The Project Management Professional (PMP)® and Certified Associate in Project Management (CAPM)®, are registered marks of the Project Management Institute (PMI)®

Fundamentals of Earned Value Management

You control the course! You choose the time, location, and pace. InSite is available when you are - 24/7.

About This Course

Learn the basic components of earned value and how they are combined to provide a picture of project status, trends, and direction. This course is full of exercises to provide experience in understanding your project scenario in terms of earned value. The course includes the Earned Value Formula Map – a tool to visualize what you already know about your project and “map” the location of what you are being asked to find out.

This course is also available in the Complete Your Talent Triangle bundle and the PDU Passport, our annual subscription to all of our PDU courses.

Outline: 

  • Project Questions
  • Adding the Time Frame
  • Correlation of Information
  • Budget at Completion
  • Actual Cost
  • Planned Value
  • Cost Variance
  • Schedule Variance
  • Project Status (Cumulative vs. Periodic)
  • Spending Efficiency
  • Final Exam
  • Summary

Takeaways:

  • Earned Value Formula Map
  • Budget at Completion Exercise
  • Actual Cost Exercise
  • Planned Value Exercise
  • Earned Value Exercise
  • Cost Variance Exercise
  • Schedule Variance Exercise
  • Schedule Variance in the Time Domain Exercise
  • Project Status Exercise
  • Cost Performance Index Exercise
  • Schedule Performance Index Exercise
  • Status Matrix
  • Blank Formula Map
  • Final Exam (with answers)
  • Certificate of Completion

Target Audience: Best for PMP® and PgMP® certification holders.

Outcome: 5 Professional Development Units (PDUs) that can be applied towards the following certifications: PMP, PgMP, PfMP, PMI-ACP, PMI-BA, PMI-RMP, and PMI-SP

Author: Louis Alderman

Frequently Asked Questions

  • Is this course registered with PMI? Will I earn Professional Development Units (PDUs)?

    Yes and yes!  Your PDUs are important, and we’ve registered this course with PMI.  Velociteach is a Registered Education Provider (REP#1768).  This course is listed with PMI, provides Category A PDUs and is aligned with the PMI Talent TriangleTM. Once you have finished the course, our system will generate a Certificate of Completion for your records.

  • How long will I have access to this course?

    You will have access to this course for 6 months from the time you activate the key in your account.

  • When will I be able to access this course?

    Upon purchase, this course will automatically be added to your account. However, your 6-month access period will not begin until you activate the key.

  • How long will it take me to complete the course?

    You will earn 5 PDUs for completing this course. Therefore, it should take you about 5 hours to complete the course, but you can revisit sections or watch lessons as many times as you wish during your access period. One of the best features is you can pause a course and pick up right where you left off when you log back into your account. InSite is self-paced, which makes it simple for you to learn when it is convenient for you.

  • Can I access this course from a mobile device?

    Yes, you can take this course from your computer, tablet or mobile device.  If you can access the internet, you can access this course.

  • What is the Talent Triangle, and how does it impact my PDUs?

    PMI requires that you earn a minimum number of 8 PDUs in Technical Project Management, Leadership, and Strategic and Business Management categories.

  • How do I report my PDUs?

    You will receive a Certificate of Completion when you complete each course. PMI has step-by-step instructions on how to report your PDUs.

  • PDUs: 5

Select a Course Duration

Once you purchase the course, your access key will be added to your account. Your subscription period begins when you activate the key rather than when you purchase the access. Buy now. Learn later.

Fundamentals of Earned Value Management


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PMI Talent Triangle™

  • Leadership PDUs: .5
  • Technical PDUs: 4.5

"The exercises used were extremely helpful, particularly when the same exercises were used to cover different concepts."

-A. Karam

"Presenter was knowledgeable and easy to understand. The examples and worksheets were challenging, but definitely helped me to learn the concepts."

-M. Floriani

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