Earned Value Management (EVM)

A five-minute video introducing the concept of Earned Value Management (EVM). This is an established (used since the 1980s) concept in project management that allows an improved estimation of the current cost status of a project and the anticipated completion date with current performance.

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Earned Schedule Management (ESM)

A six-minute video introducing the concept of Earned Schedule Management (ESM). This is a relatively new construct (2003) in project management that allows an improved estimation of the current schedule status of a project and the anticipated completion date with current performance.

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Explaining Monte Carlo with a Simple MS Excel Model

This eight-minute video shows the concepts and techniques of building an MS Excel-based Monte Carlo model for improving estimation of durations of projects. This video will assist in understanding the relationship between Precedence Diagramming Method (PDM), multi-point estimates, and iterative simulations like Monte Carlo.

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