# Project Management Practical Exercises

Project+ 2017    |    Intermediate
• 10 videos | 1h 11s
• Includes Assessment
Rating 4.5 of 531 users (531)
To be effective and successful, it's important to remain up-to-date with project management practices. Gain experience using practical exercises, including earned value management, communication channels, and make or buy analysis.

## WHAT YOU WILL LEARN

• Calculate the planned value and earned value, given the budget, % of time passed, and % of work completed Calculate the schedule variance and schedule performance index, given the earned value and planned value Calculate the cost variance and cost performance index, given the earned value and actual costs Determine project performance, given a set of raw data points Utilize work performance data to determine project performance
• Determine the estimate at completion, using the formulas for scenarios 1 and 2 Recognize how the choice of eac formula depends on the project situation Use a control chart to determine when a process is out of control Calculate the number of communication channels, given the number of members on a team Perform a make or buy analysis and determine the breakeven point

## IN THIS COURSE

• In this video, you will learn how to calculate the planned value and earned value, given the budget, percentage of time passed, and percentage of work completed.
• To calculate the schedule variance and schedule performance index, you will need the earned value and planned value.
• 3.  Cost Variance and Cost Performance Index
In this video, you will learn how to calculate the cost variance and cost performance index, given the earned value and actual costs.
• 4.  Project Performance
Learn how you can determine project performance from a set of raw data points.
• 5.  Project Performance, Scenario #2
In this video, learn how to use work performance data to determine project performance.
• 6.  Estimate at Completion, Scenarios 1 and 2
To find the estimate at completion, use the formulas for scenarios 1 and 2.
• 7.  Estimate at Completion, Scenarios 3 and 4
After completing this video, you will be able to recognize how the choice of EAC formula depends on the project situation.
• 8.  Control Charts
Learn how to use a control chart to determine when a process is out of control.
• 9.  Communication Channels
During this video, you will learn how to calculate the number of communication channels given the number of members on a team.
• 10.  Make or Buy Analysis
Find out how to perform a make-or-buy analysis and determine the break-even point.

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