Module 5: RAM, Risk Management, EVM

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COST (Dollars)$600KActual Cost$500K$400K$300K$200K$100KPLANNED VALUEEARNED VALUEACTUAL COST1 2 3 4 5 6 7 8 9TIME (Months)22 nd Annual NARPM Training Program22 nd Annual NARPM Training Program25
So what are we looking for?Variances Schedule Variance (SV) Cost Variance (CV) Variance at Completion (VAC)Since we are concerned with Earned Value,Variances are usually calculated in Dollars(sometimes labor hours or percentages)22 nd Annual NARPM Training Program22 nd Annual NARPM Training Program26
Page 2: Topics To Be Covered Responsibility
Page 5 and 6: Project Risk ManagementWhile Projec
Page 7 and 8: Risk Management PlanningDecide how
Page 9 and 10: Risk Identification - RBSALL SOURCE
Page 12 and 13: Impact543Project Risk ManagementRis
Page 14 and 15: Project Risk ManagementRisk Respons
Page 16 and 17: Earned Value Management Methodology
Page 18 and 19: Performance MeasurementMeasure proj
Page 20 and 21: Planned Value Developed from the ba
Page 22 and 23: Earned Value A snapshot of the work
Page 24 and 25: COST (Dollars)$600KEarned Value$500
Page 28 and 29: Schedule Variance (SV) Describes th
Page 30 and 31: Cost Variance (CV) Describes the di
Page 32 and 33: Variance At Completion (VAC) Descri

Module 5: RAM, Risk Management, EVM

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