Earned Value Management (1 of 4): Earned Value

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  • Опубликовано: 29 окт 2024

Комментарии • 114

  • @54V4
    @54V4 5 лет назад +71

    So... I basically watched your 10 min. video and understood everything very clearly Vs. 1 semester at a mediocre university from UK that charges almost 10k/yr. Great job mate, and thank you.

    • @izenbridge
      @izenbridge  5 лет назад +1

      Thanks for your kind words!!

  • @naishajoseph9497
    @naishajoseph9497 4 года назад +5

    His enthusiasm and love for teaching clearly shows. Great

    • @izenbridge
      @izenbridge  4 года назад

      Happy to know that you liked video. Keep exploring!!

  • @fo7743
    @fo7743 5 лет назад +5

    You are an incredible teacher! I almost can't believe how much you simplified Earned Value. You should win awards; everyone of your videos is immensely helpful.

    • @izenbridge
      @izenbridge  5 лет назад +1

      Thanks for kind words Faith Okolo!! All the best for your PMP® exam.

    • @fo7743
      @fo7743 5 лет назад

      @@izenbridge Thank you! I already have my PMP but I didn't have this clarity on Earned Value until I came across this video. You do an excellent job with your videos!

    • @izenbridge
      @izenbridge  4 года назад

      Happy to know that you liked the video!!

  • @humanflytube
    @humanflytube 5 лет назад +3

    Perfect teaching. He would even teach rocket science in a simplified manner. Great great job!

    • @izenbridge
      @izenbridge  5 лет назад

      Thank you !! Humanfly, for exploring our content and appreciating Saket Sir. Your valuable and detailed feedback is really important to us.
      In Continuation to it, you can explore our video on Funding Limit Reconciliation & S-Curve
      ruclips.net/video/pPDkUS-Uvvw/видео.html

    • @fo7743
      @fo7743 5 лет назад

      I know right! This guy is phenomenal. 😯😯😯

  • @factsfacts3461
    @factsfacts3461 4 года назад +2

    You have made one the most confusing topics in the PMBOK for me as easy as ABC...Great Job!

    • @izenbridge
      @izenbridge  4 года назад

      Thanks for your kind words!! Happy to know that you liked the video.

  • @gerardarmstrong7645
    @gerardarmstrong7645 5 лет назад +13

    It looked almost too simple ... until the end. The the video certainly "earned its value" ;-) Very interesting concept to learn. Thanks!

    • @izenbridge
      @izenbridge  5 лет назад

      Thank you !! Gerard, for exploring our content and appreciating it. Your valuable and detailed feedback is really important to us.
      In Continuation to it, you can explore our video as per PMBOK Guide sixth edition on "Critical Path Method"
      ruclips.net/video/eZgv1BW1lCU/видео.html

  • @faisalumar5585
    @faisalumar5585 4 года назад

    I read the PMBOK guide, the material from Project Management class that I took, created index cards, etc but just a cursory review of the video immediately digested for me what Earned Value Management Analysis means. Good Stuff !

    • @izenbridge
      @izenbridge  4 года назад

      Happy to know you like it, keep exploring.

  • @melaniek.7257
    @melaniek.7257 6 лет назад +7

    Very good explanation. Best I found so far. I finally understand what this is all about. Thank you.

  • @traficity5597
    @traficity5597 5 лет назад +1

    What an easy and excellent explanation of such a confusing topic . Keep up doing the Good Work. Thank you very much.

    • @izenbridge
      @izenbridge  5 лет назад

      Thanks Traficity for your kind words. Keep an eye on our upcoming videos, we publish them from time to time.

  • @confuseddesy5582
    @confuseddesy5582 4 года назад

    You are amazing! I spent 3 hours understanding Richa Mulchay's formula and long descriptions then watched 10min of your video. In fact, the other chapter on Network Diagram, come on! You made it look like a piece of cake. I haven't got a single wrong answer since the day I went through your video :) Thanks

    • @izenbridge
      @izenbridge  4 года назад

      Glad it was helpful! To know more iZenBridge training program, please visit - www.izenbridge.com/pmp/online-course/
      it is complete and comes with an end to end support

    • @vandnaanky
      @vandnaanky 4 года назад

      pmpwithyou.blogspot.com/2020/10/how-to-solve-pmp-evm-questions-with_15.html

  • @anishsule3283
    @anishsule3283 5 лет назад +6

    Awsome explanations done on all of your tutorial videos ..Ur a superb tutor and explains stuff in a very simplified manner..Thanks for spending your valuable time on posting your videos

