EVM Training

Master Project Management with Earned Value Training

Embark on a journey to elevate your project management skills with our comprehensive Earned Value Training. This specialized training is meticulously designed to empower organizations and professionals to navigate through the intricate path of project management with precision and expertise.

Unlock the Power of Key Project Metrics

Delve into the core of project management by mastering the pivotal metrics such as Earned Value (EV), Planned Value (PV), and Actual Cost (AC). Our Earned Value Training ensures you gain in-depth knowledge and practical skills to utilize these metrics effectively, enabling you to keep your projects on track, within budget, and adhering to schedules.

Ensure Successful Project Execution with Informed Decisions

Learn how to gauge the health of your projects by deriving insightful data from key calculations and metrics. Our training equips you with the capability to make data-driven, informed decisions that pave the way for successful project execution, even amidst challenges and changing project landscapes.

Equip Your Team with Essential Project Management Skills

With a focus on both theoretical knowledge and practical application, our Earned Value Training is tailored to equip your project teams with the essential skills and knowledge to monitor, control, and steer projects effectively towards their goals while ensuring optimal resource utilization.

Deliver Value While Staying on Budget and Schedule

Immerse yourself in a learning experience that ensures you not only deliver projects that provide value but also ensures that they are executed within the stipulated budget and time frames. Navigate through the complexities of project management and ensure every project you handle is a testament to efficiency and effectiveness.

Enroll Now for a Future in Successful Project Management

Secure your spot in our Earned Value Training and embark on a path to becoming a proficient project manager. Enhance your career, boost your team’s productivity, and ensure every project you manage is executed successfully, adhering to all its planned parameters. Enroll now and steer your projects towards assured success!

EVM Contract Performance – Schedule Variance

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Project managers always have to juggle multiple projects, and keeping on top of contract performance is one of their most important tasks. Deviation from the agreed-upon schedule can have major implications for the project as a whole. This video describes how to calculate Schedule Variance using a real-world example.

Schedule Variance may be calculated as part of a Variance Analysis Report or while monitoring an existing contract’s performance.

More EVMS Training

If you liked this video you can purchase the entire course below. This video is an excerpt from the Department of Defense (DOD) version of this eLearning module. We also offer the same EVM training course customized for the Department of Energy’s (DOE) specific Earned Value Management (EVM) implementation/requirements, as well as a version of the course customized for NASA’s EVM implementation/requirements.  

— Purchase the DOD Course —
EVMS DOD Virtual Learning Lab

— Purchase the DOE Version of this Course —
EVMS DOE Virtual Learning Lab

— Purchase the NASA Version of this Course —
EVMS NASA Virtual Learning Lab

EVMS Document Matrix

EVMS Document Matrix

Not sure what the different requirements are between the DOE and NASA? Can’t remember if Cost and Software Data Reporting (CSDR) is required for an NSA contract? Check out our easy to read Earned Value Management Systems Document Matrix

All Online Courses

EVMS courses are available online, making it easy for you to get the education and training you need without having to leave your home or office. Plus, our instructors are experienced professionals who will help you learn everything you need to know about EVMS.

We have a wide range of courses available, from introductory level to more advanced subjects. You can find the perfect course for your needs and start learning today.

Our online EVMS courses are affordable and convenient, so you can get the education you need without any hassle. Plus, our courses are designed to help you learn everything you need to know about EVMS in a short amount of time.

Get started today and find the perfect online EVMS course for you.

All Online Courses Available from Humphreys & Associates

Upcoming Public EVMS Workshops

EVM training sessions are offered throughout the year by H&A. EVMS, advanced Earned Value Management techniques, and project scheduling are all covered during these frequent public EVM workshops. These earned value education courses are ideal for anybody wanting to increase their understanding of or application of EVMS or scheduling. Our training programs are suited for individuals with various degrees.

Public EVMS Workshops are offered either in person or online. View our Upcoming EVM Workshop Schedule to find one that best suits your schedule and location.

