Lynda - Calculating Earned Value with Aileen Ellis
Lynda - Calculating Earned Value with Aileen Ellis
English | Mar 18, 2014 | Audio: aac, 44100 Hz, mono | Video: h264, yuv420p, 960x540, 15.00 fps(r) | 150 MB
Genre: E-learning
BAC, CV, ETC, TCPI. Don't let the alphabet of earned value acronyms deter you. Follow along with Aileen Ellis, PMP, PgMP, as she walks you through earned value calculation.
Relevant for those considering the PMP exam or interested in better managing your project performance, this course shows you the calculations that make earned value management (EVM) one of the most critical project metrics. Aileen walks through two concrete examples, a construction project and a system upgrade, and shows how earned value metrics can help you calculate current performance and forecast future performance. Since it's not all a numbers game, interpret the results of these calculations and forecasts to make better project decisions.
Topics include:
What is earned value management
Who uses EVM
Determining budget at completion, planned value, and earned value
Calculating schedule and cost variance as well as schedule and cost performance index
Forecasting future costs
Computing TCPI for project success
Exploring limitations of EVM
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