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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.
What does EVM add to project management? â¢EVM provides an objective measure of the work completed for the money spent 4 Month 1 Month 2 Month 3 Total Budget or Planned Value 100 200 150 450 $5,000 $10,000 $7,500 $22,500 Actual Hours and Costs 125 250 375 $7,500 $15,000 $22,500 Status Date Comparing budget to actuals provides no insight into the work progress.