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Start and finish Course style
LunchCoffee and breaks
M00 - Course introduction 2/8 | 2/88
 The underpinning philosophy of EVM
 The terminology and thinking behind EVM
 The lifecycle of project using EVM
 The understand techniques used
in EVM
Main goal
 Attempt Foundation exam with confidence
 Begin to apply EVM, tailoring it to your own
projects’ needs
Secondary goal
 Benefits and value of EVM
M00 - Course introduction 3/8 | 3/88
 Please share with the class:
 Your name and surname
 Your organization
 Your profession
 Title, function, job responsibilities
 Your familiarity with the project/
programme management
 Your familiarity with the EVM
 Your personal session expectations
M00 - Course introduction 4/8 | 4/88
 Foundation Exam
 Paper based and closed book exam
 Only pencil and eraser are allowed
 Simple multiple (ABCD) choice exam
 Only one answer is correct
 50 questions, pass mark is 25 (50%)
 1 hour exam
 No negative points, no “Tricky Questions”
 No pre-requisite for Foundation exam
 Sample, one (official) mock exam is
provided to you
Candidates completing an examination in a language that
is not their mother tongue, will receive additional time
M00 - Course introduction 5/8 | 5/88
 Practitioner Exam
 Paper based and open book exam
 Reference to EVM Handbook ONLY
 Handbook is provided for students
 3 hour exam
 Complex multiple choice - Objective Test
 8 x 10 complex multiple choice questions =
80 question items/lines, pass mark 50%
(40)
 Dictionary/translation lists allowed
 Non-scientific calculator for basic
calculations
 Pre-requisite: Foundation exam
Candidates completing an examination in a language that
is not their mother tongue, will receive additional time
M00 - Course introduction 6/8 | 6/88
EVM syllabus section code and title
OV Overview
DF Definition
PL Planning
DC Data Collection
AR Analysis, Review and Action
CM Change Management
RM Risk Management
SR System Review
LE Learning from Experience
Syllabus Handbook Page
Module slide number / total module slides
Slide number /
total slides
Module number
and name
EVM
handbook page
EVM syllabus
section code
M00 - Course introduction 7/8 | 7/88
twitter.com/mirodabrowski
linkedin.com/in/miroslawdabrowski
google.com/+miroslawdabrowski
miroslaw_dabrowski
www.miroslawdabrowski.com
Mirosław Dąbrowski
Agile Coach, Trainer, Consultant
(former JEE/PHP developer, UX/UI designer, BA/SA)
Creator Writer / Translator Trainer / Coach
• Creator of 50+ mind maps from PPM and related
topics (2mln views): miroslawdabrowski.com
• Lead author of more than 50+ accredited materials
from PRINCE2, PRINCE2 Agile, MSP, MoP, P3O, ITIL,
M_o_R, MoV, PMP, Scrum, AgilePM, DSDM, CISSP,
CISA, CISM, CRISC, CGEIT, TOGAF, COBIT5 etc.
• Creator of 50+ interactive mind maps from PPM
topics: mindmeister.com/users/channel/2757050
• Product Owner of biggest Polish project
management portal: 4PM: 4pm.pl (15.000+ views
each month)
• Editorial Board Member of Official PMI Poland
Chapter magazine: “Strefa PMI”: strefapmi.pl
• Official PRINCE2 Agile, AgilePM, ASL2, BiSL methods
translator for Polish language
• English speaking, international, independent
trainer and coach from multiple domains.
