HOUSTON, TX
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This one-day course provides the understanding necessary to implement a successful Earned Value Management process. Various methodologies will be explained for establishing a Budget of Cost Schedule (BCWS), Budgeted Cost of Work Performed (BCWP), and Actual Cost of Work Performed (ACWP). Explanations of determining the weighted contribution of differing disciplines deliverables to the project whole; such as engineering, procurement, and various construction trades. Rules of Credit and instruction of how to apply accurately to eliminate subjectivity are explained in detail. This course provides a clean methodology of collecting actual costs, developing and updating performance measurement & metrics, applying & interpreting forecasting methods, as well as implementing a successful change management system.
Subjects include: Scheduling associated with Earned Value, the importance of Resource Management, and Earned Value. Earned Value within scheduling softwares will be available for discussion upon request. |
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