Unlock the Secrets of Earned Value Management: A Comprehensive Guide to PMP® Success

In the competitive world of project management, it's essential to have a comprehensive understanding of earned value measurements. The Project Management Institute's (PMI®) PMP® certification recognizes professionals who possess this expertise, empowering them to make informed decisions, control project costs, and ensure successful project outcomes. To help you achieve PMP® success, we present "PMP Understand Earned Value Measurements" - a comprehensive guide that delves into the fundamentals and practical applications of earned value management (EVM).

PMP Understand Earned Value Measurements: Detailed Explanation, Examples, and 50+ solved problems

by SuperSummary

5 out of 5

Language	:	English
File size	:	2796 KB
Screen Reader	:	Supported
Print length	:	94 pages
Lending	:	Enabled

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Chapter 1: Demystifying Earned Value Management

This introductory chapter provides a solid foundation for understanding EVM. It defines key terms, explains the concepts of planned value, earned value, and actual cost, and highlights the importance of EVM in project management.

Chapter 2: The EVM Formula and Its Applications

Building upon Chapter 1, this chapter delves into the mathematical formula for calculating earned value and discusses its various applications. You'll learn how to use EVM to track project progress, identify potential risks, and forecast future performance.

Chapter 3: EVM Performance Measurement Indices

Chapter 3 introduces the three key performance measurement indices used in EVM: cost variance (CV),schedule variance (SV),and cost performance index (CPI). You'll gain a thorough understanding of how to calculate and interpret these indices to assess project performance.

Chapter 4: Analyzing EVM Data

In this chapter, you'll learn the techniques for analyzing EVM data. We'll cover trend analysis, performance reviews, and the use of graphical tools to visualize project progress and identify areas for improvement.

Chapter 5: Managing Project Scope with EVM

Chapter 5 explores the role of EVM in managing project scope. You'll learn how to use EVM to assess the progress of deliverables and identify scope creep.

Chapter 6: Controlling Project Costs with EVM

This chapter delves into the application of EVM in controlling project costs. We'll discuss how to use EVM to identify cost overruns and take corrective action.

Chapter 7: Using EVM to Prepare for PMP® Certification

In the final chapter, we provide guidance on how to utilize the knowledge gained from this book to prepare for the PMP® exam. We'll highlight key concepts, identify exam-specific tips, and offer practice questions to enhance your understanding.

"PMP Understand Earned Value Measurements" is an indispensable resource for project managers seeking to master EVM and achieve PMP® certification. Whether you're a seasoned professional or a newcomer to EVM, this comprehensive guide provides a clear and concise understanding of this essential technique. With its practical examples, insightful case studies, and exam preparation materials, this book empowers you to take your project management skills to the next level.

Free Download your copy of "PMP Understand Earned Value Measurements" today and unlock the secrets of EVM success!

PMP Understand Earned Value Measurements: Detailed Explanation, Examples, and 50+ solved problems

by SuperSummary

5 out of 5

Language	:	English
File size	:	2796 KB
Screen Reader	:	Supported
Print length	:	94 pages
Lending	:	Enabled

FREE