PMP 0501: Measuring Performance Using Earned Value Management
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Course Description
Features
Topic Highlights
Course Completion Requirements
PDU and CPE Information
Who Should Attend
COURSE DESCRIPTION
Measuring performance is critical to managing projects successfully. This two-day course covers the concepts and practices of an Earned Value Management System (EVMS). Participants will learn the key elements to establish EVMS to objectively manage project performance, correctly apply earned value formulas, obtain project status, and forecast project completion. An emphasis will be placed on application of earned value as it relates to the Federal government.
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FEATURES
Participants require a background in project management methods, tools and techniques. Lecture, discussion, exercises, and case studies will be used to transfer learning of course concepts. Federal government-related forms will also be introduced as part of the course materials.
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| Registration |
Click here to download
the registration form.
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| Schedule |
January 20-21, 2010 (Wednesday-Thursday)
Time: 8:30 AM-4:30 PM
Location: HRN Status: Open
April 27-28, 2010 (Tuesday-Wednesday)
Time: 8:30 AM-4:30 PM
Location: ARL Status: Open
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| Fee |
$1195.00 |
| CEUs |
| 1.3 CEUs
13 Contact Hours
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| Onsite Opportunity |
This course is also available on a contract basis and can be tailored to suit your
organization's needs. Please contact us to discuss your onsite opportunity. |
| Contact Info. |
Herndon Training Center at CIT
Online contact form
Address:
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George Mason University
Office of Continuing Professional Education |
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2214 Rock Hill Road, Suite 400 |
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Herndon, VA 20170-4213 |
Telephone: 703-993-4800
Fax: 703-993-4811 |
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TOPIC HIGHLIGHTS
Participants will be introduced to the essential skills, knowledge, tools, and techniques employed in modern project management. Emphasis is placed on gaining practical experience with tools and techniques that ensure successful project performance. Topics covered include:
Module One: EVMS Planning and Requirements
Overview of EVMS methodology, system criteria, ANSI 748 A Guidelines
Module Two: Project Scope and EVM
Understanding the project scope, creating a project Work Breakdown Structure (WBS), creating the Organizational Breakdown Structure (OBS); work packages, creating control accounts
Module Three: Planning and Scheduling the Budget
Sequencing activities and determining critical path; integrated master schedule and integrated master plan
Module Four: Estimating and Budget Project Resources and Costs
Integrate schedule and budget into cost, cost estimates and budget, control account plans, management reserves, establishing the Performance Management Baseline (PMB)
Module Five: Monitoring Performance, Reporting and Actions
Determining variances and performances indices, the Over the Target Baseline, reporting performance, recovery plans
Module Six: Forecasting Project Completion
Calculating the Estimate at Completion (EAC), Estimate to Complete (ETC), and To Complete Performance Index
Module Seven: Federal Issues and EVM
Federal EVMS Guidelines, Integrated Baseline Review (IBR), CPR Formats 1-5, OMB Circular A-11, Section 300
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COURSE COMPLETION REQUIREMENTS
100% attendance and participation are expected from participants.
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PDU AND CPE INFORMATION
George Mason University is a PMI® Global Registered Education Provider
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PDU CREDITS:
Four-day seminars are recommended for 28 PDUs
Three-day seminars are recommended for 21 PDUs
Two-day seminars are recommended for 14 PDUs
One-day seminars are recommended for 7 PDUs
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George Mason University, Office of Continuing Professional Education is registered with the National Association of State Boards of Accountancy (NASBA), as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Nashville, TN, 37219-2417. For more information regarding administrative policies such as complaint and refund, please contact our offices at 703-993-4800. |
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WHO SHOULD ATTEND
Project managers, program managers and team members who are assigned earned value-related responsibilities. Managers and mid-level professionals who are faced with increasing pressures to successfully achieve project objectives on time, within budget, and according to specifications. Course participants should have project management experience and understand project management processes and techniques.
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