After completing this course, you will be able to:

• Explain why Earned Value Management is Necessary to Report Project Progress Effectively
• Define the Three Basic Earned Value Parameters PV, EV, and AC
• Describe the “Missing Link” between the Project Schedule and the S-curve
• Determine the Way to Allocate Costs over Activities
• Determine the Project Schedule and Cost Positions using the Schedule Variance, the Cost Variance, the Schedule Performance Index, and the Cost Performance Index
• Calculate the Different Estimates at Completion
• Challenge the Project Manager over the Project Status
• Explain the Issue with Schedule Variance and the Reason for Earned Schedule Management
• Apply the Principles of Three Point Estimation on the Estimates at Completion
• Interpret the Earned Value Parameters for Project Evaluation
• Evaluate Earned Value Management and its Limitations
• Apply Earned Value Management on Projects