Earned Value Management (#1) for PMP Exam Prep

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  • เผยแพร่เมื่อ 1 ต.ค. 2024

ความคิดเห็น • 216

  • @fredprater5012
    @fredprater5012 3 ปีที่แล้ว +34

    Best explanation of the basic EVM I've come across! Amazing how defining PV EV and AC as people helps makes it stick.

    • @PMMasterPrep
      @PMMasterPrep  2 ปีที่แล้ว

      Amazing thank you so much!

  • @NicholasLucas-j4g
    @NicholasLucas-j4g ปีที่แล้ว +16

    I took an 8-week online college course on EVM, and this 20-minute video helped me understand it better. Damn.

    • @Marechalkev327
      @Marechalkev327 4 หลายเดือนก่อน

      I've had a few of those since starting my PMP journey.

  • @Austin-nx9vd
    @Austin-nx9vd 3 หลายเดือนก่อน +4

    I'm studying for the PMP exam and am taking Andrew Ramdayal's Udemy course (it's great, so I'm not knocking him) and I got really hung up and overwhelmed by the EVM section, so I headed to r/pmp and someone recommended this video. You are an AWESOME teacher man. This really makes it more approachable and understandable/memorable. Thank you so much for this great video.

  • @michaelalbrecht8653
    @michaelalbrecht8653 ปีที่แล้ว +1

    Great video thank you! Question....why would we measure a time related value with a money related unit of measure? I.e schedule measured in dollars? I can't quite figure this out..

  • @daljeetchandhok7248
    @daljeetchandhok7248 10 หลายเดือนก่อน +1

    Amazing tutorial very simple explaination on evm concept.. i have an interview sxhedule next week on project managent what they will ask not sure

  • @tasha9650
    @tasha9650 11 หลายเดือนก่อน +2

    I can now exhale! By far the BEST explanation on this If found. I test this weekend and Im a nervous wreck, thank you!

  • @sarahcastillo8557
    @sarahcastillo8557 4 หลายเดือนก่อน +4

    This video made more sense in 20 minutes then it did in the course I took with many examples!

  • @jamespittman6161
    @jamespittman6161 9 หลายเดือนก่อน +1

    This is what it looks like to choose a profession that compliments your ADHD.

  • @KingJack-z5w
    @KingJack-z5w 10 หลายเดือนก่อน +1

    i dont usually comment . but wow you made this really funn i understand the concept a lot more thank you soo muchhhhh

  • @esmejohnson8428
    @esmejohnson8428 10 หลายเดือนก่อน +1

    Perfect thank you for a good visual way of learning too.

  • @akalepro
    @akalepro ปีที่แล้ว +1

    This is cool, but what about EAC, ETC and TCPI?

  • @loveisallweneed4104
    @loveisallweneed4104 ปีที่แล้ว +3

    Started a new job and they want EVM reporting. Struggled to get it but this has made it easy to grasp. Thank you

  • @ladylou80
    @ladylou80 2 ปีที่แล้ว +6

    Thank you for lifting a huge weight off my shoulders, love your explanation but your energy is what resonates most, thank you Scott!

    • @PMMasterPrep
      @PMMasterPrep  2 ปีที่แล้ว +1

      You are so welcome thank you for watching

  • @umbarsaaed9208
    @umbarsaaed9208 ปีที่แล้ว +4

    OMG thank you!!! I have my PMP in 2 hours. Came for some clarity on this concept and that's exactly what I got!!!! Thank you!!!!

  • @waelalzalabani8681
    @waelalzalabani8681 9 หลายเดือนก่อน +1

    you are doing great job man, شكرا

  • @MariaJJim
    @MariaJJim 10 หลายเดือนก่อน +1

    AAAAAAAAAAAAAAAAAAAAwesome explanation! Thank you

  • @bzsaylor
    @bzsaylor 9 หลายเดือนก่อน +4

    This explanation is INSANE.

  • @josephmoeketsi7042
    @josephmoeketsi7042 9 หลายเดือนก่อน +3

    i have never understand EVM the way i do after watching this video, thank for your assistance, i will be writing tomorrow at 0900hrs, all the way from the kingdom in the sky (Lesotho)

  • @mbailey9552
    @mbailey9552 9 หลายเดือนก่อน +1

    @PmMasterPrep is hawt.

  • @immanuelharice7086
    @immanuelharice7086 2 ปีที่แล้ว +2

    Dudette makes me laugh every time.

