Podcast - Effective Earned Value Management - Part 1

Presented by: ESI International

Duration: 18:49 minutes

PDUs: According to PMI, PDUs are used to quantify approved professional development activities. Typically, you earn one PDU for one hour (60 minutes) spent in a planned, structured professional development activity.

In this two-part series ESI International’s Jim Foreman, Vice President of Client Solutions, and Bruce Falk, Senior Instructor are interviewed about A Universal Approach to Effective Earned Value Management. During this series, Mr. Foreman and Mr. Falk will discuss how EVM will improve your project performance.

This interview will focus on the key information and the steps required to successfully implement EVM. Practical tips for determining cost and schedule status and on assessing whether your project is in or out of control will be shared. Finally, you will understand how to quickly pinpoint trouble spots and mitigate their effect on your project before they become major issues.


Part 1 review:

  • The importance of Earned Value Management
  • Who should use EVM
  • Where to start
  • Reporting Systems and Structures


Part 2 review:

  • Reviews terms associated with EVM
  • Determining your Variance Tolerance
  • When to start using EVM
  • Challenges faced when implementing or using EVM
  • Putting EVM in place in your organization


* Professional Development: The Project Management Institute requires that a PMP® earn 60 Professional Development Units (PDUs) every three years in order to maintain certification. More Information on PDUs. 

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