Earned Value Management (EVM) is a project planning and control approach that provides cost and schedule performance measurements. It compares the actual accomplishment of scheduled work and associated costs against an integrated schedule and budget plan. Its benefits include visibility into the true progress of the project work against the budget, projections of anticipated project schedule and cost trends, and the ability to take timely corrective actions for undesired variances. EVM is considered to be one of the most powerful and productive concepts utilized in managing today’s complex projects in private, commercial, or government environments.
At the end of this conference the participants will be able to:
Obtain knowledge in understanding and using an effective performance management system in managing technical projects effectively
Manage projects using a proven, effective performance measurement technique
Work with clients to define project objectives and develop a project plan and put it into action
Make project decisions concerning scope, cost and schedule parameters faster, more effectively and more confidently
Stay on top of schedules, budgets, workloads, and human resources issues and delegate practically and fairly
Learn to avoid the pitfalls of project management by quickly identifying potential project risks and mitigate them as early as possible
Project Managers
Project Controllers
Cost Controllers
Finance Professionals
Team Leaders
Project Technical
Project Sponsors / Owners
Management Criteria versus Engineering Criteria
Evolution of the Earned Value Management (EVM) Concept
The Cost/Schedule Control System Criteria (C/SCSC)
The EVM System Criteria
Performance Measurement- An Effective EVM Technique
EVM in Project Management
Understanding the Project Work Scope
Work Breakdown Structure (WBS)
Make-or-Buy Choice
WBS and Earned Value
Understanding the Project Objective
Planning the Project
Scheduling the Project
Scheduling and Earned Value
Integrating the Project Work Scope with Cost and Schedule
Earned Value CAPs
Cost Estimates and Budgets
Management Reserves
Methods Used to Plan and Measure Earned Value
Control Account Plans (CAPs)
The Performance Measurement Baseline (PMB)
Maintaining the Baseline: Managing Changes in Scope
CAPs Performance Measurement
Presentations to Project Management
Earned Value Cost and Schedule Variances
Materials and Subcontracts in EVM
Determining Factors
Cost and Schedule Results Methodology
Management Reserve or Contingency Reserve
Estimate At Completion (EAC)
The Over Target Baseline (OTB) Process
Predicting the Project’s Time Duration
Subcontractors’ Reporting
Preparing and Interpreting the Integrated Cost/Schedule Report
Being an operations administrator and planning who does what and when within a team requires a high level of ability and is fraught with difficulties. This training program in administrative operations and coordination will offer a special chance to grasp the abilities needed for this position, from the macro to the micro. From the technical talents needed to plan and implement procedures, to the more delicate abilities of speaking clearly and confidently with others, to the leadership and management capacities to think broadly and organize.
This seminar is designed to provide practicing or potential leaders with the knowledge and skills required by the role. This leadership programme enables your leaders to critically explore the key idea that the most important function of a leader is to help their people move through the stages of team development.
This course will help you define and implement the vision you have for yourself, your team, and your organization. Working from an initial understanding of your own capabilities, motivators, and resources, it will build an action plan for moving you and those around you towards a shared perception of the future, able to respond to an ever-changing world.
The benefits of implementing an anti-bribery management framework (ABMS) based on ISO 37001 are complex: helping the organization maintain a strategic distance from or moderate the costs, dangers, and damage of inclusion in bribery, advancing believe and confidence, encouraging due perseverance and morally sound commerce dealings, etc. To pick up such benefits for your organization, you must be equipped with the information and abilities required to set, up execute, manage, keep up, and ceaselessly progress an ABMS. For that, the ISO 37001 Lead Implementer preparing course is the proper put to be. The preparing course points to supply indepth understanding of ISO 37001 necessities, as well as the finest hones and approaches utilized for the usage and subsequent support of the administration system. By going to the preparing course, you'll be able offer assistance organizations comply with anti-bribery laws, as well as build up controls within the organization that proactively contribute in combating bribery and contribute to the creation of a culture of integrity, transparency, openness, and compliance. After going to the preparing course, you'll be able take the exam. On the off chance that you pass, you'll be able apply for the “PECB Certified ISO 37001 Lead Implementer” credential. Universally recognized and IAS certify, the “ISO 37001 Lead Implementer” certificate validates your proficient capabilities and competences to actualize an ABMS in an organization based on the requirements of ISO 37001.
Introduction:
This course is designed to provide leaders and professionals with a set of transformational tools and techniques to help them maximize their own and their team’s creative potential in a strategic context. Its starting-point is self-discovery: participants will work on the inside first and then focus outwards to impact on the world of business.
Benchmarking studies on various oil refineries around the world have shown that rotating equipment accounts for more than 20% of all maintenance and inspection costs. Also, rotating equipment is often at key nodes of the process and is frequently critical to production. Therefore failure would lead to unacceptable downtime costs.