Linda Nozick is Professor and Director of Civil and Environmental Engineering at Cornell University. She is co-founder and a past director of the College Program in Systems Engineering and has been the recipient of several awards, including a CAREER award from the National Science Foundation and a Presidential Early Career Award for Scientists and Engineers from President Clinton for “the development of innovative solutions to problems associated with the transportation of hazardous waste.” Dr. Nozick has authored over 60 peer-reviewed publications, many focused on transportation, the movement of hazardous materials, and the modeling of critical infrastructure systems. She has been an associate editor for Naval Research Logistics and a member of the editorial board of Transportation Research Part A. Dr. Nozick has served on two National Academy Committees to advise the U.S. Department of Energy on renewal of their infrastructure. During the 1998-1999 academic year, she was a Visiting Associate Professor in the Operations Research Department at the Naval Postgraduate School in Monterey, California. Dr. Nozick holds a B.S. in Systems Analysis and Engineering from the George Washington University and an MSE and Ph.D. in Systems Engineering from the University of Pennsylvania.
Using Earned Value Management for
Project ManagersCornell Course
Project managers need to keep things on track by keeping a close eye on the scope of and resources invested in a project. Forecasting, adjusting, and applying corrective measures during the project lifecycle are also key functions of a project manager. This set of processes and protocols that help ensure project success is called earned value management (EVM). Every project manager should have at least a working knowledge of EVM and its theoretical underpinnings.
This course is designed for project managers who seek an introduction to EVM to achieve better practical results for implementing project controls, including financial controls and schedule controls. The calculations presented here are meant for any experienced project manager, including those who are not engineers, to apply to any size project. Students in this course will be most successful if they have a foundational understanding of standard project management tools and processes including project networks, project budgets and schedules, and work breakdown structures.
You are required to have completed the following courses or have equivalent experience before taking this course:
- Organizing the Project and Its Components
- Planning and Managing Resources
- Assessing, Managing, and Mitigating Project Risk
Key Course Takeaways
- Identify strategies for computing planned cost, planned value, and earned value
- Examine strategies for conducting project meetings in a way that they serve their purpose
- Examine Schedule Performance Index and Cost Performance Index so that you can use them to your benefit
- Forecast project cost using three standard methods