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Advanced Earned Value Management

Lawrence P. Duss, PE

Course Outline

As noted in Course P218, Earned Value Management basically establishes a project baseline and evaluates time, cost and risk factor changes against that baseline.

Since all “Project Deliverables” were described in Course P218, the focus of this advanced course will be on base-lining a project schedule and how periodic updates are assembled and evaluated and how project adjustments to any identified variances are handled.

This course includes a multiple choice quiz at the end, which is designed to enhance the understanding of the course materials.

Learning Objective

Upon successful conclusion of this course, the student will:

Intended Audience

This course should be helpful to all project personnel, be they employees of owners or contractors, who are involved in project development and/or reporting.

Benefit to Attendees

Course Introduction

As mentioned in Course P218, a number of federal agencies as well as major corporations have adopted the application and use of Earned Value Management principles into their operating program. As time, cost and risk become more important in program development and application, it becomes more paramount that project personnel become better versed in the use of Earned Value Management principles.

Course Content

In this lesson, you are required to download and study the following course content in PDF format:

Advanced Earned Value Management

Please click on the above underlined hypertext to view, download or print the document for your study. Because of the large file size, we recommend that you first save the file to your computer by right clicking the mouse and choosing "Save Target As ...", and then open the file in Adobe Acrobat Reader. If you still experience any difficulty in downloading or opening this file, you may need to close some applications or reboot your computer to free up some memory.

Course Summary

The student after having read the course contents should now have a better understanding how EVM Principles apply to the development and management of a project. Whatever documents or deliverables are used in compiling and updating a project schedule, the Project Manager and Project Team should have a complete understanding of the project criteria. If properly managed, the project as contracted will meet or exceed the owner’s expectations.

Project criteria used in assembling and updating a schedule shall include but not be limited to the following documents:

The primary benefits of using EVM Principles include:

The top ten reasons why projects are successful are:

Related Links and References

Program Evaluation and Review Technique – Wikipedia
Earned Value Management – USAID
Issues/Risk Log, Johnson City Medical Center – Johnson Controls
Beaver Dam Project – Wal-Mart


Once you finish studying the above course content, you need to take a quiz to obtain the PDH credits.

Take a Quiz

DISCLAIMER: The materials contained in the online course are not intended as a representation or warranty on the part of PDH Center or any other person/organization named herein. The materials are for general information only. They are not a substitute for competent professional advice. Application of this information to a specific project should be reviewed by a registered architect and/or professional engineer/surveyor. Anyone making use of the information set forth herein does so at their own risk and assumes any and all resulting liability arising therefrom.