Oh my god this was 4 years ago . Now I understand and remember in the same time because it makes since . Thank u Aileen . Really u made it very simple .
she is the best i found and never looked for another one. but in 2022 October. i got ZERO questions on EV analysis, but you should know the basic fomulae like 4+3+1 she explained in another video. thanks Aileen for your service
Aileen... i stumbled into your videos just 2 days before my exam. I ran thru most of them and they really completed my preparation. Yesterday Feb 22nd 2022 I cleared my PMP exam! Thank u so much n may God bless u. All the best for everybody here who plan to take the Exam this year.... Regards, Tabitha - Indonesia 😇
Speechless, I thought I was ready for exam. This video really gave me a wake up call but I am glad that Aileen sent this link to all the subscribers for free. I will definitely recommend to all the PMP aspirants to make most of this 34 mins 25 seconds video. Aileen Ellis, thank you ever so much for this video. Kind regards, Khalil Rahman
So glad the video helped you. I believe that earned value management interpretation questions are actually harder for most people than the earned value math questions. Aileen
Wake up call for me too, but grateful to have found this. Aileen makes it so simple and easy to understand. I need to watch the video again and others also!
Aileen, this video is by far one of the best PMP videos I have watched. I love the way you explain the material; simple and to the point. I found your last week webinar on Stakeholder & Communication Management very useful too. Well done and thank you again!
Thank you for your kind comments. I provide free training once per week for PMP. You can sign up for my email list here: www.aileenellis.com/ Also, would you like to connect on LinkedIn as well? linkedin.com/in/projectmanagementexpertaileen
These questions could trip me up for sure. I am so glad to have this video helping us to breakdown what the questions are asking about cost or schedule and then explaining each answer helped me so. Thank you again.
I really expect that most of your earned value questions on this exam will include no math. We need to really understand earned value.... not memorize equations.
I dont mean to be so off topic but does any of you know of a way to get back into an instagram account?? I was stupid lost my login password. I would appreciate any tips you can offer me
Thanks so much for this video. It is very useful and insightful. Can you look at your answer at 10:20. I'm not sure how that is schedule and not cost. Again thanks for this good work. God bless you Aileen
Thank you Aileen this is an excellent perspective on Earned Value Analysis and thinking simplistically for no math questions. Really reading the questions and asking yourself the questions; "what are we talking about here, schedule or cost?" etc. So thank you again.
I really like how you break down the questions on whether the ask is about cost or schedule and to keep it simple, is it good or bad and to look for key words to determine ETC and the TCPI ( >1 is harder to achieve and
Aileen, thank you so very very much for making these videos. I passed my CAPM exam today - above target in all areas! This video and memorizing the outputs and TTs were most helpful for me. Thank you so very much again.
You are an amazing teacher!! I read so much on this topic to no avail. I watched your video and I feel so confident on this topic. God bless you!!! Many thanks!!!
You are so welcome! Have you considered my Online Program to help people pass the PMP Exam? www.aileenellis.com/pmp-exam-online-self-study-program-with-aileen
Taking the PMP tomorrow. Came on UA-cam for some last minute tips and tricks and came across this video. Wish I had been watching Aileen the whole time! Great video. Will be back if I don't pass LOL
Thank you for your kind comment. Comments like yours change my life. If you would like invites to free online PMP training, sign up for my email list at: www.aileenellis.com/
Hi Aileen, thank you for this wonderful video! I have a question though. At 7:00 you said that this sentence "You have spent $ 500 more than you planned to spend as of today" relates to schedule variance. And then, at 15:35, you said that this sentence "You have spent $ 500 more than you planned to spend as of today" relates to cost. I fail to understand the difference. Please advise.
One(7.00) is Schedule and other(15:35) is cost. At 7.00,it talks about schedule(not cost. May be the answer in C at 7.00) can be rephrased as " There is $500 worth of additional work that needs to be done as of today". If you replace t question with cost variance then the answer would be " The project is $500 over the budget " since it in negative.
This is extremely helpful. Really appreciate you taking the time to make it. Great way to understand everything before adding in the equations too (in my opinion)
Thank you for this instruction keeping it simple and not complicated. it can be daunting in the beginning all the maths and % etc. Added to my notes for memory and mock exams Ill following your channel now
Great video. Covering COST Mgmt concepts which is not covered in any PMP books. You have explained it in such a way that it made it easier to remember for the Exams.
Glad you liked the video. Are you attending my free weekly live PMP training sessions? If not, you can sign up here for invites.www.aileenellis.com/pmp-exam-online-self-study-program-with-aileen
You are so welcome! Congratulations. If you have two minutes could you write a quick testimonial? It would be greatly appreciated. It truly will take less than two minutes. www.aileenellis.com/pmp-exam-aileen-review-on-trustpilot
Hi Aileen, thank you for this video. Can you tell me why you ask always at the beginnng ''is it about cost or schedule''. I am trying to understand from what perspective I should be looking at the questions. ''How much is spent or how much time ''?
I was able to create some more flash cards that will help quickly interpret earned value questions without trying to do a whole bunch of mathematical calculation. Fantastic video!
Glad it was helpful! You are very welcome. I provide free training once per week for PMP. You can sign up for my email list here: www.aileenellis.com/ Also, would you like to connect on LinkedIn as well? linkedin.com/in/projectmanagementexpertaileen
You are very welcome. I provide free training once per week for PMP. You can sign up for my email list here: www.aileenellis.com/ Also, would you like to connect on LinkedIn as well? linkedin.com/in/projectmanagementexpertaileen
Glad it was helpful! I provide free training once per week for PMP. You can sign up for my email list here: www.aileenellis.com/ Also, would you like to connect on LinkedIn as well? linkedin.com/in/projectmanagementexpertaileen
Thank you for sharing this information. You recommended standing up and stretching during the 10 minute break. What are the rules about having a snack during the break, such as a granola bar? Thank you, Melissa
@@AileenEllisPMPPgMP Wow, that's so great you have an app - I wish I knew about that earlier. Fortunately, I passed my exam. Thank you for your helpful videos :o).
