Earned Value Management: Project Forecasting and Control

Keeping projects on track requires more than just tracking deadlines; it demands a precise, integrated understanding of budget, schedule, and scope. This text-based course teaches you how to use Earned Value Management (EVM) to analyze current performance, forecast future outcomes, and make data-driven project decisions. You will start by mastering foundational terminology and basic formulas before progressing to advanced variance analysis, forecasting metrics, and modern project management integrations. What you'll learn: Understand foundational EVM concepts including Planned Value (PV), Earned Value (EV), and Actual Cost (AC); Calculate critical performance metrics such as Cost Performance Index (CPI) and Schedule Performance Index (SPI); Interpret cost and schedule variances to identify project risks early; Forecast final project completion costs and timelines using Estimate at Completion (EAC) and Estimate to Complete (ETC); Apply EVM principles to modern project environments, including agile and hybrid workflows; Practice evaluating project health scenarios through comprehensive written exercises and step-by-step calculation guides. This course is designed for aspiring project managers, team leaders, and business analysts who want to build a solid foundation in project controls without any prior experience in EVM. Start reading today to take control of your project's financial and schedule health.