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T-3: Earned Value Professional Certification Review Course

(2 Days, June 26-27, 2008) - PDUs: 16/CEUs: 1.6

Instructors: Kathlene M Bell EVP and Terry D McNew EVP

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This is a two-day course designed to prepare candidates for AACE’s Earned Value Professional (EVP) certification exam. Professionals attending the EVP certification review course should be fairly knowledgeable and have some project/program experience.

AACE International's newest certification program is designed to recognize the Earned Value Management Professional. The EVP certification program offers specialty credentials for the professional who wants to validate his/her skills and be designated as an EVP. Many professionals practice earned value management principles during the project life-cycle. Until now, there has been no certification effectively measuring the Earned Value Professional’s capabilities - except through real-life performance. AACE's EVP certification provides an exam and experience validation that lets industry and users identify those who are competent professionals within the EVM discipline.

Attendees who are interested in sitting for the EVP Certification exam on Saturday, June 28th may do so as a separate event. They must complete and submit the appropriate application and fees, demonstrating their eligibility.

Attendees should bring a calculator. Attendees should come prepared to work planning and scheduling exercises in a workshop format.

Skill Level: Intermediate

Who Would Benefit by Attending? This course is intended for anyone in the field of project management, project engineering, cost engineering, planning, scheduling, finance, estimating or any other project related work who is preparing to take the EVP certification.

Learning Objectives:

  • Prepare candidates for the AACE Earned Value Professional (EVP) certification exam.
  • Increase understanding of development and integration of the project scope, schedule, and cost
  • Understand the ANSI/EIA-748 principles (Intent guide for EVMS principles)
  • Apply EVMS concepts and principles to several project related problems, issues, and case studies

Course Outline:

Times Agenda / Instruction Material Covered
Day 1
08:00 AM - 08:30 AM Introductions EVP Certification Test Criteria and Test Format
08:30 AM - 09:00 AM Introduction to Earned Value Management
09:00 AM - 09:30 AM Earned Value Principles and Practices
09:30 AM - 09:45 AM Break
09:45 AM - 10:45 AM Overview of ANSI/EIA-748, Principles and Standards for Earned Value Management Systems
10:45 AM - 11:00 AM Break
11:00 AM - 12:00 PM EVMS Preplanning and Baseline Development
  • Terminology and definitions
  • Statement of Work
  • Work Breakdown Structure (WBS)
  • Organizational Breakdown Structure (OBS)
  • Responsibility Assignment Matrix (RAM)
  • Problem Session 1 (Q&A samples & discussion)
12:00 PM - 01:00 PM Lunch Break
01:00 PM - 02:00 PM EVMS Preplanning and Baseline Development (continued)
  • Schedule Development
  • Estimating
  • Time-phased Budget
  • Resource Planning
  • Determination of Earned Value Technique
02:00 PM - 02:15 PM Break
02:15 PM - 03:15 PM Problem Session 2 - Case Study dealing with Project Preplanning & Baseline Development
03:15 PM - 03:30 PM Break
03:30 PM - 04:30 PM Risk and Contingency Impacts
  • Technical
  • Schedule
  • Cost
04:30 PM - 05:00 PM Summary and Wrap-up
Day 2
08:00 AM - 08:30 AM Review of Day 1
08:30 AM - 09:15 AM Performance Metrics and Calculations
  • Metrics
  • Performance Management Indices
  • Change Management
  • Forecasting Completion
09:15 AM - 09:30 AM Break
09:30 AM - 10:45 AM Problem Session 3 – Simple Performance Metrics and Calculations
  • Sample Q&A
  • Problem Solving examples
  • Sample Case Study
10:45 AM - 11:00 AM Break
11:00 AM - 12:00 PM Performance Reporting and Analysis Techniques
  • Interpretation of graphical data
  • Interpretation of Cost Performance Report and other similar reports and data
12:00 PM - 01:00 PM Lunch Break
01:00 PM - 02:15 PM Problem Session 4 - Project Analysis Exercises
02:15 PM - 02:30 PM Break
02:30 PM - 03:30 PM Problem Session 5 - Sample Case Studies and follow-up discussions
03:30 PM - 03:45 PM Break
03:45 PM - 04:45 PM Review and Preparing for the Test


About the Instructors:
Kathlene M. Bell EVP is a Certified Earned Value Professional (EVP) with a BSBA from the University of Central Florida. She has been in the Program/Project Management field for over 22 years. Currently, she is working for the Washington Savannah River Company (WSRC) as a Principle Program Planner for the Business Integration & Planning Group. Her recent efforts at WSRC include the development and implementation of EVMS training and user support materials, site policies and procedures, as well as the development and implementation of the Washington Way Project Management Training at the Savannah River Site. She is currently a member and is serving as a Board Member for both AACE International, and the Project Management Institute (PMI), CSRA Section. She has been an instructor for several training workshops relating to Earned Value Management, conducted by the AACE CSRA Section.

Terry D. McNew, EVP is a Certified Earned Value Professional (EVP) with a BS in Engineering Design and Economic Evaluation from the University of Colorado. Terry has been employed in project controls by Bechtel for over thirty-five years. He has experience as a cost engineer, estimator, and planner/scheduler on a variety of large projects, both cost reimbursable and fixed price. Assignments have included Project Controls Manager on space projects, and on large fossil and nuclear power plants. He served overseas as the Business Manager on a defense project before coming to the Savannah River Site. Included in his twelve years at SRS have been assignments as the division Project Controls Manager for Defense Programs, the E&PD Chief Cost Engineer, and now as the Site Chief Cost Engineer and Design Services Project Controls Manager. Terry has instructed several training workshops on Earned Value Management for the AACE CSRA Section.

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