An Introduction to Earned Value Management

Event Date:August 15, 2012

Earned Value is a project management technique where you monitor the project plan, actual work, and work-completed value to see if a project is on track. Earned Value shows how much of the budget and time should have been spent, in relation to the amount of work done so far.

Earned Value provides the project manager with an objective way of measuring performance and predicting future outcomes. This can enable him or her to report progress with greater confidence and highlight any overrun earlier. This in turn, enables the management team to make cost and time allocation decisions earlier than would otherwise be the case.

The objective of this presentation is to provide a brief introduction to EVM and its concepts and to explore the value of using EVM on your projects. This presentation includes a ‘hands-on’ exercise so bring your pencils.

Michael J. Schweitzer, PMP is the Vice-President – Organizational Development of The Mentor Group International. In addition to being a PMP, he is also a certified NLP coach. Over the course of his career spanning more than 40 years, Michael has been involved in all aspects of Project and Program Management in various segments of the Telecommunications and the Oil and Gas industry. His experience spans from civil construction work and telephone equipment installation for major mobile network rollouts to offshore oil and gas platforms. He has managed and coached projects in Asia, The Middle East and Canada.

Michael is currently serving as Director-at-Large for the PMI Bangkok Chapter and has held the positions of Past Region 15 Component Mentor for PMI, and Past President of the PMI Bangkok Chapter.

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