    • @PMMasterPrep
      @PMMasterPrep  ปีที่แล้ว +1

      Thank you so much so glad you like it

  • @savithreekkrishnan7651
    @savithreekkrishnan7651 10 หลายเดือนก่อน +1

    Thankyou, Really helped 😇

  • @kapotwe1
    @kapotwe1 2 ปีที่แล้ว +3

    WOW!!!! After reading lecture notes that seemed to overcomplicated things, this was a breath of fresh air

  • @StephSholing
    @StephSholing ปีที่แล้ว +1

    Awesome!! Thank you

  • @engineermthimkhulu
    @engineermthimkhulu 9 หลายเดือนก่อน +1

    Hey Scott, great video, informative and entertaining at the same time. 😂 S/O to you, I'm watching from South Africa

  • @thomasflewellyn4848
    @thomasflewellyn4848 9 หลายเดือนก่อน +1

    Rockin!!! Thank you!!!

  • @bhavnajain912
    @bhavnajain912 ปีที่แล้ว +1

    besttttttt explanation!!

  • @ashleyallen8917
    @ashleyallen8917 ปีที่แล้ว +2

    Very helpful! After being in the field long enough, I looked for ways to simplify this concept for my peeps to promote communication & understanding of each others' objective so they quit frickin bickering.
    This video is awesome and even if they didn't watch the whole thing; I can DEFINITELY tell even the first part made a difference. Thank you very much.

  • @agandulao
    @agandulao ปีที่แล้ว +1

    Best EVM explanation ever; A+++++ Thank You!!!!

  • @pavitmaharaj3894
    @pavitmaharaj3894 ปีที่แล้ว +1

    Yo Scott! This video is awesome! The visualization helps incredibly and thanks again.

  • @glorydo
    @glorydo 11 หลายเดือนก่อน +1

    Good job. It helped

  • @ivystutorial
    @ivystutorial ปีที่แล้ว +1

    I didn't see the video on time 😭

  • @AndreaMartinez-qu5dp
    @AndreaMartinez-qu5dp 8 หลายเดือนก่อน +1

    Best video I've seen about EVM, thank you! Subscribed.

  • @yaaxarr8977
    @yaaxarr8977 4 หลายเดือนก่อน

    Man!!! you nailed with this explanition... thank you so much!!! I will use it this way cuz I understood everything. You rock !!!

  • @soniarosario2068
    @soniarosario2068 2 ปีที่แล้ว +2

    So helpful, the explanation, your energy, and support. Thank you.

  • @prevalencemaphosa1415
    @prevalencemaphosa1415 9 หลายเดือนก่อน +1

    This is brilliant

  • @wallflowercam
    @wallflowercam 10 หลายเดือนก่อน +1

    You are a life saver

  • @terileventhal9309
    @terileventhal9309 11 หลายเดือนก่อน +1

    The best video 😅

  • @blissluminosity
    @blissluminosity 8 หลายเดือนก่อน +1

    Lucid, down-to-earth and energetic explanation that’s helping me get through this swampy section of the material.
    Also, you had me at “terriblicity” 😂
    Cheers for the free valuable content, brother!

  • @dustinkorynta9489
    @dustinkorynta9489 7 หลายเดือนก่อน

    This was great! Really easy way to understand EVM. Thank you! Subscribed!

  • @RachelCousin-g7p
    @RachelCousin-g7p 9 หลายเดือนก่อน +1

    Thank you!

  • @BalesengTau
    @BalesengTau 8 หลายเดือนก่อน +1

    i love the stick project managers. they made it easy for me to understand Earned Value concept. thanks

  • @unitedkingdomoffiveeyes9765
    @unitedkingdomoffiveeyes9765 4 หลายเดือนก่อน

    This is kicking my ars I'm soking up most of the PM knowledge SLOWLY, but the cost and budget parts are 🤯. I'm just not a numbers guy. However, this is easier to process.

  • @surajmaurya25
    @surajmaurya25 ปีที่แล้ว +1

    Amazing 👏

  • @DoDo0326
    @DoDo0326 ปีที่แล้ว +1

    Amazing way of teaching!! Thank you

  • @AlexinOslo
    @AlexinOslo ปีที่แล้ว

    You should make an NFT collection with those stick figures. You could become a billionaire.

  • @malsalihi1938
    @malsalihi1938 9 หลายเดือนก่อน

    Can you help me solve this problem:For a particular project, it is an estimated that Hey 20,000 linear feet, four way, concrete in case duck-bank is to be installed. The budgeted production crew rate is 8 hrs per 300 LF and a cost of $250 per 100 LF. During a reporting period, 60% of the duckbank has been installed in 300 crew hours have been expended at a cost of $30,000.
    What is the schedule variance? I get SV=0. Is that correct?

  • @Itsme_1648
    @Itsme_1648 9 หลายเดือนก่อน +1

    Super helpful! Wow, thanks for your explanation and ENERGY!!

  • @BobbyEricksonEntertainer
    @BobbyEricksonEntertainer 4 หลายเดือนก่อน

    This is great! Thank you for explaining this! I feel 100% confident on this topic after this video - awesome!

