Why use Earned Value Management (EVM)?

• The One Minute Project Review
• Historic Project Management Metrics, Why They Fail
• Traditional Project Reporting
• Project Reporting with EVM
• Questions That EVM Allows Us to Answer

Basic Earned Value Concepts

• Basic EVM Concepts
• The Planned Value (PV)
• The Earned Value (EV)
• The Actual Cost (AC)
• Organizing the Project for EVMS
• Content of a WBS
• Establishing Management Control Cells
• Control Cell Accountability

Using EVM to Capture the Project Plan

• Example : Planning and Budgeting a Project
• Schedule Integration
• Planning at the Control Account
• Charting the Plan to Build Equity
• Work Package Planning
• Exercise - Planning Work Packages
• Sample of Work Package Planning
• Non Labor Tasks (Material and Subcontracts)
• Far Term Tasks-Planning Packages

Integrated Baseline Reviews (IBRs)

• Goals of the IBR
• The IBR Process
• IBR Risk Categories
• IBR Team Skills and Roles
• Planning for the IBR

Collecting EVM Project Data

• Evaluating Project Performance (Execution and Control)
• Obtaining the Earned Value Management Data
• Reporting Progress at the Control Account
• Analyzing Variances From the Plan
• What Is Not a Variance
• Sample of Project Status and Variances

Analyzing EVM data

• Exercise - Assessing Project Status Using EVM
• Analyzing Project Status
• Cost Performance Index
• Schedule Performance Index
• Earned Schedule
• Why use ES?
• More ES terminology
• Variance Thresholds
• Variance Analysis at the Control Account
• When Thresholds are Breached
• To Complete Performance Index
• Determining Trends and Plotting Indices
• Percent Complete, Percent Spent
• Contract Performance Report

Estimating Final Project Cost and Schedule

• Estimating the Final Cost
• Some EAC Formulas
• Application of EAC Formulas
• Estimating the Completion Date
• Using EVMS at the Team Level
• Just How Good Is the EVM Data?
• Recap How to Establish Your EVM Baseline    
• Recap How to Perform EVM Accounting

Challenges in Applying EVM to IT Projects

• Key IT Risks
• IT Projects Deferred Performance Scenario
• Why Software Projects Are Unique
• Warning Indicators
• A Software Project WBS
• Software Maintenance
• Managing Software Maintenance

The ANSI EVM Standard

• International Standards for EVMS
• ANSI 748-98 Criteria
• Organizational Process Areas
• Planning Process Area
• Accounting Process Area
• Analysis Process Area
• Revisions Process Area
• EVM Resources

The Earned Value Management Maturity Model® (EVM3)®

• The Value of a Maturity Model
• Characteristics of Common Staged Maturity Models
• The Earned Value Management Maturity Model®
• Attributes of Level 1  INITIAL
• Attributes of Level 2 -LOCALIZED
• Attributes of Level 3 ANSI 748 COMPLIANT(+)
• Attributes of Level 4 - MEASURED
• Attributes of Level 5  OPTIMIZING
• Obtaining the EVM3® Model and Independent Assessments