Project Management: Calculating Earned Value Online Courses
Understanding earned value management (EVM) is crucial for project managers who want to track project performance and make informed decisions. Online courses have become a popular way to learn about EVM, offering flexibility and convenience. This article provides a detailed overview of online courses that focus on calculating earned value, covering various aspects such as course content, duration, and pricing.
Course Content
When selecting an online course on calculating earned value, it’s essential to consider the course content. Here’s a breakdown of what you can expect from these courses:
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Introduction to earned value management: This section covers the basics of EVM, including its purpose, benefits, and key concepts.
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Understanding project performance: Learn how to measure project performance using EVM metrics such as schedule variance, cost variance, and cost performance index.
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Calculating earned value: Dive into the formulas and calculations used to determine the earned value of a project, including the percentage complete method and the completed percentage of effort method.
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Using earned value in project management: Explore how to apply EVM in real-world scenarios, such as identifying project variances, making adjustments, and communicating with stakeholders.
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Case studies and examples: Gain practical experience by analyzing case studies and real-world examples that demonstrate the application of EVM.
Course Duration
The duration of online courses on calculating earned value can vary significantly. Here’s a breakdown of the typical duration for these courses:
| Course Duration | Number of Lessons |
|---|---|
| 1-2 weeks | 5-10 lessons |
| 3-4 weeks | 10-15 lessons |
| 5-6 weeks | 15-20 lessons |
| 6-8 weeks | 20-30 lessons |
Some courses may offer self-paced learning, allowing you to complete the course at your own pace. Others may have a fixed schedule with weekly lessons and assignments.
Course Format
Online courses on calculating earned value typically offer a variety of formats to cater to different learning styles. Here are some common formats:
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Video lectures: Watch instructional videos that cover the key concepts and calculations involved in EVM.
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Reading materials: Access textbooks, articles, and case studies that provide additional information and context.
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Quizzes and exercises: Test your understanding of the material through quizzes and exercises.
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Discussion forums: Engage with fellow students and instructors in online discussion forums to ask questions and share insights.
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Assignments and projects: Complete assignments and projects to apply what you’ve learned in real-world scenarios.
Pricing
The pricing of online courses on calculating earned value can vary depending on the course provider, content, and duration. Here’s a breakdown of the typical pricing range:
| Course Provider | Course Duration | Pricing |
|---|---|---|
| Udemy | 1-2 weeks | $50 – $100 |
| LinkedIn Learning | 3-4 weeks | $29.99/month or $299.88/year |
| Project Management Institute (PMI) | 5-6 weeks | $499 |
| Coursera | 6-8 weeks | $39 – $79 per month |