• Master Lead Trainer
• 11+ years in training and coaching / 15.000+ hours
• 100+ certifications
• 5000+ people trained and coached
• 25+ trainers trained and coached
linkedin.com/in/miroslawdabrowski
Agile Coach / Scrum Master PM / IT architect Notable clients
• 8+ years of experience with Agile projects as a
Scrum Master, Product Owner and Agile Coach
• Coached 25+ teams from Agile and Scrum
• Agile Coach coaching C-level executives
• Scrum Master facilitating multiple teams
experienced with UX/UI + Dev teams
• Experience multiple Agile methods
• Author of AgilePM/DSDM Project Health Check
Questionnaire (PHCQ) audit tool
• Dozens of mobile and ecommerce projects
• IT architect experienced in IT projects with budget
above 10mln PLN and timeline of 3+ years
• Experienced with (“traditional”) projects under high
security, audit and compliance requirements based
on ISO/EIC 27001
• 25+ web portal design and development and
mobile application projects with iterative,
incremental and adaptive approach
ABB, AGH, Aiton Caldwell, Asseco, Capgemini, Deutsche Bank,
Descom, Ericsson, Ericpol, Euler Hermes, General Electric,
Glencore, HP Global Business Center, Ideo, Infovide-Matrix,
Interia, Kemira, Lufthansa Systems, Media-Satrun Group,
Ministry of Defense (Poland), Ministry of Justice (Poland),
Nokia Siemens Networks, Oracle, Orange, Polish Air Force,
Proama, Roche, Sabre Holdings, Samsung Electronics, Sescom,
Scania, Sopra Steria, Sun Microsystems, Tauron Polish Energy,
Tieto, University of Wroclaw, UBS Service Centre, Volvo IT…
miroslawdabrowski.com/about-me/clients-and-references/
Accreditations/certifications (selected): CISA, CISM, CRISC, CASP, Security+, Project+, Network+, Server+, Approved
Trainer: (MoP, MSP, PRINCE2, PRINCE2 Agile, M_o_R, MoV, P3O, ITIL Expert, RESILIA), ASL2, BiSL, Change Management,
Facilitation, Managing Benefits, COBIT5, TOGAF 8/9L2, OBASHI, CAPM, PSM I, SDC, SMC, ESMC, SPOC, AEC, DSDM Atern,
DSDM Agile Professional, DSDM Agile Trainer-Coach, AgilePM, OCUP Advanced, SCWCD, SCBCD, SCDJWS, SCMAD, ZCE 5.0,
ZCE 5.3, MCT, MCP, MCITP, MCSE-S, MCSA-S, MCS, MCSA, ISTQB, IQBBA, REQB, CIW Web Design / Web Development /
Web Security Professional, Playing Lean Facilitator, DISC D3 Consultant, SDI Facilitator, Certified Trainer Apollo 13 ITSM
Simulation …
M00 - Course introduction 8/8 | 8/88
1. Introduction to Earned Value Management
2. EVM process
3. Planning
4. Data collection
5. Analysis review and action
6. Change management
7. Risk management
8. System review
M01 - Introduction to Earned Value Management 2/11 | 10/88
 Comprises:
 Definition and authorisation of scope of work
 Development of a baseline against which cost,
schedule and technical performance can be measured
 Objective performance measurement
 Variance analysis and corrective action reporting
 Disciplined and timely incorporation of baseline changes
©APM2013.ReproducedunderlicencefromAPM.
9
“a project control process based on a structured
approach to planning, cost collection and performance
measurement. It facilitates the integration of project
scope, time and cost objectives and the establishment of
a baseline plan for performance measurement”
APM Body of Knowledge 6th edition
M01 - Introduction to Earned Value Management 3/11 | 11/88
 Helps management by:
 Enabling an objective measure of project status
 Providing basis for estimating final cost
 Predicting when the project will be complete
 Supporting effective management of resources
 Providing a means of managing and controlling change
 Also provides
 Verifiable status reports
 Clear objective analysis
 Considered reasoning
 Accountability in the decision-making process
 Awareness of impact on the schedule and cost
 Visibility of results
©APM2013.ReproducedunderlicencefromAPM.
9M01 - Introduction to Earned Value Management 4/11 | 12/88
Small
Short
L----o----n----g
M01 - Introduction to Earned Value Management 5/11 | 13/88
Time/Schedule
Cost/Budget Quality
Scope
WBS OBS
Baselined Plan
Performance measurement and analysis
Controlled
Change
M01 - Introduction to Earned Value Management 6/11 | 14/88
BCWS (baseline)
(Budgeted Cost of Work
Scheduled)
Planned Value
(PV)
The approved budget for the work scheduled to
be completed by a specified date; also referred to
as the budgeted cost of work scheduled (BCWS).
ACWP (earned value)
(Actual Cost of Work
Performed)
Actual Cost
(AC)
The costs actually incurred for the work
completed by the specified date; also referred to
as the actual cost of work performed(ACWP).
BCWP
(Budgeted Cost of Work
Performed)
Earned Value
(EV)
The approved budget for the work actually
completed by the specified date; also referred to
as the budgeted cost of work performed (BCWP).
