FP-100 Introduction to EVMS forProject
Learn the basics of managing projects in EVMS forProject
Description
This course prepares new users of EVMS forProject Professional and Web App to define, organize, plan, schedule, and budget a project; to track project progress and costs; to analyze, forecast, and report on project performance; and to manage project changes. This course is a prerequisite for most other EVMS for Project Professional and Web App courses.
Format
Instructor-Led Remote Learning with Hands-on Exercises
Audience
New users who want to learn the basics of managing projects using Earned Value in EVMSforProject
Prerequisites
- A Windows computer (Windows 10 or later) with internet access
- A modern, updated browser (e.g., Edge, Chrome or Safari)
- Ability to access Citrix GoToMeeting (www.gotomeeting.com)
- Ability to access the forProject training environment
- Basic knowledge of Earned Value Management
- Note: Two monitors are recommended, but not required
Learning Objectives
After participating in this course, you will be able to:
- Access EVMS forProject Professional and Web App
- Create a project
- Define project Work Breakdown Structure (WBS)
- Define project Organization (OBS) and other structures
- Identify Control Accounts
- Assign Responsibility
- Identify and budget Work Packages & Planning Packages
- Establish or import the schedule Baseline
- Assign EV methods
- Establish resource forecasts (ETC) and budgets (BCWS)
- Enter contract information and budget log
- Update or import progress and status information
- Measure Earned Value (EV) performance (BCWP)
- Record actual costs (ACWP)
- Update Estimated ACWP
- Calculate EV performance metrics
- Identify and analyze Variances
- Update ETC/EAC forecasts
- Generate internal and external reports & charts
- Incorporate contractual changes to work scope and budgets
- Perform replanning / single-point variance adjustments