Event Title

PDH/CEU/FBPE Session #3 - Earned Value Management: Identifying Hidden Project Performance Issues

Location

Antigua Room

Start Date

25-5-2016 7:30 AM

End Date

25-5-2016 8:30 AM

Description

Used properly, earned value analysis (EVA) is a powerful management tool. After a brief review of EVA basics, we will apply EVA to mini-case studies and then introduce advanced application techniques to uncover hidden project performance issues much earlier in the project lifecycle.

When EVA is used only at the whole project level, it can provide false indicators of project performance and thereby delay problem identification and correction. However, by examining the CPI at the performance unit level, EVA can uncover hidden project performance issues early enough (by 20% completion) to mitigate impact to the project.

Top Three Takeaways

  • This presentation is worth 1 PDH (FBPE-eligible) and 1 PDU for PMP® and PgMP® credential renewal.
  • Participants willing to complete a short homework assignment within 10 days of the seminar will earn 4 additional PDHs/PDUs (at no additional cost).

Biographies

Mike Staley

Michael D. Staley, PE, PMP Dean of the School of Engineering, Design, & Construction, Seminole State College Doctoral Research, Center for PM Research

Michael is a licensed Professional Engineer and a certified Project Management Professional (PMP) with more than 20 years of engineering experience, including executive level project management of large-scale programs with an ENR Top 5engineering firm. He has earned a Master of Engineering and Master of Business Administration, and is currently completing a doctor of engineering degree with research focused on advancing earned value management

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May 25th, 7:30 AM May 25th, 8:30 AM

PDH/CEU/FBPE Session #3 - Earned Value Management: Identifying Hidden Project Performance Issues

Antigua Room

Used properly, earned value analysis (EVA) is a powerful management tool. After a brief review of EVA basics, we will apply EVA to mini-case studies and then introduce advanced application techniques to uncover hidden project performance issues much earlier in the project lifecycle.

When EVA is used only at the whole project level, it can provide false indicators of project performance and thereby delay problem identification and correction. However, by examining the CPI at the performance unit level, EVA can uncover hidden project performance issues early enough (by 20% completion) to mitigate impact to the project.