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Project Earned Value Analysis

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					                           MSFC Program Planning & Control Course Descriptions
                                                                       Description                                                                                     P
            Course ID                           Course Name                                                                                        Course Length
                                                                                                                                                                       r
                                                                 This course is one of the Program Planning & Control Series and will
                                                                 cover the fundamental concepts of earned value management. How
                                                                 work is planned (organized, budgeted, scheduled, earned value
                                                                 methods), and progress assessed will be covered. The importance
                                                                 and value of the Integrated Baseline Review (IBR) process will be
      1        OEVM          Overview of Earned Value Management address also. How earned value management data analysis can                          4 hours
                                                                 improve project management will also be covered. Earned value
                                                                 management data analysis for addressing ongoing problems as well as
                                                                 its usefulness for accurate forecasting of cost and schedule at
                                                                 completion of a project will be taught also.

                                                                       This course is one of the Program Planning & Control Series. XML
                                                                       Connect is a NASA In-house project earned value baseline tool
                                                                       capability. It provides a means to enter earned value data into an
                                                                       excel based spread sheet. It can then be used to establish your budget
                               In-house Project Baseline Tool (XML     baseline in wInsight. XML Connect can be used if your project does
      2         PBT                                                    not have an earned value engine. This class will focus on getting your         3 hours
                                    Connect & wInsight Web)
                                                                       data loaded into XML Connect and the steps to have it electronically
                                                                       imported into wInsight. There will be a demo and hands on training.



                                                                       This course is one of the Program Planning & Control Series.
                                                                       wInsight is the preferred tool for analyzing, sharing, consolidating, and
                                                                       reporting earned value management data. wInsight functions as a high-
                                                                       end earned value management system for engaging technical
      3         WSW              wInsight 6.3 (EVM Analysis Tool)      managers, senior managers, and program control professionals in                2 hours
                                                                       proactive project management. You will learn how to access and,
                                                                       navigate wInsight Web sort windows, reports, and charts along with
                                                                       wInsight companion self training capability. There will be a demo and
                                                                       hands on training.
                                                                       This is a course in the Program Planning & Control Series. The
                                                                       objective of the course is to provide an understanding of the concepts
                                                                       and principles of Continuous Risk management and to understand the
      4        RISKM                        Risk Management            considerations involved in planning and implementing Continuous Risk          1 1/2 hours
                                                                       Management. The class will benefit anyone requiring a greater
                                                                       understanding of the continuous risk management process.

                                                                       This course is one of the Program Planning and Control Series and is
                                                                       an overview course that provides the participants an introduction to
                                                                       the data management and configuration process performed at MSFC.
                                                                       Included in this course are data types, data management life cycle,
      5        CADM            Configuration and Data Management       data manager's responsibilities and MSFC requirements and                      4 hours
                                                                       processes. The class will benefit anyone requiring a greater
                                                                       understanding of the MSFC configuration and data management
                                                                       requirements and processes.
                                                                       Project Scheduling is one of the courses in the Program Planning &
                                                                       Control Series. This course will provide students with an overview of
                                                                       how schedules are developed, their value and use. The course will
                                                                       also familiarize participants with scheduling terminology, acronyms,
                                                                       processes, approaches and techniques. It is designed to provide
      6       PROSCH                       Project Scheduling          information on WBS correlation, task level of detail, schedule logic,          4 hours
                                                                       durations, critical path, resources and maintenance and updating of a
                                                                       schedule.Through class exercise, participants will learn how to
                                                                       calculate the project critical path. No prior scheduling experience is
                                                                       required.
                                                                       This course is one of the Program Planning & Control Series. It is an
                                                                       introduction to the fundamentals of pre- and post-award processes,
      7      CONADM                    Contract Administration         with a focus on program/project interfaces with the contracting officer.       4 hours
                                                                       The class will benefit anyone requiring a greater understanding of the
                                                                       contract administration process.
                                                                       Introduction to Work Breakdown Structure is a course in the Program
                                                                       Planning & Control Series and will provide students with an overview of
                                                                       how work breakdown structures are developed, their value and use.
                                                                       WBS types and techniques are emphasized, as well as the importance
      8         WBS                  Work Breakdown Structure          of the involvement of both technical and business personnel who                4 hours
                                                                       support the project. This class will benefit anyone requiring a greater
                                                                       understanding of the WBS process, especially support team members
                                                                       for projects that are in the formulation phase.


