Project Performance Management with Earned Value and Risk

Many projects fail not because of poor planning, but because of a lack of control during the execution phase. Understanding how to measure performance against a baseline is an essential skill for any project professional. This course provides a solid foundation in project monitoring and control, teaching you how to use data-driven methods to keep projects on track and within budget. You will gain a clear understanding of the Earned Value Management System (EVMS) to identify variances early and forecast project outcomes. By the end of this course, you will be able to integrate risk management into your decision-making process and apply replanning techniques when projects deviate from their original path. What you'll learn: - Understand core project control terminology and the Earned Value Management framework - Calculate key performance indicators such as Schedule Variance and Cost Variance - Forecast project completion costs and timelines based on current performance data - Identify and assess project risks to develop proactive response strategies - Apply replanning techniques to align projects with updated business objectives - Analyze the relationship between time-phased budgets and actual work performed - Integrate modern risk assessment concepts into standard project monitoring workflows The course begins with foundational definitions of project control before moving into the specific mechanics of Earned Value and systematic risk assessment. You will progress through written explanations and scenarios designed to help you apply these concepts to real-world project challenges. This course is designed for beginners and aspiring project managers who want to move beyond basic planning into active project control. No prior experience with Earned Value or advanced project management is required. Start building the skills needed to lead projects to successful completion through effective performance management.