Training Course:

Earned Value Management in Government

Key Methodologies Covered

Earned Value Management is currently one of the central requirements for "getting to green" on the President's Management Agenda. It is also a recently proposed Federal Acquisition Regulation requirement requiring agencies to implement EVM standards for most contracts as well as a criteria for receive a passing score on the OMB Exhibit 300. Implementing EVM across your agency's project portfolio also allows managers useful, prompt, and verifiable data for assessing achieved efficiencies. Utilize this training to help track risk, schedule, cost, and performance data for improved project results.

Training Curriculum

Day One Agenda:

9:00

Updates on the Latest Earned Value Management Mandates and Guidance
. Learn requirements for using EVM to "Get to Green" on the President's Management Agenda
. Receive updates on EVM mandates including the Federal Acquisition Regulation, Clinger-Cohen, OMB Circular A-11, and the Exhibit 300
. Explore potential OMB and agency-specific changes in policy and standards for EVMS

10:00

Earned Value Management Overview: Methodologies, Tools and Terminology
. Define roles, develop necessary skills, and identify competency gaps
. Understand potential impact of using earned value management systems (EVMS) and explore the latest project tracking tools
. Define the use of EVMS across various organizational functions and contract types

Step-by-Step Walkthrough: Developing and Using Earned Value Management Systems

1:00

Step 1 : Define and Charter the Project
. Determine project goals, strategies, objectives and scope
. Garner support and resources from project stakeholders

2:45

Step 2 : Integrate the Work and the People
. Link your Work Breakdown Structure to critical organizational structures with measurable deliverables
. Align performance objectives among stakeholders and project partners

4:00

Adjourn

Day Two Agenda:

9:00

Step 3 : Authorize the Project Plan
. Gain consensus on planned budget, cost, and performance targets
. Maintain project objectives through effective change management

10:00

Step 4 : Track and Manage Project Performance
. Learn effective techniques for tracking progress and adapting to unplanned obstacle
. Identify project milestones and apply performance-based incentives

11:00

Step 5 : Analyze and Report Project Metrics
. Measure and report project cost, schedule and performance
. Understand key techniques and project management tools to improve performance reporting

1:00

Step 6 : Controlling and Saving the Project Baseline
. Understand earned value calculation techniques and implications
. Use data from past projects to develop strategies for project improvement

2:00

Step 7 : Maintaining the Performance Baseline
. Utilize effective tools for calculating risk-adjusted ROI
. Link risk assessment to capital planning and investment management

3:00

Application Workshop: Using Earned Value in Project Management
. Develop schedule, budget and performances requirements for a project plan
. Use Earned Value analysis for strategic decision-making
. Exchange best practices in address current project challenges in a peer-to-peer solutions exchange

4:30

Adjourn

DESCRIPTIONS

Course Level: Intermediate

Format: Group-Live

Prerequisites: None

Advance Preparation: None

CPE Credits: 12.5

PDUs: 12.5

Tuition: $1095

HOW WILL YOU BENEFIT

Learn New Federal Policy
Mandating Earned Value
Management
Acquire the latest methodologies and
effective tools to comply with recently
proposed Federal Acquisition Regulation requirements for EVM

Evaluate Project and Contractor Performance
Comply with OMB standards for cost,
schedule and performance

Develop an Integrated EVM System
Develop and implement an at-a-glance
performance measurement system for
government projects

Improve Performance
Among Project Partners
Utilize Earned Value to Align Contract
and Partnership Agreements with Same Common Objectives and Measures

Plus! Learn Key Techniques to
Remain Within 10% of Planned
Cost, Schedule and Performance
Required by OMB!

GET CERTIFIED

The Performance Institute offers the only comprehensive certification programs.
The following training programs are also available:

For more information, contact Blake Zach at 703-894-0481 or [email protected]

Continuing Professional Education Accreditation
Th e Performance Institute is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing education on the National Registry of CPE Sponsors. State boards of accountancy have fi nal authority on the acceptance of individual courses for CPE credit. Complaints regarding sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Nashville, TN 37219-2417. Web site: www.nasba.org

PMI Registered Education Provider

The Performance Institute has been reviewed and approved as a provider of project management training by the Project Management Institute. As a PMI Registered Education Provider (R.E.P), The Performance Institute has agreed to abide by PMI established quality assurance criteria. "PMI" and the PMI logo are service and trademarks registered in the United States and other nations; "PMP" is a certification mark registered in the United States and other nations; "PMBOK" and "CAPM" are trademarks registered in the United States and other nations by the Project Management Institute, Inc., which is not affiliated with The Performance Institute.