  • @johnmunro3198
    @johnmunro3198 ปีที่แล้ว +3

    This the most helpful and simple explanation of EVM I have heard yet, thanks Scott!

  • @gauravg5089
    @gauravg5089 10 หลายเดือนก่อน +1

    Superb

  • @yellewwossenmoghes1643
    @yellewwossenmoghes1643 6 หลายเดือนก่อน

    This is a very good description of EVM. It helped me visualize and understand the process better. Thank you.

  • @anandknair2377
    @anandknair2377 วันที่ผ่านมา

    Scott dude, this is awesome, thanks a ton, helped me understand this concept in 20mins!

  • @remikaable
    @remikaable หลายเดือนก่อน

    Great job to make things simple, easy and made me understand with clarity. ❤❤❤

  • @amralhourani808
    @amralhourani808 ปีที่แล้ว +1

    It is wonderful way to put EVM

  • @antoinehindeleh15
    @antoinehindeleh15 ปีที่แล้ว +1

    Wonderful explanation. You are very energetic and make things easily understandable! I applied for a a position and the manager told me if I know anything about EVM...AhUmmm. He told me to google to get a good understanding. Being a very good person in performing the job, has to be illustrated by understanding what the managers are looking at, as you mentioned from cost and time point of view. Thanks again!

  • @HardlyMe
    @HardlyMe 3 หลายเดือนก่อน

    Very simplified and makes it easy to understand.. Thank you for the illustration! Scott you really make it easy

  • @joemonmampallil
    @joemonmampallil ปีที่แล้ว

    Simply explained, very Helpful tips. Thank you

  • @syedadeel1563
    @syedadeel1563 8 หลายเดือนก่อน

    Do you have a PMI SP prep series? I have gone through a hundred videos, this is the first one that hasn’t bored me to sleep. Very informative and so well done.
    Please tell me you can help with PMI SP

  • @GianfrancoLoCurto
    @GianfrancoLoCurto 9 หลายเดือนก่อน +1

    Scott, you're awesome! I bouught your PMP® Certification 2023: Exam Flashcards and I love it. It took me a litlle bit to understand your teaching method, but once I understood it, I had a great time. I believe this video is the best ever to explain in simple terms a difficult topic as only the EVM can be. Congratulations Scott, I will continue to follow you. Keep it up!

  • @kristygriffiths1792
    @kristygriffiths1792 11 หลายเดือนก่อน +1

    Best video on EVM I've seen....And I've seen a lot recently! PMP coming up and this has help loads.

  • @elettraarazatah5999
    @elettraarazatah5999 7 หลายเดือนก่อน

    amazing video, and not even just for the greatly explained conteunt but also for the mindset in learning it promotes. Amazing

  • @NataliaPecheniuk
    @NataliaPecheniuk ปีที่แล้ว +1

    An awesome approach to explaining this topic!

  • @arshjotsingh8954
    @arshjotsingh8954 5 หลายเดือนก่อน

    Wow! just wow! Crystal clear explaination.

  • @andrearecheta7469
    @andrearecheta7469 หลายเดือนก่อน

    Hey Scott - this really helped me out! Thank you so much and will be back to watch more!

  • @kristievanengelen
    @kristievanengelen 10 หลายเดือนก่อน +1

    This is the best EVM explanation I have come across and wish I had come across it sooner! Thank you for making learning fun!!!

  • @smitgee
    @smitgee 4 หลายเดือนก่อน

    how to understand project metrics such as cost and schedule quantitatively

  • @ritasackeykaydea1736
    @ritasackeykaydea1736 ปีที่แล้ว +1

    Thank you so much for this video. Have been so stressed trying to understand this for the exam. unfortunately it wasn't explained well in my training but you have nailed it. thanks

    • @tasha9650
      @tasha9650 11 หลายเดือนก่อน

      How did you do? I test this week & I'm nervous 😢

  • @benplattrachellenewman886
    @benplattrachellenewman886 10 หลายเดือนก่อน +1

    Fantastic breakdown of EVM. Love the energy and enthusiasm!

  • @johnscott3104
    @johnscott3104 ปีที่แล้ว +1

    Makes it much easier to understand! Test is tomorrow!! (1/28/23)!!

  • @o0Dr0o
    @o0Dr0o 7 หลายเดือนก่อน

    impressive, I feel bad already about the money I paid for another course that is really terrible ! ( even though popular)

  • @tiac7707
    @tiac7707 3 ปีที่แล้ว +3

    Breath of fresh air - awesome visulization and training!!! Can't wait for the next one. Im trying to memorize them all and see the formula breakdown - this is outstanding!!!

    • @PMMasterPrep
      @PMMasterPrep  3 ปีที่แล้ว

      The most important aspect is to understand the material if you understand it you do not have to memorize it

  • @Mari_arabadzhyi
    @Mari_arabadzhyi 9 หลายเดือนก่อน

    Really helpful! Encourages to look through the other videos as well!

