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
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Project Management: Control using the Earned Value and Risk
This course is part of Project Management: Tools, Approaches, Behavioural Skills Specialization
Instructors: Daniel Trabucchi
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Beginner level
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2 hours to complete
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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
- Project Closure
- Project Performance
- Risk Mitigation
- Project Implementation
- Risk Control
- Project Accounting
- Cost Management
- Risk Management
- Project Estimation
- Project Management
- Performance Metric
- Planning
- Earned Value Management
- Forecasting
- Cost Control
- Project Controls
- Project Management Life Cycle
- Project Risk Management
- Risk Analysis
- Business Management
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Assessments
1 assignment
Taught in English
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This course is part of the Project Management: Tools, Approaches, Behavioural Skills Specialization
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Johns Hopkins University
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