EAC
(Estimate at Completion)
Your estimate today of the total cost of the task.
ETC
(Estimate to complete)
Your estimate of the amount of funds required to
complete all work still remaining to be done on
the task.
13M01 - Introduction to Earned Value Management 7/11 | 15/88
©APM2013.ReproducedunderlicencefromAPM.
11
Planned budget (BCWS)
(baseline)
M01 - Introduction to Earned Value Management 8/11 | 16/88
Time
‘now’
Actual Cost
(ACWP)
©APM2013.ReproducedunderlicencefromAPM.
11
Planned budget (BCWS)
(baseline)
M01 - Introduction to Earned Value Management 9/11 | 17/88
Earned value
(BCWP)
©APM2013.ReproducedunderlicencefromAPM.
12
Actual Cost
(ACWP)
Planned budget (BCWS)
(baseline)
Time
‘now’
M01 - Introduction to Earned Value Management 10/11 | 18/88
M01 - Introduction to Earned Value Management 11/11 | 19/88
1. Introduction to Earned Value Management
2. EVM process
3. Planning
4. Data collection
5. Analysis review and action
6. Change management
7. Risk management
8. System review
M02 - EVM process 2/14 | 21/88
1. Definition
of scope
6. Risk Management
5. Change
Management
2. Planning
4. Analysis,
review, action
3. Data
Collection
M02 - EVM process 3/14 | 22/88
M02 - EVM process 4/14 | 23/88
 Concerned with:
 Defining the work to be done – WBS
 Assigning work to parts of the project organisation – OBS
 Aligning and combining the WBS and OBS – RAM
 Key activities:
 Review the project requirements and establish key deliverables
 Develop a Work Breakdown Structure (WBS)
 Develop an Organisation Breakdown Structure (OBS)
 Generate a Responsibility Assignment Matrix (RAM), identifying
control accounts
 Produce a Work Breakdown Structure Dictionary (WBSD) down to
work packages and planning packages
 Determine and agree flowdown of EVM into subcontracts
©APM2013.ReproducedunderlicencefromAPM.
M02 - EVM process 5/14 | 24/88
 Statement of Works (SoW)
 A narrative description of products or services to be delivered by
the project
 Defines the project scope
 Includes:
 Overall requirements
 Deliverables
 Forms the basis for allocating:
 Work
 Budget
 Schedule
©APM2013.ReproducedunderlicencefromAPM.
M02 - EVM process 6/14 | 25/88
Project
Scope
Component
2.1
High-level
work
element 2
Component
2.2
Component
1.1
High-level
work
element 1
Component
1.2
M02 - EVM process 7/14 | 26/88
 Purpose
 Describe the entire scope of the work to be undertaken by the
project
 For each element of the WBS, should contain
 Contract number
 WBS number and title
 WBSD issue number and date
 Contract paragraph number
 Statement of work
©APM2013.ReproducedunderlicencefromAPM.
M02 - EVM process 8/14 | 27/88
Project
Organisation
Team
Manager 2.1
Function/De
partment 2
Team
Manager 2.2
Team
Manager 1.1
Function/De
partment 1
Team
Manager 1.2
M02 - EVM process 9/14 | 28/88
Control
Account
Control
Account
Control
Account
Control
Account
Project
Organisation
Team
Manager
2.1
Function/Dep
artment 2
Team
Manager
2.2
Team
Manager
1.1
Function/Dep
artment 1
Team
Manager
1.2
Project
Scope
Component
2.1
High-level
work
element 2
Component
2.2
Component
1.1
High-level
work
element 1
Component
1.2
Work Breakdown
Structure (WBS)
Organisation
Breakdown
Structure
(OBS)
Statement of Work (SoW)
A narrative description of products
or services to be delivered by the
project
Responsibility Assignment Matrix (RAM)
©APM2013.ReproducedunderlicencefromAPM.
41M02 - EVM process 10/14 | 29/88
 Requirements for EVM need to be reflected in any
subcontracts
 Subcontractors plans should be represented within the
project plans/schedules
 Decision needs to be taken about the level of detail to
incorporate in the project plans/schedules
 Not too much detail
 Not insufficient detail
©APM2013.ReproducedunderlicencefromAPM.