                                                                       This course is one of the Program Planning & Control Series. It will
                                                                       provide participants with insight into the difference between managing
                                                                       technology programs and flight hardware programs. It will discuss the
                                                                       importance of establishing an external advisory group, and the
                                                                       importance of having access to the appropriate technical skills in order
                                                                       to accurately establish initial requirements. The course will address
      9         MTP              Managing a Technology Program         Technology Readiness Level (TRL) assessment, and describe a                    4 hours
                                                                       process for establishing the degree of difficulty in advancing to higher
                                                                       TRLs. It will also address how to layout technology roadmaps, and
                                                                       implementation plans. The importance of setting appropriate
                                                                       milestones will also be discussed along with the relation of TRL
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                                                                       schedule determination.
                           MSFC Program Planning & Control Course Descriptions
                                                                         Description                                                                                       P
            Course ID                           Course Name                                                                                            Course Length
                                                                                                                                                                           r
                                                                         NASA / MSFC Budget Overview will provide participants with an
                                                                         overview of the agency's budget structure, key terminology and budget
      10       NMBO               NASA / MSFC Budget Overview            formulation process. The class will benefit anyone requiring a greater           4 hours
                                                                         understanding of the budget process.
                                                                         This course is part of the Program Planning & Control Series. It
                                                                         covers introductory overhead concepts, providing a sequence of
                                                                         instruction that is appropriate for personnel being assigned to program
                                                                         projects where contract overhead is an important element of cost.
      11         OR                   Contract Overhead Rates            Emphasis is on the overhead process, cost principles, rate                       4 hours
                                                                         development and contract pricing applications. Introduction to
                                                                         Overhead Rates lays the foundation for the study and practice of
                                                                         Intermediate Overhead Analysis.
                                                                         This course is one of the Program Planning & Control Series, it is an
                                                                         introduction to Cost Estimating & Analysis. It will provide participants
                                                                         with an overview of how cost estimates are developed, their purpose
      12        SPCE               Space Project Cost Estimating         and use. This course will familiarize participants with cost estimating          4 hours
                                                                         terminology, acronyms, processes, methods, and techniques. The
                                                                         class will benefit anyone desiring an understanding of the cost
                                                                         estimating process.
                                                                  This is one of the courses in the Program Planning & Control series.
                                                                  The course is designed to provide technical managers with information
                                                                  concerning: -Earned Value Management (EVM) concepts; -Integration
                                                                  of cost and schedule; -Means to quantatively measure the
                            Earned Value Management for Technical
      13      EVMTM                                               performance of contracts and projects; -Better independent projections                  4 hours
                                          Managers                of Estimate at Completion (EAC) costs; -And the identification of risks.
                                                                  This course is meant for technical personnel who have not taken any
                                                                  of the other EVM courses offered at MSFC.

                                                                  The Earned Value Management (EVM) Data Analysis class will cover
                                                                  EVM analysis techniques allowing the student to integrate information
                                                                  from a contractor's Cost Performance Report (CPR), schedule and
                                                                  technical performance data. Students will identify the principal cost
                                                                  and schedule drivers from available information, bearing in mind the
                                                                  technical risk aspects of the contract. Attendees will use cost,
      14       EVMDA        Earned Value Management Data Analysis technical and schedule performance information, analyze cost and                        8 hours
                                                                  schedule performance trends for all levels of the contract work
                                                                  breakdown structure. Using this information, the student will be able to
                                                                  assess the contractor's estimate at completion and develop their own
                                                                  independent estimate(s) at completion.


                                                                         This is one of the Program Planning & Control Series. The objective
                                                                         of this course is to provide a methodology for determining a schedule's
                                                                         credibility and usability for managing a project. To that end, this
                                                                         course will provide guidance in determining if a schedule is complete,
      15        SAA              Schedule Assessment & Analysis                                                                                           4 hours
                                                                         has the correct basis and structure, determine schedule validity, and
                                                                         provide guidance in schedule analysis. The course is for both
                                                                         scheduler and non-scheduler personnel.

                                                                         Managing risk is a daily challenge for project managers. This
                                                                         discussion focuses on management of schedule risk, in particular.
                                                                         The discussion will begin with reasons why this assessment is so
                                                                         beneficial. A basic flow chart will illustrate the process for conducting a
                                                                         schedule risk assessment. Various methods for collecting, calculating
                                                                         and utilizing schedule risk data will be presented. In particular, the
                                                                         Latin Hypercube Sampling and Monte Carlo methods will be compared
      16        SRAS                 Schedule Risk Assessment            and contrasted. There will be a brief discussion on "special conditions"         4 hours
                                                                         such as conditional processing and probabilistic branching.
                                                                         Interpretation of the schedule risk data will also be discussed. The
                                                                         course objective is to familiarize those in attendance with the schedule
                                                                         risk assessment process and techniques to better enable their use in
                                                                         this valuable tool in managing projects of all types and sizes.



                                    Instructors from CS40 Organization




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