    • @izenbridge
      @izenbridge  5 лет назад

      Thank you !! Anish, for exploring our content and appreciating Saket Sir. Your valuable and detailed feedback is really important to us.
      In Continuation to it, you can explore our video as per PMBOK Guide sixth edition on "Critical Path Method"
      ruclips.net/video/eZgv1BW1lCU/видео.html

  • @MuralikrishnaBR
    @MuralikrishnaBR 4 года назад

    Wow, the concepts were so complicated until I found this video. Excellent explanation

    • @izenbridge
      @izenbridge  4 года назад

      Happy to know you liked the video!! To know more Saket Training programs, please visit -
      www.izenbridge.com/landing/youtube/safe-saket-bansal/

  • @shar1akht0r
    @shar1akht0r 2 года назад

    Saket ! Amazing teacher, mentor ,educator what not. how simply you explained a big funda of Management. :).

  • @michelleclayton8461
    @michelleclayton8461 5 лет назад +9

    I like this guy... so practical. I can definitely relate

    • @izenbridge
      @izenbridge  5 лет назад

      Thank you!! Michelle for exploring and appreciating our PMP video.
      In continuation, you can explore the following PMP video on Critical Path Method
      ruclips.net/video/eZgv1BW1lCU/видео.html

  • @sargamkapoor1899
    @sargamkapoor1899 4 года назад

    Excellent explanation 👍👍 you made EVM so simple - all your videos are great - thanks

    • @izenbridge
      @izenbridge  4 года назад

      Glad you like them! To know more complete details of PMP program, please visit - www.izenbridge.com/pmp/online-course/
      It is complete and comes with an end to end support.

    • @vandnaanky
      @vandnaanky 4 года назад

      pmpwithyou.blogspot.com/2020/10/how-to-solve-pmp-evm-questions-with_15.html

  • @pearlsofwisdom101
    @pearlsofwisdom101 3 года назад

    Very nice and simple explanation. Great!!! Please keep it up.

    • @izenbridge
      @izenbridge  3 года назад

      Glad you liked it!! Keep exploring iZenBridge RUclips Channel. To know more iZenBridge PMP program, please visit - www.izenbridge.com/pmp/online-course/
      It is complete and comes with an end to end support.

  • @ig7061
    @ig7061 9 месяцев назад

    Very easy to understand! Great Job

    • @izenbridge
      @izenbridge  9 месяцев назад

      Glad to hear that!

  • @snehap2127
    @snehap2127 3 года назад

    crystal clear in simplest manner , thanks

    • @izenbridge
      @izenbridge  3 года назад

      Happy to know you found the content useful.

  • @johnakwasiappiah9240
    @johnakwasiappiah9240 2 года назад +1

    That is a great peace of work

  • @plyallstar
    @plyallstar 5 лет назад +2

    Great simple explanation. Much appreciated!

    • @izenbridge
      @izenbridge  5 лет назад

      Thank you !! Plyallstar, for exploring and liking our content
      In Continuation to it, you can explore our video on Funding Limit Reconciliation & S-Curve
      ruclips.net/video/pPDkUS-Uvvw/видео.html

  • @bilqis1317
    @bilqis1317 5 лет назад +3

    Great job! I finally cracked the EV code

    • @izenbridge
      @izenbridge  5 лет назад

      Thank you!! Bilquis, for exploring and liking our content. Good to know that our video was helpful to you. In continuation, you can also explore our video on yet another interesting topic -
      Funding Limit Reconciliation & S-Curve
      ruclips.net/video/pPDkUS-Uvvw/видео.html

  • @navi88888
    @navi88888 4 года назад

    Very clear explanation, this is the good to places after my lecture confused me

    • @izenbridge
      @izenbridge  4 года назад

      Glad it helped! To know more iZenBridge training programs, please visit -www.izenbridge.com/pmp/online-course/
      It is complete and comes with an end to end support

    • @vandnaanky
      @vandnaanky 4 года назад

      pmpwithyou.blogspot.com/2020/10/how-to-solve-pmp-evm-questions-with_15.html

  • @chinthanasachin1684
    @chinthanasachin1684 2 года назад

    A great explanation! Thanks a lot!

  • @sharmaagam1
    @sharmaagam1 3 года назад

    Very nicely explain thank you best easy explanation.

