Earned Value Management for Construction Projects (CM-041) Training Course

Earned Value Management for Construction Projects

Construction projects often report that they are on budget and nearly complete until, suddenly, they are neither. Earned value management provides an objective way of…

5 daysClassroom or online

49Upcoming dates

12Cities

£2,250Fees from

Course overview

Introduction

Construction projects often report that they are on budget and nearly complete until, suddenly, they are neither. Earned value management provides an objective way of integrating scope, schedule and cost so that project teams can see early whether work is being delivered as planned and forecast where the project is heading.

This Earned Value Management for Construction Projects training course shows how to apply earned value techniques to the realities of construction. Participants learn how to build a performance measurement baseline from the work breakdown structure, schedule and estimate, measure progress objectively, calculate variances and performance indices, forecast completion cost and date, and use the results to drive corrective action.

The course uses construction examples throughout, including civil, building and infrastructure projects, and addresses practical issues such as change, rework and subcontractor reporting.

Course Objectives

By the end of this training course, participants will be able to:

Explain the principles and benefits of earned value management
Build a work breakdown structure and control accounts for construction
Develop a time-phased performance measurement baseline
Measure physical progress objectively using appropriate methods
Calculate schedule and cost variances and performance indices
Forecast estimate at completion and completion dates
Manage changes and maintain baseline integrity
Report earned value results and drive corrective action

Target Audience

This training course is suitable for a wide range of professionals, including:

Project managers and construction managers
Project controls and planning engineers
Cost engineers and quantity surveyors
Project directors and sponsors
Owner's representatives and project management consultants
Contract and commercial managers

Training Methodology

The course is practical and calculation-based. Participants build a baseline for a sample construction project, measure progress from site data, calculate earned value metrics, prepare forecasts and interpret results to recommend actions. Spreadsheet templates are used to reinforce learning.

Target Competencies

Baseline development
Progress measurement
Earned value analysis
Cost and schedule forecasting
Change control
Performance reporting

Course outline

1Day One: Earned Value Fundamentals

Why traditional cost reporting can mislead
Planned value, earned value and actual cost explained
The integration of scope, schedule and cost
Earned value standards and guidelines in overview
Benefits and limitations of earned value in construction
Organisational requirements for earned value
Exercise: interpreting a simple earned value chart

2Day Two: Building the Performance Baseline

Work breakdown structures for construction projects
Control accounts and work packages
Linking the schedule and cost estimate
Time-phasing budgets and resource loading
Management reserve and contingency treatment
Baseline review and approval
Workshop: building a baseline for a sample project

3Day Three: Measuring Progress

Objective progress measurement methods
Weighted milestones, units completed and percent complete
Measuring progress on earthworks, concrete and steelwork
Subcontractor progress reporting requirements
Recording actual costs and accruals
Validating site progress claims
Exercise: calculating earned value from site data

4Day Four: Analysis and Forecasting

Cost and schedule variances and their causes
Cost and schedule performance indices
Estimate at completion and estimate to complete
To-complete performance index and its use
Earned schedule for time forecasting
Trend analysis and early warning signals
Workshop: forecasting completion cost and date

5Day Five: Change, Reporting and Corrective Action

Incorporating approved changes into the baseline
Handling rework, claims and disputed work
Earned value reporting formats for different audiences
Using results to drive recovery plans
Integrating earned value with risk management
Implementing earned value on your projects
Personal action plan for earned value management

Frequently asked questions

How long is the Earned Value Management for Construction Projects course?

The course runs over 5 days of classroom training, usually Monday to Friday.

When is the next Earned Value Management for Construction Projects course?

The next public date is 7 - 11 Dec 2026 in Barcelona. There are 49 upcoming dates in total.

Where is this course held?

Upcoming sessions run in Barcelona, Frankfurt, London, Istanbul, Kuala Lumpur, Madrid, Munich, Paris, Vienna, Amsterdam, Dubai, Geneva.

Can I take Earned Value Management for Construction Projects online?

Yes. Every date can also be joined live online in a virtual classroom with the trainer, for £1,050 per participant. Choose "Live online" in the dates table when you register.

How much does the course cost?

Fees start from £2,250 per delegate, depending on the city. Fees include tuition and course materials.

Do participants receive a certificate?

Yes. Delegates who complete the course receive a London Leadership Management Innovation certificate of completion.

Can this course be delivered in-house for our team?

Yes. LLMI can tailor and deliver this course privately for your organisation at your premises or in one of our training cities.

Course information last updated 14 November 2026.

Earned Value Management for Construction Projects

Course overview

Introduction

Course Objectives

Target Audience

Training Methodology

Target Competencies

Course outline

Dates and fees

Frequently asked questions

More Construction Management courses

Airport and Aviation Infrastructure Construction Management

Bridge Construction and Maintenance Management

Building Codes, Permits and Regulatory Approvals

Training a team?