Project management using the Earned Value method

  • Home
  • Events
  • Project management using the Earned Value method

Project management using the Earned Value method

AttendeesClients and project managers, members of project teams

Duration3 days (18 hours)

Introduction to the realized value method

  • What is the realized value method?
  • Why use the realized value method?
  • Classic Management vs. Realized Value Management
  • Realized value and management
  • Realized Value Management vs. Project/Program Management
  • System assumptions for managing the realized value method

Chapter overview

  • Project scope/scope management
  • What is WBS – Technological structure of project work scope
  • Why is WBS necessary?
  • Creation of WBS
  • WBS dictionary
  • OBS – Organizational structure for project implementation
  • Matrix of distribution of responsibilities – RAM

Chapter overview

  • Time management
  • Key time management settings
  • What is a timetable?
  • Planning vs Time Scheduling
  • Establishing a time schedule
  • Target time schedule plan
  • Critical Path (CP) Method

Chapter overview

Determining the project budget

Project cash flow management

Key settings of cash flow management

  • Budgeting procedure
  • Establishing a plan for spending money
  • Establishing a time target plan
  • Establishing a cost target plan

Scope, Time, Costs… – Consolidation!

Reporting at the WBS level

  • Cost (control) accounts
  • Work packages
  • Plan packages
  • Work packages/Planning packages


  • Component of the target plan of the contract
  • Documenting the target plan
  • Target time and spending plans
  • Chapter overview

A system for managing the realized value

Earned Value Management System – (EVMS) – Concept and methods

EVMS – Basic settings

  • Planned Value (PV)
  • Budget per completion (VAS)
  • Actual Cost (AS)
  • Realized Value (EV)


  • Earned Value (EV) – Methods
  • Overview
  • Project Status – Example
  • Chapter overview

An Earned Value Management System: Metrics, Measuring Achievement and Forecasting

  • Metrics, measuring achievements and predictions
  • Determination of the method of measurement
  • Performance indicators
  • Overview of differences and indicators of project achievements
  • Gap Reporting and Achievement Indicators – Cross-sectional

Realized value management system: Target monitoring plan and change management

Oversight of the target plan and change management

Management of contractual changes

Chapter overview

Earned Value Management System: Reporting

Communication of realized value data

  • Tables
  • Graphs
  • Ѕ curves

Project Cost Achievement Report

  • Form 1: Technological structure of scope of work – WBS
  • Form 2: Organizational structure of the project – OVЅ
  • Form 3: Target plan
  • Form 4: Resource Engagement – RBS
  • Form 5: Difference analysis report

Cost/Time Schedule Summary Report


29 - 31 May 2023


10:00 - 16:00
QR Code