M02 - EVM process 11/14 | 30/88
M02 - EVM process 12/14 | 31/88
M02 - EVM process 13/14 | 32/88
I hope you enjoyed
this presentation. If so,
please like, share and
leave a comment
below.
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Earned Value Management - Foundation

  • 2. Start and finish Course style LunchCoffee and breaks M00 - Course introduction 2/8 | 2/88
  • 3.  The underpinning philosophy of EVM  The terminology and thinking behind EVM  The lifecycle of project using EVM  The understand techniques used in EVM Main goal  Attempt Foundation exam with confidence  Begin to apply EVM, tailoring it to your own projects’ needs Secondary goal  Benefits and value of EVM M00 - Course introduction 3/8 | 3/88
  • 4.  Please share with the class:  Your name and surname  Your organization  Your profession  Title, function, job responsibilities  Your familiarity with the project/ programme management  Your familiarity with the EVM  Your personal session expectations M00 - Course introduction 4/8 | 4/88
  • 5.  Foundation Exam  Paper based and closed book exam  Only pencil and eraser are allowed  Simple multiple (ABCD) choice exam  Only one answer is correct  50 questions, pass mark is 25 (50%)  1 hour exam  No negative points, no “Tricky Questions”  No pre-requisite for Foundation exam  Sample, one (official) mock exam is provided to you Candidates completing an examination in a language that is not their mother tongue, will receive additional time M00 - Course introduction 5/8 | 5/88
  • 6.  Practitioner Exam  Paper based and open book exam  Reference to EVM Handbook ONLY  Handbook is provided for students  3 hour exam  Complex multiple choice - Objective Test  8 x 10 complex multiple choice questions = 80 question items/lines, pass mark 50% (40)  Dictionary/translation lists allowed  Non-scientific calculator for basic calculations  Pre-requisite: Foundation exam Candidates completing an examination in a language that is not their mother tongue, will receive additional time M00 - Course introduction 6/8 | 6/88
  • 7. EVM syllabus section code and title OV Overview DF Definition PL Planning DC Data Collection AR Analysis, Review and Action CM Change Management RM Risk Management SR System Review LE Learning from Experience Syllabus Handbook Page Module slide number / total module slides Slide number / total slides Module number and name EVM handbook page EVM syllabus section code M00 - Course introduction 7/8 | 7/88
  • 8. twitter.com/mirodabrowski linkedin.com/in/miroslawdabrowski google.com/+miroslawdabrowski miroslaw_dabrowski www.miroslawdabrowski.com Mirosław Dąbrowski Agile Coach, Trainer, Consultant (former JEE/PHP developer, UX/UI designer, BA/SA) Creator Writer / Translator Trainer / Coach • Creator of 50+ mind maps from PPM and related topics (2mln views): miroslawdabrowski.com • Lead author of more than 50+ accredited materials from PRINCE2, PRINCE2 Agile, MSP, MoP, P3O, ITIL, M_o_R, MoV, PMP, Scrum, AgilePM, DSDM, CISSP, CISA, CISM, CRISC, CGEIT, TOGAF, COBIT5 etc. • Creator of 50+ interactive mind maps from PPM topics: mindmeister.com/users/channel/2757050 • Product Owner of biggest Polish project management portal: 4PM: 4pm.pl (15.000+ views each month) • Editorial Board Member of Official PMI Poland Chapter magazine: “Strefa PMI”: strefapmi.pl • Official PRINCE2 Agile, AgilePM, ASL2, BiSL methods translator for Polish language • English speaking, international, independent trainer and coach from multiple domains. • Master Lead Trainer • 11+ years in training and coaching / 15.000+ hours • 100+ certifications • 5000+ people trained and coached • 25+ trainers trained and coached linkedin.com/in/miroslawdabrowski Agile Coach / Scrum Master PM / IT architect Notable clients • 8+ years of experience with Agile projects as a Scrum Master, Product Owner and Agile Coach • Coached 25+ teams from Agile and Scrum • Agile Coach coaching C-level executives • Scrum Master facilitating multiple teams experienced with UX/UI + Dev teams • Experience multiple Agile methods • Author of AgilePM/DSDM Project Health Check Questionnaire (PHCQ) audit tool • Dozens of mobile and ecommerce projects • IT architect experienced in IT projects with budget above 10mln PLN and timeline of 3+ years • Experienced with (“traditional”) projects under high security, audit and compliance requirements based on ISO/EIC 27001 • 25+ web portal design and development and mobile application projects with iterative, incremental and adaptive approach ABB, AGH, Aiton Caldwell, Asseco, Capgemini, Deutsche