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Earned Value Management
 

INTRODUCTION

Earned Value Management (EVM) is a project management technique which aims at controlling and managing project through milestones, and objectively. EVM also provides an early warning of performance problems while  there is time for corrective action. Hence it is seen as a very powerful method to detect and mitigate financial risks.  In addition, EVM improves the definition of project scope, prevents scope creep, communicates objective progress to stakeholders, and keeps the project team focused on achieving progress.

TRAINING OBJECTIVES

To present EVM as a simple but effective project management system.
To train the participants to construct earned value metrics on identified milestones.
To demonstrate how to apply EVM to all project situations.
To illustrate the use EVM to empower people by defining subgoals

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