TRAINING DAY (7th October)

MTCA will deliver a one day training programme on Practical Earned Value Management before the Symposium.
 Training Outline:
  • EVM training tailored to the needs of the defence, government and commercial environment in the U.K.
  • Practical applications of project management systems that add value
  • Increase profitability through systematic project cost controls
  • State of the art project management techniques
    The one day training will be conducted by MTCA on the 7th October 2003 at RUSI, London, UK. Training will be delivered by MTCA instructors.
    • COURSE OBJECTIVE:

    The course is designed to give the participant an appreciation of the utility of Earned Value Management data in a project environment along with an understanding of the essential features of a system and how to implement it.


    		 WHO SHOULD ATTEND?
    The course is designed for individuals working in projects in the commercial and government markets who desire to learn state of the art project management techniques designed for tighter control of cost and schedule as well as increased profitability of their projects. This includes:
  • Chief Executives and Managing Directors
  • Programme, Project and Product Managers
  • Business Directors and Managers
  • Construction Managers
  • Production Managers
  • Engineering Managers
  • Financial Managers
  • Management Information Managers
  • Contract Administrators
  • Cost Estimators and Administrators
  • Schedule Analysts
  • Project Accountants
  • Audit, Strategy and Business Development Teams
  • Consultants
    • FEES
    (Payable in addition to Symposium Fee)

    Training Day (7th October)
    £400.00 + VAT (£70.00) = £470.00


    For more information, please contact symposium organisers.
    A THOROUGH ONE DAY WORKSHOP:
    • INTRODUCTION
      • A Business Case for Process Discipline: Weighing the costs and benefits of Earned Value
      • Profiling Projects & Systems: Can all types of projects use Earned Value?
      • Maturity Model Approach to System Disciplines
      • Government and International Policies on EVM
      • International Approaches to EVM
      • Earned Value Principles
    • EARNED VALUE MANAGEMENT METRICS
      • Variance Mathematics
      • Presentation methods
      • Empirical evidence on the accuracy of forecasting methodologies
      • Benchmarking EVM metrics
    • ORGANISING THE PROJECT
      • Defining the work via the Work Breakdown Structure (WBS)
      • Relating the WBS to the project scope of work
      • Control Accounts: The main driver of system costs
      • Project Manager role in identifying cost accounts
      • Cost Account Manager responsibilities
      • How to manage without "bean counting"
      • Building an effective Project Control division to minimise system costs
    • SCHEDULE PLANNING
      • "SURE FIRE" steps for successful schedule management, even on Software projects
      • Scheduling Paradigms for Software Intensive Projects
      • Integrating network schedules with EVM
      • Effective schedule management presentation techniques
      • Resource management using network schedules
    • EARNED VALUE BUDGETING
      • Learning the budgeting language from the top down
      • EV techniques for detail planning
      • Unique requirements for Software EV techniques
      • Planning the far term effort with the "rolling wave"
      • Importance of the "Baseline"
      • Relating and maintaining scope-schedule -budget
    • MANAGING THE SUPPLY CHAIN
      • Importance of definitions
      • Selecting the proper point for material measurement
      • Who manages prime material?
      • Importance of subcontract provisions for material management
      • Avoiding the typical problems of "over-control"
    • CONTROLLING PROJECT PERFORMANCE AND IDENTIFYING RISKS
      • Mathematical analysis of the data
      • Identifying data distortions
      • Minimising analysis costs
      • Estimates at completion: The key to controlling performance
      • Automated analysis methods
      • Funds management: Controlling expenditures through EVM
      • Payment by Earned Value
    • MAINTAINING THE BASELINE
      • Relating performance to project objectives
      • The budget-scope-schedule triangle
      • Creating the baseline mentality
      • Identifying scope growth through a change control system
      • Avoiding the auditing "paper mill"
      • Baseline maintenance in a fixed price environment
    • IMPLEMENTING AN EVM SYSTEM
      • A methodical step-by-step process of implementation
      • Marketing the systems
      • Does it "cost" or does it "pay"
      • Maintaining system discipline
      • Making the system work for you
      • Design a system that lasts
      • Using the system on future proposals
    ~ TRAINING DAY TIMETABLE ~
    8:30amMorning Tea and Registration
    9:30am

    		Training Course Starts

    11:00amMorning Tea
    11:30am

    		Training Course

    1:00pmLunch
    2:00pm

    		Training Course

    3:30pmAfternoon Tea
    4:00pm

    		Training Course

    5:30pmTraining Course Concludes