Bank, Descom, Ericsson, Ericpol, Euler Hermes, General Electric, Glencore, HP Global Business Center, Ideo, Infovide-Matrix, Interia, Kemira, Lufthansa Systems, Media-Satrun Group, Ministry of Defense (Poland), Ministry of Justice (Poland), Nokia Siemens Networks, Oracle, Orange, Polish Air Force, Proama, Roche, Sabre Holdings, Samsung Electronics, Sescom, Scania, Sopra Steria, Sun Microsystems, Tauron Polish Energy, Tieto, University of Wroclaw, UBS Service Centre, Volvo IT… miroslawdabrowski.com/about-me/clients-and-references/ Accreditations/certifications (selected): CISA, CISM, CRISC, CASP, Security+, Project+, Network+, Server+, Approved Trainer: (MoP, MSP, PRINCE2, PRINCE2 Agile, M_o_R, MoV, P3O, ITIL Expert, RESILIA), ASL2, BiSL, Change Management, Facilitation, Managing Benefits, COBIT5, TOGAF 8/9L2, OBASHI, CAPM, PSM I, SDC, SMC, ESMC, SPOC, AEC, DSDM Atern, DSDM Agile Professional, DSDM Agile Trainer-Coach, AgilePM, OCUP Advanced, SCWCD, SCBCD, SCDJWS, SCMAD, ZCE 5.0, ZCE 5.3, MCT, MCP, MCITP, MCSE-S, MCSA-S, MCS, MCSA, ISTQB, IQBBA, REQB, CIW Web Design / Web Development / Web Security Professional, Playing Lean Facilitator, DISC D3 Consultant, SDI Facilitator, Certified Trainer Apollo 13 ITSM Simulation … M00 - Course introduction 8/8 | 8/88
  • 9.
  • 10. 1. Introduction to Earned Value Management 2. EVM process 3. Planning 4. Data collection 5. Analysis review and action 6. Change management 7. Risk management 8. System review M01 - Introduction to Earned Value Management 2/11 | 10/88
  • 11.  Comprises:  Definition and authorisation of scope of work  Development of a baseline against which cost, schedule and technical performance can be measured  Objective performance measurement  Variance analysis and corrective action reporting  Disciplined and timely incorporation of baseline changes ©APM2013.ReproducedunderlicencefromAPM. 9 “a project control process based on a structured approach to planning, cost collection and performance measurement. It facilitates the integration of project scope, time and cost objectives and the establishment of a baseline plan for performance measurement” APM Body of Knowledge 6th edition M01 - Introduction to Earned Value Management 3/11 | 11/88
  • 12.  Helps management by:  Enabling an objective measure of project status  Providing basis for estimating final cost  Predicting when the project will be complete  Supporting effective management of resources  Providing a means of managing and controlling change  Also provides  Verifiable status reports  Clear objective analysis  Considered reasoning  Accountability in the decision-making process  Awareness of impact on the schedule and cost  Visibility of results ©APM2013.ReproducedunderlicencefromAPM. 9M01 - Introduction to Earned Value Management 4/11 | 12/88
  • 13. Small Short L----o----n----g M01 - Introduction to Earned Value Management 5/11 | 13/88
  • 14. Time/Schedule Cost/Budget Quality Scope WBS OBS Baselined Plan Performance measurement and analysis Controlled Change M01 - Introduction to Earned Value Management 6/11 | 14/88
  • 15. BCWS (baseline) (Budgeted Cost of Work Scheduled) Planned Value (PV) The approved budget for the work scheduled to be completed by a specified date; also referred to as the budgeted cost of work scheduled (BCWS). ACWP (earned value) (Actual Cost of Work Performed) Actual Cost (AC) The costs actually incurred for the work completed by the specified date; also referred to as the actual cost of work performed(ACWP). BCWP (Budgeted Cost of Work Performed) Earned Value (EV) The approved budget for the work actually completed by the specified date; also referred to as the budgeted cost of work performed (BCWP). EAC (Estimate at Completion) Your estimate today of the total cost of the task. ETC (Estimate to complete) Your estimate of the amount of funds required to complete all work still remaining to be done on the task. 13M01 - Introduction to Earned Value Management 7/11 | 15/88
  • 16. ©APM2013.ReproducedunderlicencefromAPM. 11 Planned budget (BCWS) (baseline) M01 - Introduction to Earned Value Management 8/11 | 16/88
  • 17. Time ‘now’ Actual Cost (ACWP) ©APM2013.ReproducedunderlicencefromAPM. 11 Planned budget (BCWS) (baseline) M01 - Introduction to Earned Value Management 9/11 | 17/88
  • 18. Earned value (BCWP) ©APM2013.ReproducedunderlicencefromAPM. 12 Actual Cost (ACWP) Planned budget (BCWS) (baseline) Time ‘now’ M01 - Introduction to Earned Value Management 10/11 | 18/88
  • 19. M01 - Introduction to Earned Value Management 11/11 | 19/88
  • 20.