Upcoming Earned Value Training Public Workshops

EVM Contract Performance – Schedule Variance Read Post »

EVMS Guidelines 2 – Five Sections of Organizational Guidelines

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Video Contents

The EVMS Guidelines are Grouped in five major categories which address these five sections:

0:12 – Organization
0:32 – Planning, Scheduling, and Budgeting
0:46 – Accounting Considerations
0:56 – Analysis and Management Reports
1:15 – Revisions and Data Maintenance

More EVMS Training

If you liked this video you can purchase the entire course below. This video is an excerpt from the Department of Defense (DOD) version of this eLearning module. We also offer the same course customized for the Department of Energy’s (DOE) specific Earned Value Management (EVM) implementation/requirements, as well as a version of the course customized for NASA’s EVM implementation/requirements.  

— Purchase This Course —
EVMS DOD Virtual Learning Lab

— Purchase the DOE Version of this Course —
EVMS DOE Virtual Learning Lab

— Purchase the NASA Version of this Course —
EVMS NASA Virtual Learning Lab

EVMS Document Matrix

EVMS Document Matrix

Not sure what the different requirements are between the DOE and NASA? Can’t remember if Cost and Software Data Reporting (CSDR) is required for an NSA contract? Check out our easy to read Earned Value Management Systems Document Matrix

All Online Courses

All Online Courses Available from Humphreys & Associates

Earned Value Training

EVMS Guidelines 2 – Five Sections of Organizational Guidelines Read Post »

EVMS Guidelines and Required Elements

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Video Contents

This video reviews the data points that an Earned Value Management System provides and how variances can be calculated from those data points.  Timely analysis of performance data and variances assists contractors to proactively resolve issues and effectively manage the remaining work on a project.

You can use the links below to jump to a specific part of the video.

Earned Value Contractors’ Internal Systems must be able to provide the following:
00:06 – Budgeted Cost for Work Scheduled (BCWS)
00:26 – Budgeted Cost for Work Performed (BCWP)
00:38 – Actual Cost of Work Performed (ACWP)
00:47 – Buget At Completion (BAC)
00:52 – Estimate At Completion (EAC)

Variances can be calculated using the BCWS, BCWP, ACWP, BAC and EAC.
00:58 – Variances Explanations
01:03 – Schedule Variance (SV)
01:19 – Cost Variance (CV)
01:31 – Variance at Completion (VAC)
01:45 – Why do we calculate Variances?


01:54 – EAC and BAC Comparison
2:06 – What does Variance at Completion (VAC) indicate?
2:18 – Structure your Earned Value Management System so that Variances can be traced to their source.
2:32 – Use your existing project management systems.

We also have additional free resources for learning about

You can also find Earned Value Definitions as well as additional free resources for learning more about EVMS concepts like Budgeted Cost for Work Performed (BCWP), Actual Cost of Work Performed (ACWP), Buget At Completion (BAC), and Estimate At Completion (EAC) in our EVMS Education Center and in other posts on this blog.

More EVMS Training

If you liked this video you can purchase the entire course below. This video is an excerpt from the Department of Defense (DOD) version of this eLearning module. We also offer the same course customized for the Department of Energy’s (DOE) specific Earned Value Management (EVM) implementation/requirements, as well as a version of the course customized for NASA’s EVM implementation/requirements.  

— Purchase This Course —
EVMS DOD Virtual Learning Lab

— Purchase the DOE Version of this Course —
EVMS DOE Virtual Learning Lab

— Purchase the NASA Version of this Course —
EVMS NASA Virtual Learning Lab

EVMS Document Matrix

EVMS Document Matrix

Not sure what the different requirements are between the DOE and NASA? Can’t remember if Cost and Software Data Reporting (CSDR) is required for an NSA contract? Check out our easy to read Earned Value Management Systems Document Matrix

All Online Courses

All Online Courses Available from Humphreys & Associates

Earned Value Training

EVMS Guidelines and Required Elements Read Post »

EVM System And Reporting Requirements

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Video Contents

In this brief video we review the US Governments dollar thresholds for requiring the implementation of an Earned Value Management System and why Contractors may wish to implement Earned Value for a Firm Fixed Price contract, even if it is not required by the government.

