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Controlling Projects with Earned Value Management - Webinar
Managing project control with Earned Value Management
Standard approaches state that there are four management phases within a project: initiation, definition, execution and closure. In managing project control, it is during execution that we monitor project progress at pre-defined control points to ensure that we are on track and to forecast overruns if variances have emerged.
Earned Value Management (EVM) is an advanced technique to manage control. This is positioned as a key controlling approach by the Project Management Institute (PMI©) and as such is an important consideration when preparing for the Project Management Professional (PMP©) examination. Regardless of whether you intend to sit this exam or apply this EVM in your project environment, it is well worth exploring this technique as it relies on a clear overall understanding of the fundamentals of project planning and control. This webinar highlights the discipline of having project plan baselines (scope, time and cost) to support project control. It also enables delegates to work with suppliers and customers who may use this approach to control their projects.
Tutor Profile: Michael T. Lane PhD. MSc. BSc. PMP®, MMII Grad., PSM 1
Michael provides mentoring, training and formal educational services based upon insights gained from spending twenty years managing global teams in the software development industry followed by 15 years in the academic education / corporate training sector. His specialist areas are general project management considerations, including project governance. He facilitates the adoption of either predictive project management systems in stable environments or adaptive project management in volatile situations. As a Trigraph associate, Michael can advise and train on how organizations can apply “Lean Thinking” to their projects so that they provide clear value and reduce wasteful activities.