Earned Value Management Lesson 1

Part of the Drawn Out Project Management series from The Crowd Training - www.thecrowdtraining.com
This whiteboard illustration explains the earned value management per the 6th edition Project Management Body of Knowledge (PMBOK 6). When tracking projects and controlling the costs of projects, Earned Value Analysis helps a project manager and project team accomplish this.

This video draws out the basic principles of earned value EV, planned value PV, and actual costs AC. These values are used to calculate the EVA equations of schedule variance SV, cost variance CV, schedule performance index SPI, and cost performance index CPI.
This is the first of two drawn out lesson on the topic of earned value management.

Видео Earned Value Management Lesson 1 канала The Crowd Training