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Description

I welcome you to my course:
Project Management with Earned Value Management (EVM) - 9 PDUs
for PMP Certification, CAPM Certification, PRINCE2 Certification aspirants, and entry/mid-level Project Managers willing to learn EVM to monitor & control projects and drive business decisions (and willing to gain PDUs along the way).
Why learning Project Management is challenging?
Project Management can be a difficult subject to master. Not because it has loads of framework and tools associated with it, but primarily because it's 'people' on the field who does projects, NOT the 'tools and frameworks'.
You can learn all the available tools for project management, be a master of excel spreadsheets and mathematical models...and still you can fail miserably as a project manager.
This is because, project management is a practical science, not a theoretical one.
You will become a better project manager once you are able to apply what you learn in real-life projects to lead teams that consist of 'people'. Microsoft Excel or MS Project will not 'do' the project physically for you in the field.
When we start to learn project management, this is the key item that is lacking. The realization of how the tools, formulas, framework and techniques link to real-life projects and how they can be used effectively to deliver highly successful projects.
Why should you take this course?
This is where this course comes in.
In this course, I have picked one of the most effective tools of Project Management which is Earned Value Management (EVM).
And, using that tool, I have explained how you can use this tool to lead & direct projects in real-life.
I have used the
Case-Study Based Learning Approach
in this course which was pioneered by the Harvard Business School in 1921 and over the years this method has been progressively adopted by the leading universities and management schools across the world such as MIT, Stanford, Oxford, INSEAD, Wharton and ISB.
This case-study method will not only help you to understand the concept of EVM thoroughly, but also will help you to apply that in a real-life project scenario to solidify that understanding.
In the case-study detailed in this course,
YOU will be the project manager for Project Neo
which aims to construct a warehouse for an e-commerce company in the UK, install a robotic pick & place bay within the warehouse and program & commission the same. It is a £1,000,000 project that you would be leading.
The case study covers various aspects from the disciplines of
Civil, Mechanical, Production and Information Technology.
Through the case-study of Project Neo as discussed in this course, you would learn the following items:
Understand the linkage of project management principles with
real-life projects
Get to know how it is to be a
Project Manager
yourself
Learn
Earned Value Management (EVM)
as a key tool for leading & directing projects
Learn all the formulas and metrics linked to EVM such as
PV, EV, AC, BAC, EAC. ETC, VAC, TCPI
etc.
Know how to use EVM to
take project decisions
Become efficient in
tracking projects using Microsoft Project
Learn how to use MS Project to perform Earned Value Analysis
Develop professional looking
project dashboards using MS Project
If you are a
MBA/Finance student
, gain understanding of EVM in a project based scenario
If you are preparing for certification exams such as
PMP, CAPM, PMQ, RMP, PgMP, PfMP, APM
etc. get an overall understanding of EVM concepts and formulas which forms a key part of the syllabus for all of these exams
When you enroll in this course, you should expect crystal-clear, easy-to-understand explanations and instructions so that your focus stays on the 'learning'.
Frankly, I am a bit envious. I wish I had this tremendous learning opportunity when I was just getting started as a Project Manager.
I am confident that you’ll experience instant results delivered by this course.
That’s why I invite you to click on the
“Enroll Now"
button, secure your lifetime access now and begin to learn.
You are going to love it.
Enjoy the Learning!
Nilotpal Ray, PMP
Who is this course for:
PMP, CAPM, PMQ, RMP, PgMP, PfMP, APM aspirants
Entry level PMs, Project Coordinators
Mid level PMs willing to grow their career
MBA/B-School/Finance/Undergrad Student studying EVM
Any working PM willing to understand EVM
Anyone who wish to learn how projects are led in real-world
Who this course is for:
PMP Certification and CAPM Certification Students willing to learn EVM
Aspirants for Certification Exams viz. PgMp, PfMP, RMP, PRINCE2, APM
Entry level PMs willing to learn EVM for tracking projects
Business School/MBA Students
Finance/CA Students

What you'll learn

Real-life Business Case Study on EVM | EVM using MS Project

Basics of Earned Value Management (EVM)

Complex EVM Metrics: PV, AC, EV, CPI, SPI, TCPI, BAC, EAC, ETC, VAC explained in a simple way

Real-life example of Project Management using EVM toolkit

Design professional looking EVM Project Dashboards using MS Project

50-Q Quiz on EVM with Answers & Explanations

Requirements

  • You will need a copy of Adobe XD 2019 or above. A free trial can be downloaded from Adobe.
  • No previous design experience is needed.
  • No previous Adobe XD skills are needed.

Course Content

27 sections • 95 lectures
Expand All Sections
1-Introduction: Welcome and Course Logistics
6
1.1-Welcome to the course
1.2-Download the Course Slides
1.3-How to navigate and ask questions?
1.4-Where to find assignments and how to engage with peers?
1.5-Rewards of being a Project Manager
1.6-Assignment 1: Introduce Yourself
2-Business Case Study: Project Neo
5
2.1-The best way to learn Project Management - Business Case Study
2.2-Project Neo - Part 1
2.3-Project Neo - Part 2
2.4-Project Neo - Part 3
2.5-Project Neo Case Study Document
3-The Basics of Earned Value Management
6
3.1-What is EVM?
3.2-Link of EVM to Project Life Cycle
3.3-Baselining a Project (Scope, Cost, Schedule)
3.4-Baselining Project Neo
3.5-Concept of INPUT, OUTPUT and FORECAST Elements of EVM
3.6-Summary of Learnings - 1
4-Project Neo: Earned Value Input Elements
4
4.1-What is Planned Value (PV) or Budgeted Cost of Work Scheduled (BCWS)
4.2-What is Actual Cost (AC) or Actual Cost of Work Progressed (ACWP)
4.3-What is Earned Value (EV) or Budgeted Cost of Work Progressed (BCWP)
4.4-What is Budget at Completion (BAC)
5-Project Neo: Earned Value Output Elements
3
5.1-Schedule Variance (SV) and Schedule Performance Index (SPI)
5.2-Cost Variance (CV) and CPI (Cost Performance Index)?
5.3-Mnemonic to remember EVM Formulas
6-Project Neo: Earned Value Forecast Elements
7
6.1-What is EAC (Estimate At Completion)?
6.2-What is ETC (Estimate to Complete)?
6.3-What is VAC (Variance at Completion)?
6.4-What is TCPI (To Complete Performance Index)?
6.5-How to interpret TCPI?
6.6-How to interpret SV, CV, SPI, CPI?
6.7-Status check: Summary of Learnings - 2
7-Decision making with EVM
2
7.1-How EVM helps you to make business decisions
7.2-What decision you would take for Project Neo?
8-EVM (Earned Value Management) Using MS Project
12
8.1-EVM using MS Project: Introduction
8.2-MS Project Base File file for Project Neo
8.3-Setting MS Project Calendar
8.4-Adding costs (Baseline estimates)
8.5-Viewing cost tables
8.6-Baselining Project Neo in MS Project
8.7-Reporting project progress
8.8-Generating EVM Reports
8.9-Cost Dashboard (Cost Overview, Cash Flow, S Curves)
8.10-Project Reporting Dashboard in MS Project
8.11-Earned Value Management Quiz - 50Q
8.12-Quiz Analysis and Learning Assimilation
9-Summary and Next Steps
3
9.1-Course Summary and PDU Structure
9.2-Additional Resources on EVM
9.3-Claiming PDUs from this course