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GATL 0135: Understanding Earned Value Management
Gatlin Education Online Course

About Gatlin Education Program
Course Description
Features
Topic Highlights
Certificate Requirements
Course Objectives
PDF Brochure
Who Should Attend
Instructors
PC Requirements
FAQ

Earned Value (image of professional woman making a presentation)

COURSE DESCRIPTION

Understanding Earned Value Management is critical to your project success and allows you to more objectively measure project performance. This course teaches students the necessary concepts to plan and manage projects utilizing the Earned Value method. Through the use of a case study, this course is designed to walk students through the process from start to finish. Several exercises are incorporated into the format to provide hands-on practice.

Earned Value is a proven method for planning and managing project performance. In addition to establishing a consistent way of planning and estimating all types of project work efforts, it provides the framework for developing consistent project management measurements across projects and industries. It is the true project performance measurement system. It is promoted and supported by the PMI College of Performance Management (PMI-CPM), it has been accepted by the American National Standard Institute (ANSI) as standard and private contractors for the Department of Defense (DoD) are now held responsible for using these techniques in their government contracts (ANSI/EIA-Standard 748).

FEATURES

 
Registration
Start at any time, and work at your own pace.

Click here to download the registration form.
Demo
Demo coming soon!
Fee

$1,395.00

Length

30 Hours

CEUs

3 CEUs

Included Materials
GES will provide the following textbooks:
  • Practice Standard for Earned Value Management published by the Project Management Institute, Inc. 2005
  • Earned Value Project Management, 3rd Edition by Quentin W. Fleming and Joel M. Koppelman, 2005
  • Contact Info.
  • Online contact form
  • Address:
      George Mason University
    Office of Continuing Professional Education
      4400 University Drive, MS 2G2
      Fairfax, VA 22030
  • Telephone: 703-993-2113
  • Fax: 703-993-2121

  • This nationally recognized Understanding Earned Value Management online course teaches you to more objectively measure your project performance. This program is offered in partnership with Gatlin Education Services.

    TOPIC HIGHLIGHTS

    1. Defining the Project Scope
      1. Project versus Product Scope
      2. Decomposition
      3. Work Breakdown Structures (WBS)
    2. Creating the Project Baseline
      1. Developing a Time-scaled Network Diagram
      2. Developing the Project Cost Baseline
    3. Completion Credit Rules
      1. Discrete Work Effort Rules
      2. Dependent Task Rules
    4. Using Earned Value to Determine Status
      1. Earned Value elements
      2. Measuring Schedule Performance
      3. Measuring Cost Performance
      4. Interpreting the Formulas
      5. Management Overview Formulas
    5. Using Earned Value for Controlling Project Performance
      1. As a root cause analysis tool
      2. Understanding the Language of Variances
    6. Forecasting Project Completion
      1. Forecasting Terminology
      2. Forecasting based on Typical Variances
      3. Forecasting based on Atypical Variances
    7. Interpreting The Formulas
      1. Is the project performing as planned?
      2. What is the projected completion date and budget?
      3. Is the project ok? Is recovery necessary?

    CERTIFICATE REQUIREMENTS

    Sample George Mason University Certificate of Completion

    A 70% or better must be achieved in order to receive a Certificate of Completion.

    COURSE OBJECTIVES

  • List the planning elements that are essential to setting up projects for Earned Value tracking
  • Determine how to apply the appropriate completion credit rules for all types of project work efforts
  • Understand the Earned Value formulas and demonstrate how to apply them correctly
  • Demonstrate how to apply Earned Value to status current project performance and forecast project completion
  • PDF BROCHURE

    Please click here to download the PDF brochure for the Gatlin online courses offered by OCPE.

    This brochure and the registration form for this course require Adobe Reader. Click here to download the latest version of Adobe Reader.

    WHO SHOULD ATTEND

    The Understanding Earned Value Management program is considered an intermediate to advanced level project management course. We recommend that students be certified Project Management Professionals, have three to five years of work experience as a project manager, have taken GATL 0112: Project Management, or have equivalent coursework.

    This program is designed for those who truly want or need to know how to apply and interpret Earned Value on their projects.

    INSTRUCTORS

    Nikki Choyce, PMP, is a seasoned project management practitioner with over ten years of experience working as a consultant and instructor in the field of project management. She is the president of Infotech Management, a Fort Worth-based project management services firm. In addition to her work responsibilities, she is an active volunteer within PMI currently serving as an officer in the local PMI chapter.


    PC REQUIREMENTS

    This course can be taken from either a PC or a Mac. Students will need a high-speed Internet connection (cable or DSL recommended) and e-mailing capabilities.

    FAQ

    1. How do I register for a Gatlin online course?

    Please contact our office on the Fairfax campus in Northern Virginia (NOVA) or call 703-993-2113. Click here for more information or to download a copy of the registration form.

    2. How much do Gatlin online courses cost?

    To view the prices for all Gatlin courses that are offered by George Mason University, please click here.

    3. Why do I have to take Gatlin courses through a participating school?

    Gatlin does not offer courses directly to the public. They partner with major colleges and universities to offer their programs.

    4. Do I have to travel to register for or to attend a Gatlin online course?

    All Gatlin courses are delivered entirely online, you do not have to go to a class or travel to a school. If you are unable to visit our office on the Fairfax campus in Northern Virginia (NOVA), please contact us at 703-993-2113 or click here for more information or to register for a course.

    5. How long does it take to complete a Gatlin course?

    All of our Gatlin courses are asynchronous. You can start and finish the course at your own pace. Most courses are designed to be completed within 180 days. You may request an extension if you think you will need more time to complete a course (fees may apply). Please contact us at 703-993-2113 or click here if you have any questions or if you would like to register for a course.

    6. Do I have to buy additional materials?

    Please refer to the green Included Materials box located on the upper right hand side of this page. If materials are included in this course, they will be shipped by Gatlin to you via UPS ground service after you have registered for a course.

    7. Can I get financial aid for Gatlin courses?

    Gatlin courses are non-credit and therefore are not eligible for Federal Student Aid. However there are a number of loan programs that can be used to fund your course. Click here to view a list of these options or call 703-993-2113 for more information. Gatlin also provides a loan opportunity for students (www.collegeloanapplication.com).

    8. What happens when I complete the course?

    If you obtain a final passing grade of 70% or greater in a course, we will award you a George Mason University certificate of completion.

    9. Who will be my instructor?

    Each student is paired up with a facilitator for one-on-one interaction. The facilitator will be available (by e-mail) to answer any questions you may have and to provide feedback on your performance. Facilitators are all successful working professionals in the fields in which they teach.

    10. What are the system requirements in order to take an online course?

    Please see the "PC requirements" section listed for individual courses.

    11. When can I start the course?

    Registrations are rolling. Please send us your registration form at the time you wish to start your course. Registrations take five to seven business days to process.

     

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    Office of Continuing Professional Education
    4400 University Drive, MS 2G2 · Fairfax, Virginia 22030 · 703-993-2109


    If you can't find what you are looking for, please call us at 703-993-2109.
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