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.
Project Management: Control using the Earned Value and Risk
This course is part of Project Management: Tools, Approaches, Behavioural Skills Specialization
Taught in English
Some content may not be translated
Instructors: Daniel Trabucchi
Sponsored by University of Michigan
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What you'll learn
Understand the main indicators to control a project in a business context.
Use the right tools to control a project when managing it.
Understand the definition of risk in a project.
Remember the main typologies of risk approaches in project management.
Skills you'll gain
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Reviewed on May 9, 2024
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