Association for Project Management
Printable version

An introduction to an effective earned value management system (EVMS) webinar series part 1

An introduction to an effective earned value management system (EVMS) webinar part 1 in this 3 part series.

This series of webinars will introduce people to the, often poorly understood, system of work (the Earned Value Management System) that underpins good Earned Value Analysis (EVA) and enduring decisions.

The techniques for analysing EVM data are well understood and widely deployed. However, the system of work that provides ‘unquestionable’ data to analyse is less well understood. This, in turn, has led to a lack of understanding of what Earned Value Analysis is actually telling us about our projects.

This series of webinars aimed to improve and broaden the understanding of what makes a good Earned Value Management System (EVMS) and why it is important to be as concerned about the system as it is about the data.

We build up your knowledge over three webinars, here in this first webinar presented on Tuesday 29 September 2020, started with why a “good” Earned Value Management System (EVMS) and associated baseline is required to support valid Earned Value Analysis (EVA). The sub-heading for this webinar is: Obsessing about SPI & CPI is pointless without first knowing that the project is under control. Along the way, we debunked a number of EVM myths.

It should be noted that within the proposed three hour duration of the webinars, this only achieved an awareness level of the scope and complexity of an effective EVMS. It is highly likely that, for some attendees, this left them with more questions than answers. However, that was the intent of these webinars – to start to get people to ask themselves the difficult questions.

The series includes:

  • Tuesday 3 November - Part 2
    We will build up your knowledge over three webinars, here this second webinar will start to get into more detail of what constitutes a “good” EVMS and we will look at the most common standard used: EIA786.
  • Tuesday 24 November - Part 3
    We will build up your knowledge over three webinars, here finally in this third webinar, we will introduce the tools and techniques to provide assurance that you have an effective EVMS in place, you are actually using it effectively and you have a valid baseline.

 

Channel website: https://www.apm.org.uk/

Original article link: https://www.apm.org.uk/news/an-introduction-to-an-effective-earned-value-management-system-evms-webinar-series-part-1/

Share this article

Latest News from
Association for Project Management

NEW RESEARCH: THE CEO IN GOVERNMENT - LEADING ALBs WELL