  • @KhanKhan-vm3wh
    @KhanKhan-vm3wh 3 года назад

    I really like your videos.

  • @ajk207
    @ajk207 4 года назад

    Well done. Very well explained.

    • @izenbridge
      @izenbridge  4 года назад

      Glad it was helpful! To know more about Saket training programs, please visit - www.izenbridge.com/landing/youtube/Saket-Bansal/

  • @khushbirsinghnagra7408
    @khushbirsinghnagra7408 3 года назад

    Thanks, Concept understood , Can you please share, for which purpose its used!!!

    • @izenbridge
      @izenbridge  3 года назад

      Its a Control Cost tool, so mainly used in project cost monitoring reporting. One of the important topic of PMP Exam.

  • @umangdesai8823
    @umangdesai8823 5 лет назад +1

    very well explanation for beginners

    • @izenbridge
      @izenbridge  5 лет назад

      Thank you !! Umang, for exploring and sharing your feedback with us.
      In continuation, you can also explore our video as per PMBOK Guide sixth edition on "Difference between Total Float & Free Float" -
      ruclips.net/video/n6YIXmUEoYA/видео.html

  • @vasanthi4316
    @vasanthi4316 2 года назад

    Excellent

  • @nurulatikah9970
    @nurulatikah9970 4 года назад

    great!!!! I can understand better! I earned the value of PM.thank you sirrr!!!!!

    • @izenbridge
      @izenbridge  4 года назад +1

      Glad you liked it, You can explore complete PMP program here - www.izenbridge.com/pmp/online-course/

    • @vandnaanky
      @vandnaanky 4 года назад

      pmpwithyou.blogspot.com/2020/10/how-to-solve-pmp-evm-questions-with_15.html

  • @practicallyascientist9971
    @practicallyascientist9971 4 года назад +2

    Wish i found those videos yesterday, im last minute studying for a final tomorrow morning. Pretty poor project management on my part.

    • @izenbridge
      @izenbridge  4 года назад

      All the best for your PMP exam!!

    • @eiranlowesaa686
      @eiranlowesaa686 4 года назад

      Is project management course requires lots of maths . I am from biology background so little worried about it.

  • @rizwanholo1
    @rizwanholo1 4 года назад

    Thank you for elaborating.

    • @izenbridge
      @izenbridge  4 года назад

      Glad it was helpful! To know more iZenBridge PMP program, please visit - www.izenbridge.com/pmp/online-course/
      It is complete and comes with an end to end support.

  • @Turkistanian
    @Turkistanian 4 года назад

    Thank the video was very elaborating and helpful. Thank sir.

    • @izenbridge
      @izenbridge  4 года назад

      Thanks for your kind words!! Keep watching videos.

  • @mazheribrahim7686
    @mazheribrahim7686 4 года назад

    Great explanation.
    Can I get complete series of your videos on PMBOK 6th edition.

    • @izenbridge
      @izenbridge  4 года назад

      Yes, sure!! We have a complete program which has all videos. To know more, please visit -www.izenbridge.com/pmp/online-course/
      It comes with an end to end support

    • @vandnaanky
      @vandnaanky 4 года назад

      pmpwithyou.blogspot.com/2020/10/how-to-solve-pmp-evm-questions-with_15.html

  • @eleonoreaubertdevincelles2704
    @eleonoreaubertdevincelles2704 5 лет назад +1

    happy i watched it was very clear !

    • @izenbridge
      @izenbridge  5 лет назад

      Thank you !! Aubert, for exploring and liking our content.
      In continuation, you can also explore our video as per PMBOK Guide sixth edition on "Funding Limit Reconciliation & S-Curve"
      ruclips.net/video/pPDkUS-Uvvw/видео.html

  • @mensworldrul
    @mensworldrul 5 лет назад +1

    Fantastic explanation given.. 👍

    • @izenbridge
      @izenbridge  5 лет назад

      Thank you !! Sharath, for exploring our content and appreciating Saket Sir.
      In Continuation to it, you can explore our video as per PMBOK Guide sixth edition on "Critical Path Method"
      ruclips.net/video/eZgv1BW1lCU/видео.html

  • @iamseebabhatia
    @iamseebabhatia 5 лет назад

    So when it is okay to only use eva analysis to assess the cost and schedule impact of a change during control procurement and not do an overall impact analysis which would include resourcing and quality?

