Control and replan using Earned Value and Risk

Description

Project management is a fundamental theme to comprehend and apply in any business setting. When projects are properly planned, the job of a Project Manager only begins. Indeed, project managers must properly control, replan, and manage risks throughout the project's execution. The Earned Value Management System – the standard and most widely used technique for properly managing time and cost in a project – is presented during the course. In doing so, the concepts of BCWS (time-phased budget), BCWP (earned value), and ACWP (actual costs of what has been performed) are introduced, along with the main indicators that assist managers in making decisions on how to replan projects based on completion estimates. Finally, along with the closing phase, the main approaches to identifying and managing risks are introduced.

In this course, you will :

• Understand the key indicators for project management in a business context.
• When managing a project, use the appropriate tools to keep it under control.
• Recognize the definition of risk in a project.
• Remember the main risk approach typologies in project management.