CEPL 554 - Earned Value Management

Institution:

Cornell University

Subject:

Description:

In highly uncertain project environments, project managers must make sure they always know how their project is performing against reported timelines and budgets. The earned value method is a key control system that allows project managers to quickly calculate metrics that describe the work performed against expectations. This course focuses on the methods of calculating the right metrics, interpreting the data, and making adjustments to the project plan to compensate if a project is off target. Initial emphasis is placed on understanding control systems, the methodology of Earned Value Management, and the tools a project manager can use to measure project progress, including Work Breakdown Structures, network diagrams, scheduled, budgets, and Gantt charts. Who Should Take This Course This course is essential for Project Management Professionals (PMPs), project managers, and functional managers charged with leading a cross-functional or project team to success. It is appropriate for business leaders, mid-level managers, and project managers who need to learn the critical leadership skills necessary to ensure the high performance of a project team. Course Format This course contains the following modules: The Earned Value Method Control Systems Calculations and Forecasts Motivating Employees Defining and Diagnosing Motivation The Psychological Contract Managing Yourself as a Resource Designing Jobs Appropriately Helping People to Believe in Themselves Coaching and Development How People Learn Coaching and Development Benefits to Learner Learners who complete this course will be able to: Apply an earned value method for assessing degrees of project completion Create accurate forecasts to communicate time and budget required for project completion Diagnose and resolve issues of demotivation Apply best practices in coaching and development situations Certificate Information This course can be applied to the following certificates: Project Leadership Sponsoring School Cornell University's College of Engineering

Credits:

3.00

Credit Hours:

Prerequisites:

Corequisites:

Exclusions:

Level:

Instructional Type:

Lecture

Notes:

Additional Information:

Historical Version(s):

Institution Website:

www.cornell.edu

Phone Number:

(607) 255-2000

Regional Accreditation:

Middle States Association of Colleges and Schools

Calendar System:

Semester

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