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Earned Value Professional – EVP®

Association for the Advancement of Cost Engineering (AACEI®, USA)

Planning, Scheduling & Cost

Earned Value Professional – EVP® Training Programs

Earned Value Professional – EVP®

EVP® credential holders are individuals who possess fundamental knowledge and expertise in project cost controls and earned value management.

Practitioner of Earned Value with demonstrated mastery of contract language , planning scheduling, using an integrated cost/schedule tool, proficient in monitoring project progress for performance measurement; an earned value management system (EVMS) .

Certification Body

Association for the Advancement of Cost Engineering (AACEI®, USA)

Learning Objectives

• Generating relevant reports, understanding and analyzing the information reported
• Reconciling with the accounting system for management of a project or activity;
• Managing change to the scope of work and/or any deviation, performance trend
• Change to an approved or baseline project control plan, throughout the life-cycle of a project or portfolio of projects in the public and/or private sector.
• Interpretation of the EV data/metrics and possess the skills to provide coherent, relevant communications.

Exam Contents

• Cost
• Cost Estimation
• Planning & Scheduling
• Project and Cost Control
• Project Management
• Economic Analysis
• Statistics
• Probability and Risk

Target Audience

CCP® is recommended for the below listed professionals:

• Project Cost Control Manager
• Cost Control Engineer / Cost Estimator
• Contract Manager / Administrator
• Quantity Surveyor / Estimators
• Project Manager / Engineers
• Cost Analysts
• Project Coordinators

Eligibility Criteria

• 8 years industry related experience or
• 4 years industry related experience + 4-year industry related college degree
• Adherence to AACE’s Canons of Ethics

Exam Information

• Organization
• Work Breakdown Structure (WBS)
• Organizational Breakdown Structure (OBS)
• Responsibility Assignment Matrix (RAM)
• Work Authorization (WA)
• Planning, Scheduling, and Budgeting
• Critical Path Method (CPM) Schedule
• Milestones and Deliverables
• Technical Performance Requirements
• Performance Measurement Baseline (PMB)
• Risk Assessment and Mitigation
• Control Accounts/Work Packages/Planning Packages
• Cost Elements
• Contingency and Management Reserve
• Undistributed Budget (UB) Over-Target Baseline (OTB)

• Earned Value Methods/Techniques
• Integrated Baseline Review (IBR)
• Accounting Considerations
• System Identification
• Direct Costs
• Control Accounts (CAs)
• Indirect Cost Management
• Unit and Lot Costs
• Material Planning and Control
• Analysis and Management Reports
• Progress Reporting (BCWS, BCWP, ACWP)
• Variance Reporting
• Customer Reporting/Submittals
• Risk Mitigation
• Managerial Analysis
• Estimate at Completion (EAC)
• Estimate to Complete (ETC)
• Subcontract Management
• Revisions and Data Maintenance

• 5 hours maximum
• 119 simple, multiple choice and compound, scenario questions
• 1 memo writing assignment with a given scenario and instructions for writing a response in an onscreen text box
• Closed Book

Recertification

• Recertification by Exam or Recertification by CEUs
• 12 CEUs
• 3 Yrs. Validity

Feel free to contact us for Earned Value Professional – EVP® Training Programs in UAE at info@transfedu.ae or call us at +971 58 5987386
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