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And not only that, if they donât have that work experience, all they need to do to qualify for the CAPM is to have 23 hours of project management training. To apply, this would mean coursework or for-credit courses; self-study does not apply in this case.
It is an easy tool to generate early warning signals to timely detect problems or to exploit project opportunities. An overview of the EVM metrics is given in â Earned Value Management: An overview â and the formulas are summarized in â Earned Value Management: The EVM formulary â.able 1 displays the cumulative planned value of a project with a planned duration PD = 9 weeks and a budget at completion BAC = â¬ 150. The numbers are calculated in â Earned Value Management: The project baseline scheduleâs planned value â and are displayed in table 1. Table 1: Key metrics.