The last date to cancel or receive a refund for your registration is: June 10, 2025

*This is a virtual course, access details will be provided in advance of training*

When it comes to cost and schedule on your construction projects, do you know where you're at and where you're going? Realizing that you're aimed at an iceberg when you're 100 meters away isn't helpful. It's so much better if you notice the iceberg when you're 10 kilometers away, so that you can do something about it.! This is part of the "construction management" that owners expect from contractors.

Earned Value Management (EVM) is a project planning and control approach which provides cost and schedule performance measurements. It compares actual accomplishment of scheduled work and associated cost against a baseline schedule and budget plan. Its benefits include projections of anticipated project schedule, and cost trends, and the ability to take timely corrective actions for undesired variances. EVM is one of the most powerful and productive concepts used in managing today's complex projects in private, commercial, and government environments.

The fundamentals of EVM will be presented in a down-to-earth, basic approach, along with hands-on exercises and examples that will allow participants to apply the concepts.

Participants will:

• Obtain basic knowledge in understanding and using an effective performance management system in managing construction projects effectively

• Detect both positive and negative trends in a timely manner

• Forecast the Projected Final Cost (Estimate at Completion) using several techniques

• Confidently and quickly make project decisions concerning scope, cost, and schedule

• Learn to avoid the project-management pitfalls by identifying and mitigating risks
  

Successful completion of this course is worth 2 Gold Seal Credits.