To qualify students in one of the most powerful project control tools that is available.

The Earned Value Analysis is widely used in the North American government and it has been increasingly used in other countries and organizations.

Training content

At the end of the course the student will be able to:

  • Understand the three components of the earned value analysis
  • Plan a project in order to use the earned value analysis
  • Create the Account Control Plans for performance assessment
  • Apply different mathematical models to determine the earned value
  • Calculate variances and performance indices
  • Establish different cost and deadlines estimates for the project from the current project performance
  • Distinguish the To-Complete-Performance-Indice TCPI from the current performance index CPI
  • Identify the major success factors in the organizations earned value analysis implementation

More Information

Wish to get more information on the training Earned Value Analysis in projects?

Contact us

Fact sheet

Course duration [?]
16 hours
Number of participants [?]
Minimum 20 students per class
Instructor [?]
Ricardo Viana Vargas
Instructor’s assistant [?]
No
Target audience
Project managers, projects team members, planners, PMO members, others stakeholders interested in the project management process.
Requirements
Project management knowledge (especially costs and schedule)
Language(s) [?]
Portuguese and English
Local
Provided by the contractor. Worldwide attendance.
Closed classes (In Company)? [?]
Yes
Open classes? [?]
No
Certification and PDU [?]
All training participants will receive a participation certificate with 16 PMI's PDUs.
(PMI R.E.P. activity number: Macro008)

Teaching Methodology Top ↑

Ricardo Vargas had developed the market's most awarded dynamics, concerning the projects training.

Ricardo Vargas had developed the market's most awarded dynamics, concerning the projects training.

In this course, the following dynamics will be used:


Courseware

The courseware to be received by the students will consist of slides, articles and lists of exercises, and it may also contain the following special products by Ricardo Vargas:

Exclusive student access area

In addition to the exclusive printed material, all participants will have access to the courseware’s electronic version, to the files of exercises and to the work done in the classroom.

The access is given through the restricted site that is available and prepared by the Macrosolutions team considering each course that we provide. This initiative is a pioneer in the educational market and also anticipates trends related to the documents’ electronic management


Program
Standards
  • Training basic program

    ‣ Course opening
    1. Earned value analysis +
    • Earned Value Concept
    • Budget, actual costs and Earned Value Nomenclature
    • Cost and schedule variation Nomenclature
    • Performance indices Nomenclature
    • Earned value background
    2. Project planning in order to apply earned value analysis +
    • Project Planning
    • Scope Definition
    • Schedule Development
    • Cost Account Plans (CAPs) and budgeting
    • Establishing the baseline and the budgeted cost of work scheduled (BCWS)
    3. Projects execution and monitoring using earned value analysis +
    • Earned Value Measurement and Calculation (BCWP – Budgeted Cost of Work Performed)
    • Actual Cost Measurement and Calculation (ACWP – Actual Cost of work Performed)
    4. Earned value forecasting and estimates +
    • Costs and Schedule forecasting and estimates nomenclature using Earned Value Analysis
    • Indices used to estimate the final project costs
    • Types of SPI and CPI used to compose indices to estimate the project final cost and schedule
    5. Earned value analysis as a control tool +
    • Earned value analysis as a control tool
    ‣ Course close-out
  • Supported standards and methodologies

    Project Management Institute (PMI)
    PMBOK Guide Yes
    PMI Practice Standard for Estimating Yes
    PMI Practice Standard for Earned Value Management Yes
    PMI Practice Standard for Configuration Management
    PMI Practice Standard for Risk Management
    PMI Practice Standard for Work Breakdown Structure Yes
    PMI Practice Standard for Scheduling Yes
    PMI Standard for Portfolio Management
    PMI Standard for Program Management
    PMI Project Manager Development Competency Framework
    Organizational Project Management Maturity Model (OPM3®)
    UK Office of Government Commerce (OGC)
    PRINCE2 (Projects in Controlled Environments)
    MSP (Managing Successful Programmes)
    M_O_R (Management of Risks)
    P3M3 (Portfolio, Programme, and Project Management Maturity Model)
    P3O (Portfolio, Programme and Project Offices)
    MoP (Management of Portfolios)
    MoV (Management of Value)
    Scrum Alliance
    Scrum Methodology
    International Project Management Association (IPMA)
    ICB® IPMA Competence Baseline

Testimonials

Top qualities: Expert, On Time, High Integrity Ricardo is a great professional who is very good at dealing with people. An innate communicator, he achieves high standard results with his influential capacity and wide knowledge of various subjects. It's truly inspiring to work by his side due to his peculiar way of doing business. He is always up to date and determined in his pursuit to obtain knowledge.

Joaquim Luiz Vianna

MRS Logística | Juiz de Fora, Brazil

Ricardo is one of the best trainers on Project Management working in Brazil nowadays. He has done at least two trainings per year for Siemens Brazil in the last 5 years and his approval by the participants is always 100%. I’m sure he is the responsible for our great success in achieving the number of 170 PMPs certified in our group in Brazil. I can finally say that his training worth how much it costs.

Leandro Patah

Siemens | São Paulo, Brazil

I consider Ricardo Vargas as a great reference in Project Management in Brazil and worldwide. He inspired me to know and use the PMI proposed practical. Besides, he has entrepeneurial vision and passion for everything he does. It’s always a pleasure to meet him and talk either personal or virtually. Ricardo thinks big and is extremely connected to the subjects concerning to management and to the great market changes, or on the economy and the society. Certainly, he is an outlier professional.

Marcelo Bastos

Banco do Brasil | São Paulo, Brazil

Ricardo Viana is the most valuable Project Management person that I've met. His books and working classes are kind of treasure that you have to meet at least once in your life. Even if you feel not so comfortable about this PM subject, you will notice his capacity to teach lessons about life, work and professionalism. I suggest you to read his books. For sure, you will be able to understand better the PM theme and moreover acquire a little bit from his experience and expertise in this topic.

Marcelo Moulin

Citibank | São Paulo, Brazil

I worked with Ricardo Vargas during last HP Services Project Managers Workshop, held in São Paulo, Brazil, on Nov/06. As a company, we were looking for a senior market professional, that could support us with the main goal of improve our PM´s skills and capabilities. HP chose Ricardo as the right professional for this mission. During the workshop, Ricardo presented customized and market updated content, with high quality materials and totally aligned with what was required by us. He covered very important topics related with management of big and complex projects, like leadership and its interfaces with project team and customers; motivational management – dealing with power aspects; management of change, conflict, stress and crisis management; project negotiation techniques - using support tools like MBTI and SDI; and also case study panels, where PMs had the opportunity to share with the team their own delivery experiences. His presentation was superlative and outstanding. He has attention to details, answering all the questions raised by participants during the event, that by the way, had very good satisfaction results. I recommend Ricardo´s consultative services for companies that want good return on their investment and long term partnership.

Ronaldo Bassi

HP Services | São Paulo, Brazil