    • @izenbridge
      @izenbridge  5 лет назад

      EVM is not much related to Procurement Process, it is mainly done for checking the performance of the project execution.

    • @iamseebabhatia
      @iamseebabhatia 5 лет назад

      @@izenbridge Sorry I meant EVA analysis

  • @shar1akht0r
    @shar1akht0r 2 года назад

    in a nut shell : what is the worth of work done against the planned budget ? is what earned Value.

  • @murapras0000
    @murapras0000 4 года назад

    NIce explanation.

    • @izenbridge
      @izenbridge  4 года назад

      Happy to know that you liked the video. Keep exploring the iZenBridge RUclips Channel.

  • @unitedkingdomoffiveeyes9765
    @unitedkingdomoffiveeyes9765 3 месяца назад

    Hope im not the only one but EV, costing and budgeting is kicking my arss. Im not a numbers guy

    • @izenbridge
      @izenbridge  3 месяца назад

      good news is they don;t come that much in exam now a days.

    • @unitedkingdomoffiveeyes9765
      @unitedkingdomoffiveeyes9765 3 месяца назад +1

      @izenbridge feuwwww, thank you and for your very simple educational content.

  • @sauravkumarprabhat977
    @sauravkumarprabhat977 4 года назад

    Thanks a lot sir.. Nice explanation

    • @izenbridge
      @izenbridge  4 года назад +1

      Thanks Saurav for your kind words!! Keep watching videos.

  • @SyedAli-nr3if
    @SyedAli-nr3if 5 лет назад +1

    Nice

    • @izenbridge
      @izenbridge  5 лет назад

      Thanks Syed for your kind words!!

  • @Ff-gs1kt
    @Ff-gs1kt 5 лет назад +1

    the best video

    • @izenbridge
      @izenbridge  5 лет назад

      Thank you!! Fahim for exploring and appreciating our content.
      In continuation to it, you can also explore our video on
      Funding Limit Reconciliation & S-Curve
      ruclips.net/video/pPDkUS-Uvvw/видео.html

  • @AbdulRehman-nz4rg
    @AbdulRehman-nz4rg 5 лет назад

    can somebody share the link of earned value taught by same guy...
    in which he explained the concept of EV

    • @izenbridge
      @izenbridge  5 лет назад

      Thanks!! Abdul for exploring our PMP content.
      Please find the video on Earned Value concepts as per PMBOK Guide fifth edition
      ruclips.net/video/pC1-TwwKkq8/видео.html
      We have created the videos on all the topics including EV concepts as per PMBOK Guide sixth edition. These are available with our online course. You can explore our online course
      www.izenbridge.com/pmp/online-course/

  • @rizwanholo1
    @rizwanholo1 4 года назад

    how do you figure out the true cost of the project?

    • @izenbridge
      @izenbridge  4 года назад

      Actual cost is monitored and recorded by the Project Manager.

  • @prabhatmishra8935
    @prabhatmishra8935 5 лет назад +1

    Review what you said at 7:34 to 7:39...10 machines not 100 Machines. Total machines to be installed were 50

    • @izenbridge
      @izenbridge  5 лет назад

      Thank you !! Prabhat for exploring our content. Yes, it is 10 machines and not 100 machines, we have noted this and will rectify the same.

  • @ayeshaparveen5088
    @ayeshaparveen5088 6 лет назад +2

    Isn't it 700?

  • @caomengde1645
    @caomengde1645 Год назад

    Total NONSENSE. This is just simply the project’s actual cost run rate. Taken from your definition, this is the type EARN that doesn’t have any VALUE at all. This is mumbo jumbo jargon.

    • @izenbridge
      @izenbridge  Год назад

      Thank you for sharing your view, it is needed to people who are doing PMP certification

  • @khashy87
    @khashy87 5 лет назад

    700 not 70

    • @izenbridge
      @izenbridge  5 лет назад

      Thank you!! Kash for exploring our video. Assuming that you are referring to 8:25 to 8:33 the Earned value is 7*10=70 and not 700. Please confirm you are referring to same

    • @az7725
      @az7725 5 лет назад +1

      i thought it's 700 at first too. But it should be 70. Each day you are planning to install 10 computers, and total cost per day is $100. So you can consider that as $10/computer, $10 * 10 computer/day = Total $100 per day. On day 1 , only 7 computers were installed. So that is 7 computer * $10/computer = Total $70 Earned value.