  • @CatherineSteyn-vp1ku
    @CatherineSteyn-vp1ku 5 หลายเดือนก่อน

    Thanks Scott, great explanation! :-)

  • @heather3301971
    @heather3301971 9 หลายเดือนก่อน +1

    Speaking for somebody with immense, ADHD, and anxiety of taking tests this visualization is very helpful, especially when I’m trying to learn way too many pneumonics

  • @quocle176
    @quocle176 ปีที่แล้ว +1

    Thank you Scott! I'm starting to learn EVM and your video helped a lot!

  • @ChandaMcGinnis
    @ChandaMcGinnis 4 หลายเดือนก่อน

    You did a great job explaining this. Thank you

  • @danieltucker2010
    @danieltucker2010 ปีที่แล้ว +1

    Great video! I'm going to start using your videos for instruction instead of the videos my teachers advise to watch.

  • @AMAN1AC28
    @AMAN1AC28 ปีที่แล้ว +1

    By far the best explanation of the formulas that I've seen! Thanks for the awesome video!

  • @conbon78
    @conbon78 6 หลายเดือนก่อน

    Super helpful - I actually get it now. Thank you!

  • @johannafritz4255
    @johannafritz4255 5 หลายเดือนก่อน

    Dude, way to kill it! This is way better, more meaningful, and easier than trying to remember a sheet of formulas. I have your audiobook of the PMP flashcards. Prepping for my CAPM in mid May. Great job! Check out his books.

  • @JackLandry-xm8gu
    @JackLandry-xm8gu ปีที่แล้ว +2

    First time i've had an expanation that made it clear and the equations easily stuck in my head! outstanding video

  • @sheylicarsalazar1177
    @sheylicarsalazar1177 หลายเดือนก่อน

    Amazing explanation!!!! Thanks

  • @mgibb828
    @mgibb828 6 หลายเดือนก่อน

    Hey thanks for putting his out. Appreciate it.

  • @vincechaik2701
    @vincechaik2701 ปีที่แล้ว +1

    Great Explanation dude. Much Appreciated

  • @seyiadeniji-se9bs
    @seyiadeniji-se9bs 5 หลายเดือนก่อน

    EVM: what have you earned from your money spent

  • @neilwm
    @neilwm 2 ปีที่แล้ว +2

    Hey Scott, great video. This was super helpful. I really appreciate how you break down these concepts into simpler terms.

    • @PMMasterPrep
      @PMMasterPrep  2 ปีที่แล้ว

      Thank you so much Neil glad you enjoyed it! We can help you more send us an email scott@pmmasterprep.com

  • @linneamcleod6449
    @linneamcleod6449 2 ปีที่แล้ว +2

    So much easier than trying to remember formulas! Makes way more sense now!

    • @PMMasterPrep
      @PMMasterPrep  2 ปีที่แล้ว +1

      Yes say NO to memorization and say YES to leaning and understanding the material. I can help you ace every EVM question even if you are bad at math reachout to me at scott@pmmasterprep.com

  • @Rose-re9tn
    @Rose-re9tn 4 หลายเดือนก่อน

    Great explanation! Thank you!

  • @vinny111000
    @vinny111000 3 หลายเดือนก่อน

    This is very good and helpful!

  • @glamorouskaybee
    @glamorouskaybee 6 หลายเดือนก่อน

    This break down has made me understand emv!!!

  • @aileenmccluskey6579
    @aileenmccluskey6579 2 ปีที่แล้ว +1

    This was really helpful. I finally understand this!

  • @eugenekavanagh218
    @eugenekavanagh218 7 หลายเดือนก่อน

    Excellent presentation Scott.👏👏👏

  • @lheventtrainingyoutube8958
    @lheventtrainingyoutube8958 ปีที่แล้ว +1

    I love this and share it with everyone I know studying for the test.

  • @tayyabghori1351
    @tayyabghori1351 6 หลายเดือนก่อน +1

    Scott you are a wild machine

  • @shonellamorgan3860
    @shonellamorgan3860 ปีที่แล้ว +1

    You teach with all of your heart 💖 I was able to understand.

  • @mhow7024
    @mhow7024 10 หลายเดือนก่อน

    Electric Vehicle Manufacturing

  • @sandrasun1234
    @sandrasun1234 ปีที่แล้ว +1

    I'll remember Mr., Ms and Mrs for sure!! Thank you

  • @khadgabisht6043
    @khadgabisht6043 8 หลายเดือนก่อน

    amazing way to explain EVM

  • @russellbradleigh3393
    @russellbradleigh3393 ปีที่แล้ว +1

    Good Intro for "what is EVM" and good energy

  • @twizai
    @twizai ปีที่แล้ว +1

    better than all the videos and sites i visited ,even better than my teacher . thanks a lot man . much appreciated