Back to Project Management: Control using the Earned Value and Risk
Politecnico di Milano

Project Management: Control using the Earned Value and Risk

Project Management is a fundamental theme to understand and work in any business environments. Once projects are properly planned, the job of a Project Manager is just started. Indeed, PMs need to properly control, re plan, and manage risks during the execution of the project. During the course, the Earned Value Management System – the standard and most diffused technique to properly manage time and cost in a project – is presented. In doing so, the concepts of BCWS (the time-phased budget), the BCWP (the earned value) and ACWP (the actual costs of what has been performed) are introduced along with the main indicators that help managers in taking decision on how to replan the projects according to the estimation at completion. Finally, the main approaches to identify and manage risks are introduced along with the closing phase.

Status: Cost Control
Status: Project Controls
BeginnerCourse2 hours

Featured reviews

RN

Reviewed Nov 19, 2024

The course was very informative. Especially, the presenter's way of delivery was impressive.

DF

Reviewed May 9, 2024

One of the better courses that I have studied on Coursera. The information was presented clearly and coherently. My only suggestion would be to give more real-life examples.

SA

Reviewed Nov 26, 2024

This course is useful. It covers all the important areas for the beginners in PM field.

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