operations. Participants will gain valuable insight into successful
planning and management and the key drivers for improving value in today’s acquisition
process.
Background
Earned Value Management (EVM) is a simple concept
that can deliver high-value results. Recent directives from the Office of Management
and Budget (OMB) require the use of EVM in all major government programs.
Target
Audience
Government personnel engaged in the preand post-award activities
dealing with the determination to include EVM as a contractual requirement and
to understand the reports generated and delivered to the government by the contractor.
Personnel that should attend this course will include personnel in the following
disciplines: contracting, contracting officer representatives, program or project
management, and others desiring to understand the fundamental principles for using
this effective management tool in making proactive business decisions.
AMCI
offers volume discounts and discounts to government customers. Course prices listed
are for Washington DC-based course offerings. Please contact AMCI for further
information about our pricing or to receive a price quote for your organization's
training needs.
Course Length: 2 Days
CLPs: 16 hours | Cost:
Call |
COURSE
OBJECTIVES - Plan all work prior to beginning
it
- Measure performance based on an objective set of criteria
- Analyze
schedule status and projections using a time phased network
- Analyze the
expenditure of funds in light of the work accomplished (not work scheduled)
- Isolate
problems:
- Quantify technical problems within the context of cost
and schedule parameters
- This is not aimed at replacing or changing
the process for technical problem detection
- Forecast completion
date and final cost
- Take corrective action
- Maintain disciplined
control of the performance measurement baseline
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COURSE OUTLINE - Fundamental Earned Value
Management (EVM) Concepts
- Using EVM in Project Planning
- Using
EVM in Performance Measurement
- Analyzing EVM Data for Appropriate Action
- EVM
Criteria for Effective Monitoring of Contractor Performance
- EVM and Today's
Acquisition Process
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Contact Laurie Roberts at lroberts@amciweb.com
for more information or to schedule this or any of AMCI's other Professional Acquisition
and Contracting Training Series courses. Please Note: AMCI does not
offer generic open-enrollment courses. We specialize in tailoring on-site training
for each Federal agency or private-sector firm. Please contact Laurie Roberts at lroberts@amciweb.com to order any classroom
course for delivery in your location. | |