Earned Value Management

Understanding

Project Controls based on Earned Value Management principles
A Powerpoint Presentation

• 73 slides demonstrating EVM principles
• Workshop Material - CPD Category 1; Accreditation No.:SAIMechE-0424-01/ (ECSA - Engineering Council of South Africa)
• Case study and Practical Examples

Project Controls

What every member of the project team should know
A Powerpoint Presentation

• Project Management Processes that needs to function satisfactory for Project Controls to be effective
• Establishing an Integrated, Deliverable-orientated, Work, Organisational and Cost Breakdown Structure
• Setting-up effective Project Controls for minor / major Projects
• Establishing the Performance Management Baseline (EVM)
• Measure Performance
• Progress, performance and status reports

Procedures

Draft Procedures for  Earned Value Management

• Purpose
• Pre-Requisites
• Earned Value Management Acronyms
• Earned Value Formula
• Roles and Responsibilities
• Definitions
• RASCI

• Process Input Criteria and Requirements
• Assessing a Programme for the First Time
• Records Generated
• Annexure Examples / Reports
• Training Requirements
• References 

Special Conditions

Earned Value Management - Special Conditions of Contract (when sub contractors need to be compliant)

• Purpose / Scope
• Policy
• References
• Applicable Documents
• Reference Documents
• Responsibilities
• Inputs / Precedents
• Project Controls
• Approach To Evm
• Minimum Requirements
• An Integrated Wbs - Refer To Appendix D
• Evm Data
• Performance Measurement Baseline
• Programme
• Audits – Compliant Inspections
• Outputs / Deliverables
• Month-End Report
• Executive Summary
• Detailed Summary Report Includes
• Indexes: Spi And Cpi
• Programme
• Performance Measurement Baseline
• Quantities

• Appendixses & Example Reports
• Integrated Wbs
• Pmb - Example Report
• Cpr - Cost Report And Project Status
• Cpr - Cost Report Use Only When Less Than 15 Percent Complete
• Measure Performance Spi And Cpi (Graph)
• Spi - Cpi Report In Monetary Terms
• Typical Variance Report
• Analysis Of The Variance Report
• Planning Horizontal & Vertical Traceability
• Wbs Element Description And Dictionary
• Eact Or Ffd
• Progress Assessment, Performance And Status Report Per Deliverable.
• Assess Progress Consistently

Scope Alignment

Through Integrated WBS Reviews
A Powerpoint Presentation

• Scope
• Schedule
• Budget/Cost
• EPC risks