Earned Value Management (EVM) is a project management technique that helps track progress and performance.
EVM is a widely used method in the construction industry, but its applications extend to other fields such as IT, engineering, and finance. It provides a framework for measuring project success by comparing actual costs and schedule performance to a planned value and schedule baseline.
By using EVM, project managers can identify areas of improvement, optimize resource allocation, and make informed decisions about project scope, schedule, and budget.
EVM is particularly useful for projects with complex schedules, multiple stakeholders, and high levels of uncertainty. It helps to mitigate risks, ensure accountability, and provide a clear picture of project performance.
Whether you're a seasoned project manager or just starting out, understanding EVM can help you deliver projects on time, within budget, and to the required quality standards.
Take the first step towards mastering EVM and improve your project management skills. Explore our Certificate in Earned Value Management course to learn more.
Benefits of studying Certificate in Earned Value Management in Project
Certificate in Earned Value Management (EVM) holds significant importance in today's market, particularly in the UK construction industry, where it is estimated that 70% of projects experience cost overruns and delays (Source: UK Construction Industry Council).
| Year |
EVM Adoption Rate |
| 2015 |
20% |
| 2018 |
40% |
| 2020 |
60% |
Learn key facts about Certificate in Earned Value Management in Project
The Certificate in Earned Value Management (CEVM) is a professional development program designed to equip project managers with the knowledge and skills necessary to effectively apply Earned Value Management (EVM) techniques in their projects.
This program is ideal for project managers, project coordinators, and other professionals involved in project planning, execution, and control.
Upon completion of the CEVM program, learners will be able to apply EVM principles and techniques to measure project performance, identify trends, and make informed decisions.
The program covers topics such as project management fundamentals, EVM concepts, EVM application, and EVM analysis and reporting.
The duration of the CEVM program is typically 4-6 weeks, with a total of 24-30 hours of instruction.
The program is delivered through a combination of online and in-person instruction, with a focus on interactive learning and hands-on practice.
The CEVM program is highly relevant to the construction, engineering, and IT industries, where EVM is widely used to manage projects and measure performance.
By completing the CEVM program, learners will gain a competitive edge in the job market and be able to apply EVM techniques to improve project outcomes and reduce costs.
The CEVM program is also aligned with industry standards and best practices, such as those set by the Project Management Institute (PMI) and the American Society of Civil Engineers (ASCE).
Overall, the CEVM program provides a comprehensive education in EVM and its application in project management, making it an essential tool for professionals looking to advance their careers in project management.
Who is Certificate in Earned Value Management in Project for?
| Earned Value Management (EVM) is a powerful tool for project managers in the UK, where 70% of projects experience cost overruns and 60% experience delays. |
| The ideal audience for a Certificate in Earned Value Management includes: |
| Project managers and coordinators in the UK construction industry, where 40% of projects are delayed due to lack of effective EVM. |
| Programme managers and directors responsible for multiple projects, where 25% of projects experience cost overruns due to inadequate EVM. |
| Project team members, including engineers, architects, and contractors, who need to understand EVM to deliver projects on time and within budget. |
| Individuals looking to upskill and reskill in EVM, with 80% of UK project managers reporting a need for EVM training to improve project outcomes. |