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Earned Value Management

This is a blog on how Earned Value Management can produce greater productivity and growth within an organization, and how Online Earned Value Management Training helps individuals be more creative and vibrant in executing a project on time and to budget. Get a clear overview of the most effective project management approaches used by various individuals and organizations to enhance their baseline and garner high output productivity. This technique is used by managers and can be incorporated in any kind of project to produce high performance and effective decision making. Problems faced by organizations include improper or unrealistic timelines, frequent project changes, & lack of goals, this could create poor bottom lines, improper time management, and a scope creep.

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Earned Value Management

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  1. WHAT IS PROJECT MANAGEMENT? A project is an undertaking or endeavor to create a product ora service. It alsohasa fixed project scope whereinit has a beginning or ending. A project also requires resources to be accomplished, and thus contains instructions or operations that are required to achieve the goal. a specific set of A project consists of a very crucial resource, that is the workforce or a team of individuals who work on a project(s) in the same or different office(s) across multiple geographic locations. Aprojectcanbedefinedas– • Building aNewSoftware • Building Infrastructure • Learning Systems • ITCompliance • Operations • Bringing out newservices,products&more….. www.nibt.education

  2. WHAT IS PROJECT MANAGEMENT? Thus,projectmanagementcanbedefinedastheapplication of skills, knowledge, and tools to projects to achieve the saidgoals. The Project Management process falls into various groups viz. Project Initiation Project Planning Project Execution Project Monitoring & Controlling Project Closing • • • • • A project is deemed successful if it achieves all the objectives as per the requirement criteria within timescale andbudget. www.nibt.education

  3. WHAT IS PROJECT MANAGEMENT? ProjectManagementworksontencrucial areasviz. ProjectIntegration ProjectScope ProjectTime ProjectCost ProjectQuality ProjectProcurement ProjectHR ProjectCommunication andCollaboration ProjectRiskManagement Stakeholders • • • • • • • • • • www.nibt.education

  4. Planning For A Great Career in Project Management? Some Challenges faced by Individuals and Organizations • Project execution problems • Lack of advanced knowledge • Unfamiliarity with cutting edge project management technology • Hurdles in great opportunities • Lack of practical knowledge in project management • Vast differences in technical standard aspects between India and International standards www.nibt.education

  5. Benefits of PMP Certification for Project Managers HigherSalary Potential • BetterJobOpportunities • GreaterJobSecurity • EnhancedCredibility • IncreasedGlobalOpportunities • AdditionalKnowledge,Skills,Techniques,andTools • Wide Benchmark of Project Management Knowledge and Competence • Beabetteradviser • www.nibt.education

  6. Earned Value Management Virginia Tech Certification Earned Value Management (EVM) is a project management methodology that integrates scope, schedule and cost to assess how the project is performing against the project plan, also referred to as Performance Measurement Baseline (PMB). EVM measures project cost performance by comparing budgeted cost of work accomplished against its actual cost. EVM also measures project schedule performance by comparing budgeted cost of work accomplished against budgeted cost of scheduled work that should have been completed. By providing a uniform unit of measure and a consistent methodology for reporting progress, EVM provides an objective measure to assess cost and schedule project performance. www.nibt.education

  7. Career Options After Earned Value Management Business Analyst • Project Scheduler • Program Planner • Project Manager • Scheduler • Risk Manager • Project Planner • www.nibt.education

  8. Who can take this course? • Project Managers Professionals • • Planners/Schedulers Architects • • Cost Controllers Engineers • • Students www.nibt.education

  9. OUR SOLUTIONS VIRTUAL CLASSROOMS LEARNING MANAGEMENT SYSTEM CUSTOM CONTENT SOLUTIONS CLASSROOM TRAINING CORPORATE SOLUTIONS MANPOWER SOLUTIONS INSTITUTIONAL SERVICES www.nibt.education

  10. OUR MANAGEMENT VIVEK MOGAL Director VIVEK KUMAR YADAV Regional Manager CHETAN MOGAL CEO, MagnasoftBIM Mr. Vivek Kumar Yadav is passionate about building high-performance teams and enjoys being actively involved in building strategies for business growth. With a vast experience in various fields as in Cloud Technology, Project Management and Operations Management during his tenure, he has set a benchmark for the NIBT training process and business growth. A Civil Engineer by profession, active in the construction industry. He is always keen on learning new things and has a vast knowledge of the latest construction trends. Holds a Master’s Degree in Building Construction from Virginia Polytechnic University, USA. An adviser to NIBT. Active Smart Cities panel member. www.nibt.education

  11. OUR DIFFERENTIATORS THOUGHT LEADERSHIP ORGANIZED DELIVERY - Global expertise in Construction Management SCALABILITY OF DEPLOYMENT - Access to learning solutions implemented in various geographies During Operations, timely publishing of: LOCALIZED SOLUTIONS - Health Check Reports Ability to set up and deploy large scale projects in a short period of time - Dashboards : Capacity Utilization TRANSPARENCY Capability to Hire, Recruit and deploy Local resources & solutions across multi-cultural geographies - Impact on KPIs Audited body with complete transparency in all transactions www.nibt.education

  12. SUCCESS STORY • After acquiring global recognition, NIBT has gained significant traction in providing the most advanced courses for BIM, Construction Management, GIS & 2018 Photogrammetry on a global level • Today, NIBT has produced the best individuals in the fields of Construction and GIS through 2017 unlimited learning possibilities • Collaborated with Virginia Tech University to build high-end opportunities through a global curriculum & international certification 2016 • NIBT started training centers in Bengaluru, Mangaluru, & Hyderabad to create a global platform for constant technology innovation • Designed Basic Construction Management & GIS Courses 2015 • Facilitated Training & Internship programs with 100% Employment Assistance for BIM and GIS professionals in renowned MNC’s Launched as an R&D Pilot Project and later came into a full-phase institute to impart high quality education for BIM www.nibt.education

  13. ANY QUERIES For more info on our EVM course, visit our page - https://nibt.education/elearning/courses/33-earn-value-management www.nibt.education

  14. www.nibt.education

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