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Pinnacle

earned value analysis using Proteus Envision

Why Take This Course?

Master the skills to analyze cost and schedule performance, empowering you to make informed business decisions that drive program and project success. Gain insights into key earned value metrics, formulas, and trends, and understand what they reveal about your program or project's performance. Identify data errors and ensure compliance with EIA-748 by utilizing the DCMA Earned Value Compliance Metrics (DECM).

This course is designed for organizations that use Proteus Envision software as part of their Earned Value management system.

Who Will Benefit?

Anyone responsible for analyzing program performance, including Control Account Managers, Program Managers, Integrated Product Team (IPT) Leads, Program Controls/EV Analysts or Program Financial Analysts.

What Will I Learn?

  • The meaning of basic cost and schedule performance metrics, indices, and formulas, such as Cost Variance (CV), Schedule Variance (SV), CPI, and SPI
  • How to use advanced performance KPIs, such as TCPIBAC, TCPIEAC, and more
  • How to analyze trends to identify and forecast performance issues before they become critical
  • Utilize independent Estimates at Completion (iEAC) to provide perspectives into likely future performance
  • Assess data quality using DCMA Earned Value Compliance Metrics (DECM)
  • Use Proteus Envision Dashboard Apps to analyze cost and schedule performance:
    • Analyze DECM test results using the DECM Overview, DECM Details, and Breakout Reporting apps
    • Analyze performance data across projects and programs using the EVM and Schedule Performance apps
    • Analyze integrated cost and schedule metrics using the Advanced Integrated Cost and Schedule Metrics and Integrated Project Management apps
    • Generate probabilistic EACs using the EAC Probability Analysis app
Click here for a PDF version of this course description.  
Training & Education
Get more information on our course offerings.

 

Course Logistics

Duration
4 Hours
 
Delivery
Instructor-led (in-person or online)
 
Student PCs are required for hands-on participation and student exercises
 
Class Size
Up to 15 students
 
Prerequisites
Basic familiarity with Proteus Envision recommended but not required

ADDITIONAL COURSE OFFERINGS

Variance Analysis Reporting Using Empower™

Variance Analysis Reporting Using Empower

This course is designed to help CAMs analyze and understand earned value performance metrics with a goal of writing a clear, cohesive Variance Analysis Report (VAR).

Introduction to Earned Value Management (EVM)

Introduction to Earned Value Management (EVM)

During this interactive course, a member of our expert staff will introduce students to the concepts underlying Earned Value Management (EVM).

Principles of Earned Value Management (EVM) 

Principles of Earned Value Management (EVM) 

This course introduces students to the basic components of managing projects using earned value management principles.

The DCMA 14-Point Schedule Assessment

The DCMA 14-Point Schedule Assessment

This course introduces students to the DCMA 14-Point Schedule Analysis metrics, including an explanation of each of the metrics and how they apply to scheduling best practices. 

The Earned Value Management EIA 748 Validation Process

The Earned Value Management EIA 748 Validation Process

For organizations that are bidding on a contract with Earned Value Management System (EVMS) validation requirements (FAR 52.234-4, DFAR 252.234-7001, or equivalent), or that are planning to bid on such a contract in the near future, this executive-level course will help you understand the requirements for proposal submission, pre-award preparations, and the post-award validation process. 

 
Training & EduControl Account Scheduling Using Microsoft Project cation

Control Account Scheduling Using Microsoft Project 

This course introduces students to building a control account schedule in Microsoft Project or Project Online that will be part of an Integrated Master Schedule (IMS).

 

Training & Education

Integrated Master Scheduling Using Microsoft Project

This course introduces students to building an Integrated Master Schedule (IMS) in Microsoft Project that conforms to federal contract reporting standards and industry best-practices.

 

Introduction to CPM Scheduling

Introduction to CPM Scheduling

During this interactive course, a member of our expert staff will introduce students to the fundamental concepts of the Critical Path Method (CPM) scheduling technique. This course does not teach any particular software, but should be considered a prerequisite to scheduling software training.

 
Training & Education

Variance Analysis Reporting Using Proteus Envision

Designed specifically for Control Account Managers (CAMs), this course will equip you with the tools and techniques needed to master root-cause analysis and craft clear, impactful VARs.

Training & Education

Earned Value Analysis Using Empower

Master the skills to analyze cost and schedule performance, empowering you to make informed business decisions that drive program and project success.