Live Webinar – December 11th, 2014 7:30 am – 8:30 am EST
Live Webinar – December 11th, 2014 12:30 PM – 1:30 PM BT
Duration: 1 hour webinar Credits: 1 PDU Category B – Free PDU
Sponsored by: Association for Project Management – APM

This webinar will provide an introduction to the basic concepts of earned value management (EVM).

Earned value management is a project control process based on a structured approach to planning, cost collection and performance measurement.

Earned value helps us manage a project by:

• Providing data to enable objective measurement of project status;
• Providing a basis for estimating final cost;
• Predicting when the project will be complete;
• Supporting the effective management of resources;
• Providing a means of managing and controlling change.

Earned value provides information which enables effective decision making by knowing:

• What has been achieved of the plan;
• What it has cost to achieve the planned work;
• If the work achieved is costing more or less than was planned;
• If the project is ahead of or behind the planned schedule.

Good planning leads to good project execution and good management information.

This is a back to basics presentation, there is no need for any previous knowledge about earned value or experience in project controls. Using worked examples and drawing on Simon Taylor’s experience.

It will cover the following topics;

• The earned value management principles
• Calculating and reporting earned value
• Understanding S curves and Bullseye charts

Anyone who is thinking about starting or has just begun a career in project controls and wants to know more about earned value should attend this webinar. It will also serve as a useful reminder for anyone wanting to refresh their knowledge on earned value.

Presenters:

Simon Taylor (LinkedIn profile) is the head of planning, Transport for London Simon is responsible for the maturity and effectiveness of planning within capital projects across all transport modes at TfL covering rail, heavy engineering, vehicles, power & communications, signalling, software, IT, people & business change as well as planning and controls career development and the TfL planning apprenticeship which is in its 3rd year. Simon is also the vice chairman of the Specific Interest Group (SIG) for Planning Monitoring and Control. 

Stephen Jones (LinkedIn profile) is a  project manager,Chartered Engineer and an APM Registered Project Professional with 13 years’ experience in the nuclear industry and 17 years in the manufacturing industry currently with at Sellafield Ltd (responsible for safely delivering decommissioning of the UK’s nuclear legacy & fuel recycling management). He is also a lecturer at the University of Warwick, a professional supervisor on the worked based Learning Masters Degree in Professional Engineering at both Aston University and Kingston University London.

Click to register for Back To Basics: Earned Value Management For Beginners