Global Learning for Operational Leaders
Introduction
Course overview
Construction projects often report that they are on budget and nearly complete until, suddenly, they are neither. Earned value management provides an objective way of integrating scope, schedule and cost so that project teams can see early whether work is being delivered as planned and forecast where the project is heading.
This Earned Value Management for Construction Projects training course shows how to apply earned value techniques to the realities of construction. Participants learn how to build a performance measurement baseline from the work breakdown structure, schedule and estimate, measure progress objectively, calculate variances and performance indices, forecast completion cost and date, and use the results to drive corrective action.
The course uses construction examples throughout, including civil, building and infrastructure projects, and addresses practical issues such as change, rework and subcontractor reporting.