Earned Value Management (EVM) for Construction
Gold Seal: 2 Credits * BC Housing: 7 CPD Points
Description
Earned Value Management (EVM) is a project planning and control approach that provides cost and schedule performance measurements. It compares the actual accomplishment of scheduled work and associated costs against a baseline schedule and budget plan. Its benefits include projections of anticipated project schedule, and cost trends, and the ability to take timely corrective actions for undesired variances.
EVM is one of the most powerful and productive concepts used in managing today's complex projects in private, commercial, and government environments.
The fundamentals of EVM will be presented in a down-to-earth, basic approach, along with hands-on exercises and examples that will allow participants to apply the concepts.
Participants will:
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Obtain basic knowledge in understanding and using an effective performance management system in managing construction projects effectively.
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Detect both positive and negative trends in a timely manner.
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Forecast the Projected Final Cost (Estimate at Completion) using several techniques.
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Confidently and quickly make project decisions concerning scope, cost, and schedule.
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Learn to avoid project-management pitfalls by identifying and mitigating risks.
Delivery Method: Virtual Session - GoToTraining Platform.
Course Fee Includes: Access to the course, course materials, and a digital certificate upon completion.
This course is delivered in partnership with local and provincial construction associations across Canada. You may be participating with a group of industry peers from multiple regions.
Sharing a single registration between two or more individuals is not permitted. Please register each person that will be in attendance.
Prerequisites
There are no prerequisites for this course. Please be aware that this course shares some common course material with the Site Surveying 101 session. Participants taking both sessions may find the course material slightly repetitive.
Who Should Attend
This course would be beneficial for anyone whose work involves planning and progressing the work: project managers, project coordinators, construction managers, superintendents, general foremen, and estimators of all levels will benefit from the workshop.?This course is for owners, consultants, contractors and sub-contractors in all segments of the construction industry.
What Previous Participants Have Said
“Good format, the course was positive and I will try to implement it into my work.”
“Very knowledgeable and great examples.”
“Well put together presentation and relatable to the construction industry.”
“Phil has broad experience managing projects at various levels.”
“And a very useful course for beginner to intermediate project managers.”
Technical Requirements
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Computer or laptop
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This course will involve on-screen interaction with your instructor and classmates, reading/viewing on-screen content (slides or videos), and interacting via typing with questions or responses. For this reason, cell phones may not be adequate.
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Windows 10 or Mac iOS.
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Webcam (Mandatory)– in order to engage and collaborate, participants will be expected to have their webcams on for the duration of the class
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Microphone (Mandatory)
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Internet connection- For best results, you will want to ensure you have an internet connection with an upload/download speed of 3-5 Mbps. You can test your internet speed here. The minimum recommended speed is 1.5 Mbps, but anything below 3 Mbps may result in loss of quality or buffering. Ideally hardwired connection versus wireless for stability - connect your computer directly to your router using an ethernet cable, rather than using your home wi-fi.
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A quiet space with minimal distractions –The microphone will be engaged for interactive sessions. Please plan to be fully engaged in the class and clear your work schedule just as you would for the in-class program.
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Comfortable chair
Course Credit Information
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The course is eligible for 2 CCA Gold Seal education credits and 7 BC Housing CPD credits upon completion.
Registrants seeking BC Housing CPD credits for this course must complete all course components before a certificate showing BC Housing CPD credits earned will be issued.
Registrants seeking gold seal credits for this course will be required to complete an assessment during the course to qualify to have the gold seal credit endorsement appear on their certificate of completion.