How This Seminar Works
	1. This live seminar consists of two 90-minute, high quality conference calls combined with your choice of printed or Internet-posted slides. 2. The day before the seminar, you will be emailed a toll-free telephone number to access the audio portion of the live seminar session. The seminar's slides will be attached to the email as a PDF file, and a Website link will be provided so you can view the slides on the Internet if you prefer. Phone calls originating from outside of the USA and Canada will be a toll call billed to you by your telephone service provider. 3. A few minutes before the seminar is to begin, you will call the toll-free phone number to access the audio portion of the seminar. You can follow the visual portion of the presentation by using the printed PDF files or by viewing the Internet-posted slides on your computer screen. 4. A professional moderator will manage the seminar teleconference and there will be ample opportunity to ask questions. All participants will hear both the question and the instructor's response. After the seminar is over, further questions can be directed to the instructor via email.

Earned Value Management ("EVM") methods are one of the best and most useful means to manage any project, large or small.

If you want to do business with the U.S. Federal Government, you will be required to establish EVM methods in your project management and control systems. Otherwise you won’t get the federal contract or you will fail the government’s EVM compliance audit.

EVM methods implement true integrated cost and schedule techniques and provide early, continuous, and accurate forecasting of how your project will perform in both cost and scheduled measures. If you are unfamiliar with these techniques and want to learn them quickly, this introductory class is for you. Click Here to Register

What You will Learn (Session #1 from 1:00 pm to 2:30 pm)

	What Earned Value Management is and its concepts and terminology.

	Where Earned Value Management came from and why it is mandated by the U.S. federal government for almost all projects.

	What is so special about Earned Value Management and how does it apply Work Breakdown Structure (WBS) and Organizational Breakdown?

	What is the concept of “earned value” and different methods of calculating “earned”.

	What are the EVM data points and how you calculate: BCWS (PV), BCWP (EV) and ACWP (AC).

	How to calculate EVM variances and Performance Indices.
	How to effectively integrate cost and schedule data, and how to produce integrated performance reports.
	How to use EVM to predict future project performance.
	Earned Value Management Systems and the ANSI/EIA compliance criteria.
	What the features of the ANSI/EIA compliance criteria are, and a review of compliance systems.
	Practical suggestions and ideas for implementing and using EVM methods.

What You Will Learn (Session #2 from 3:00 pm to 4:30 pm)

The second session of this class will take you step-by-step through a real project example using these techniques. You will walk through the weekly reporting cycles and see how the techniques reveal where the project is headed and what happens as the project is executed. You will see both numerical and graphical data and how these elements work together in a simple workbook based on a real project with typical real project issues. You will also be introduced to the five basic standard reports mandated by the US Federal government and learn how to generate the data needed to complete them.

	Learn how to setup a simple workbook based earned value report.
	See how a project looks in the workbook as time passes and data is reported.
	Understand what you can observe in the EVM data points.
	Learn how to read the graphical data.
	See how to Read the tabular data.
	Understand how to complete and read the 5 standard Contract Performance Reports.
	Receive ideas for how to require EVM in your own procurements.

Your Instructor

Keith Custer, PE has over 30 years of consulting and management experience and is an expert in project management and the use of integrated cost and schedule techniques. Mr. Custer is an Electrical Engineer and has been involved in project management ranging from Nuclear Power electrical systems and controls, office telephony systems, international voice and data communications systems, computers systems, custom software development, and major package software applications like Financials, CIS, HR, CRM, MMIS, PMO, and ERP. His experience spans a wide range of industries including electric power, insurance, financial, retail, manufacturing, health care, and customer service. Mr. Custer has served as CIO, Program Manager, Project Officer, and Project Cost and Schedule Manager for companies such as Bechtel, SWEC, Oracle, Keane, IMRglobal, and Marriott as well as Utilities such as FPL, NUSCO, MPL, Centerior, TECO, PECO, PPL, PSEG, SMUD, and GSU.

Who Should Attend this Seminar

These classes will benefit procurement managers, technology managers, engineering managers, and construction managers who want to learn the value of using EVM techniques to manage their projects and procurements. The classes will be of great benefit to all C-level managers who may be contemplating government supply contracts that require EVM methods and need to understand these techniques and how they can be implemented. Subjects addressed will benefit any Project Manager trying to use the best possible methods to analyze project performance and accurately predict project outcomes.

Why Choose PGS?

PGS seminars are known for their clear explanations and in-depth content. Register for a PGS program today, and team up with the leader in electric power and energy education. Join over 5,000 energy and financial professionals who have already attended one or more of PGS's proven courses. View Past Seminar Attendees

Prerequisites

This fundamental level, group live seminar has no prerequisites. No advance preparation is required before the seminar.

Registration Fee