  • 21. 1. Introduction to Earned Value Management 2. EVM process 3. Planning 4. Data collection 5. Analysis review and action 6. Change management 7. Risk management 8. System review M02 - EVM process 2/14 | 21/88
  • 22. 1. Definition of scope 6. Risk Management 5. Change Management 2. Planning 4. Analysis, review, action 3. Data Collection M02 - EVM process 3/14 | 22/88
  • 23. M02 - EVM process 4/14 | 23/88
  • 24.  Concerned with:  Defining the work to be done – WBS  Assigning work to parts of the project organisation – OBS  Aligning and combining the WBS and OBS – RAM  Key activities:  Review the project requirements and establish key deliverables  Develop a Work Breakdown Structure (WBS)  Develop an Organisation Breakdown Structure (OBS)  Generate a Responsibility Assignment Matrix (RAM), identifying control accounts  Produce a Work Breakdown Structure Dictionary (WBSD) down to work packages and planning packages  Determine and agree flowdown of EVM into subcontracts ©APM2013.ReproducedunderlicencefromAPM. M02 - EVM process 5/14 | 24/88
  • 25.  Statement of Works (SoW)  A narrative description of products or services to be delivered by the project  Defines the project scope  Includes:  Overall requirements  Deliverables  Forms the basis for allocating:  Work  Budget  Schedule ©APM2013.ReproducedunderlicencefromAPM. M02 - EVM process 6/14 | 25/88
  • 27.  Purpose  Describe the entire scope of the work to be undertaken by the project  For each element of the WBS, should contain  Contract number  WBS number and title  WBSD issue number and date  Contract paragraph number  Statement of work ©APM2013.ReproducedunderlicencefromAPM. M02 - EVM process 8/14 | 27/88
  • 28. Project Organisation Team Manager 2.1 Function/De partment 2 Team Manager 2.2 Team Manager 1.1 Function/De partment 1 Team Manager 1.2 M02 - EVM process 9/14 | 28/88
  • 29. Control Account Control Account Control Account Control Account Project Organisation Team Manager 2.1 Function/Dep artment 2 Team Manager 2.2 Team Manager 1.1 Function/Dep artment 1 Team Manager 1.2 Project Scope Component 2.1 High-level work element 2 Component 2.2 Component 1.1 High-level work element 1 Component 1.2 Work Breakdown Structure (WBS) Organisation Breakdown Structure (OBS) Statement of Work (SoW) A narrative description of products or services to be delivered by the project Responsibility Assignment Matrix (RAM) ©APM2013.ReproducedunderlicencefromAPM. 41M02 - EVM process 10/14 | 29/88
  • 30.  Requirements for EVM need to be reflected in any subcontracts  Subcontractors plans should be represented within the project plans/schedules  Decision needs to be taken about the level of detail to incorporate in the project plans/schedules  Not too much detail  Not insufficient detail ©APM2013.ReproducedunderlicencefromAPM. M02 - EVM process 11/14 | 30/88
  • 31. M02 - EVM process 12/14 | 31/88
  • 32. M02 - EVM process 13/14 | 32/88
  • 33. I hope you enjoyed this presentation. If so, please like, share and leave a comment below. Endorsements on LinkedIn are also highly appreciated!  (your feedback = more free stuff)  MIROSLAWDABROWSKI.COM/downloads