You can use the links below to jump to a specific part of the video.
0:06 – Earned Value Project Dollar Thresholds
0:36 – Earned Value Scrutiny and Cancelations
0:57 – Firm Fixed Price Contracts EVMS

More EVMS Training

If you liked this video you can purchase the entire course below. This video is an excerpt from the Department of Defense (DOD) version of this eLearning module. We also offer the same course customized for the Department of Energy’s (DOE) specific Earned Value Management (EVM) implementation/requirements, as well as a version of the course customized for NASA’s EVM implementation/requirements.  

— Purchase This Course —
EVMS DOD Virtual Learning Lab

— Purchase the DOE Version of this Course —
EVMS DOE Virtual Learning Lab

— Purchase the NASA Version of this Course —
EVMS NASA Virtual Learning Lab

EVMS Document Matrix

Not sure what the different requirements are between the DOE and NASA? Can’t remember if Cost and Software Data Reporting (CSDR) is required for an NSA contract? Check out our easy to read Earned Value Management Systems Document Matrix

All Online Courses

All Online Courses Available from Humphreys & Associates

Earned Value Training

EVM System And Reporting Requirements Read Post »

Risk Analysis and Selective Controls

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This chapter looks at how risk is evaluated when developing an Earned Value Management System.

Video Contents

You can use the links below to jump to a specific part of the video.
0:00 – A Closer Look at Risk
0:25 – Risk Drives Other Concerns
0:59 – Types of Risk
1:19 – Risk Opportunities
1:38 – Risk Analysis and Selective Controls
1:54 – Balance Cost with Benefit

More EVMS Training

If you liked this video you can purchase the entire course below. This video is an excerpt from the Department of Defense (DOD) version of this eLearning module. We also offer the same course customized for the Department of Energy’s (DOE) specific Earned Value Management (EVM) implementation/requirements, as well as a version of the course customized for NASA’s EVM implementation/requirements.  

— Purchase This Course —
EVMS DOD Virtual Learning Lab

— Purchase the DOE Version of this Course —
EVMS DOE Virtual Learning Lab

— Purchase the NASA Version of this Course —
EVMS NASA Virtual Learning Lab

EVMS Document Matrix

Not sure what the different requirements are between the DOE and NASA? Can’t remember if Cost and Software Data Reporting (CSDR) is required for an NSA contract? Check out our easy to read Earned Value Management Systems Document Matrix

All Online Courses

All Online Courses Available from Humphreys & Associates

Earned Value Training

Other Posts in this Series

Risk Analysis and Selective Controls Read Post »

Benefits of Earned Value Management

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This video provides an overview of why Earned Value Management is a benefit to both the company implementing it and their customer.

Video Contents

You can use the links below to jump to a specific part of the video.
0:00 – Introduction
0:12 – EVMS Benefits to Customers
1:01 – EVMS Benefits to Companies
1:54 – Mutual Benefits of Earned Value

More EVMS Training

If you liked this video you can purchase the entire course below. This video is an excerpt from the Department of Defense (DOD) version of this eLearning module. We also offer the same course customized for the Department of Energy’s (DOE) specific Earned Value Management (EVM) implementation/requirements, as well as a version of the course customized for NASA’s EVM implementation/requirements.  

— Purchase This Course —
EVMS DOD Virtual Learning Lab

— Purchase the DOE Version of this Course —
EVMS DOE Virtual Learning Lab

— Purchase the NASA Version of this Course —
EVMS NASA Virtual Learning Lab

EVMS Document Matrix

Not sure what the different requirements are between the DOE and NASA? Can’t remember if Cost and Software Data Reporting (CSDR) is required for an NSA contract? Check out our easy to read Earned Value Management Systems Document Matrix

Earned Value Consulting

Earned value consulting is a process by which a consultant can help a company to better understand the financial implications of their projects. This understanding can then be used to make more informed decisions about whether or not to undertake a project, and also to ensure that the project is completed as efficiently as possible. The goal of earned value consulting is always to improve the bottom line for the company.

Looking to improve your company’s bottom line? Earned value consulting can help! Our experienced consultants can analyze your project costs and help you make informed decisions about whether or not to undertake a project. We’ll also help you stay on track during the project’s execution, ensuring that it stays within budget and on schedule. Contact us today to request a free consultation.

All Online Courses

All Online Courses Available from Humphreys & Associates

Earned Value Training

Other Posts in this Series

Benefits of Earned Value Management Read Post »

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