Controlling Budgets with Earned Value Management

$12.95

Managing Project Budgets (Webinar 3)

The classic method for monitoring project budget conformance is to subtract the cost-to-date from the budget. But, this only tells the Project Manager if there is money left to spend…not how much it will cost to complete an activity or the project. So, the Project Manager can only guess if the project is actually on budget or not. Earned Value Management solves this problem.

Join us for this 1 hour in depth presentation to learn why Earned Value Management is the only way to really know if a project is on budget or not, and how it can predict the total cost at the end of the project…while there is still time to take action.

In this webinar participants learn about:

  • Why it is important to measure the amount of work/product produced at various points in the project
  • The relationship between planned cost (S Curve) and planned production for budget control
  • How to compute the value of work/product completed to date and a Cost Performance Index to measure efficiency
  • How to compute and use Cost Variance and Schedule Variance values


EARN 1 PDU
after viewing this webinar.

This webinar aligns to the PMI Talent Triangle – Technical.

Description

Solutions Cube Group’s webinars are presented by experienced staff members and partners who have over 30 years of experience managing projects and developing and running facilitated project meetings and delivering project management training courses.

During checkout you will be asked to provide your name and email address to automatically register you for the webinar you’ve purchased. Click on Watch Webinar to stream the webinar on Windows Media Player (PC). If you use QuickTime (Mac) we recommend installing a free video viewer called VLC media player at http://vlc-media-player.en.softonic.com/mac to stream the webinar.

If you have questions about your purchase or would like to receive a copy of the presentation slides, contact us at customerservice@SolutionsCubeGroup.com or call us at 972.786.0900.

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