James- glad you liked this video. May I assume you are preparing for the PMP Exam? Send me an email at aileen@amegroupinc.com for access to more videos.
cost The cost variance (cv) is $500 what does this mean A the project is ahead of schedule B the project is $500 over budget C the project is $500 under Budget D the project is behind schedule
Dealing with COST so answers "A" and "D" can be eliminated quickly since they deal with schedule. So, a CV> $0 means you are under budget. The correct answer is "C".
good video , however: i want to know which of the EAC equations to use in PMP exam, my exam is next thursday. I get confused on which one to use : 1- EAC = BAC/CPI 2- EAC = AC + (BAC-EV) 3- EAC = AC + ((BAC - EV /SPI*CPI)) Need help to understand which one to use , in another words how to interpret the question? Pls help
My understanding is you use the formulas based on the respective conditions 1. If the CPI remained the same thru the rest of the project 2. If CPI will change or is expected to continue at the budgeted rate 3. If both CPI and SPI are unchanged Hope you got thru! My exam is tomorrow! :)
I really like your videos but it’s confusing when You say “as of today” in your definition for CV and CPI but when it comes to MCQ questions you say that today refers to schedule.
Oh my god this was 4 years ago . Now I understand and remember in the same time because it makes since . Thank u Aileen . Really u made it very simple .
Thanks Aileen. This is one of the best tutorials on Earned Value.
I think your videos are so motivating that helps me to keep moving forward without feeling overwhelmed. Thanks, Aileen.
You are so welcome!
she is the best i found and never looked for another one. but in 2022 October. i got ZERO questions on EV analysis, but you should know the basic fomulae like 4+3+1 she explained in another video. thanks Aileen for your service
Great to hear!
Aileen... i stumbled into your videos just 2 days before my exam. I ran thru most of them and they really completed my preparation. Yesterday Feb 22nd 2022 I cleared my PMP exam! Thank u so much n may God bless u. All the best for everybody here who plan to take the Exam this year.... Regards, Tabitha - Indonesia 😇
By far, the best video available on YT, on the topic.Thank you. #evm #capm #pmp #businessmath #enjoylife
Wow, thank you!
Speechless, I thought I was ready for exam.
This video really gave me a wake up call but I am glad that Aileen sent this link to all the subscribers for free.
I will definitely recommend to all the PMP aspirants to make most of this 34 mins 25 seconds video.
Aileen Ellis, thank you ever so much for this video.
Kind regards,
Khalil Rahman
So glad the video helped you. I believe that earned value management interpretation questions are actually harder for most people than the earned value math questions. Aileen
Wake up call for me too, but grateful to have found this. Aileen makes it so simple and easy to understand. I need to watch the video again and others also!
Aileen Ellis it’s harder for me and I have to watch this video over and over again
Aileen, this video is by far one of the best PMP videos I have watched. I love the way you explain the material; simple and to the point. I found your last week webinar on Stakeholder & Communication Management very useful too. Well done and thank you again!
Thank you for the amazing explanation. This is the best EVM I have came across so far.
Thank you. You are very welcome. Have you tried our new app? apps.apple.com/us/app/pmp-exam-prep-with-aileen/id1570349699
i can't explain how much I like this video. I always repeat it to refresh memory
Thank you for your kind comments. I provide free training once per week for PMP. You can sign up for my email list here: www.aileenellis.com/
Also, would you like to connect on LinkedIn as well? linkedin.com/in/projectmanagementexpertaileen
I love listening to Aileen. I like the sound of her voice, like my Mother talking to me. I learn quickly with her.
You are very welcome. Have you tried our new app? apps.apple.com/us/app/pmp-exam-prep-with-aileen/id1570349699
Thanks so much for this video! This is the best breakdown I've reviewed thus far
These questions could trip me up for sure. I am so glad to have this video helping us to breakdown what the questions are asking about cost or schedule and then explaining each answer helped me so. Thank you again.
I really expect that most of your earned value questions on this exam will include no math. We need to really understand earned value.... not memorize equations.
I dont mean to be so off topic but does any of you know of a way to get back into an instagram account??
I was stupid lost my login password. I would appreciate any tips you can offer me
Aileen, You are one of the best trainers. EVM simplified, Now I'm confident to tackle EVM Questions.
Thank you so much. Have you tried our app? apps.apple.com/us/app/pmp-exam-prep-with-aileen/id1570349699
Thanks so much for this video. It is very useful and insightful. Can you look at your answer at 10:20. I'm not sure how that is schedule and not cost. Again thanks for this good work. God bless you Aileen
thank you so much for this, Aileen. very helpful for my exam earlier. i just passed it today! :)
Congrats!
Thank you Aileen this is an excellent perspective on Earned Value Analysis and thinking simplistically for no math questions. Really reading the questions and asking yourself the questions; "what are we talking about here, schedule or cost?" etc. So thank you again.
Thank you. I think we make earned value all about math........and the math is just one small element of Earned Value.
Very simplistic way of explaining the concepts. Thanks for the video Aileen.
You're very welcome!
I really like how you break down the questions on whether the ask is about cost or schedule and to keep it simple, is it good or bad and to look for key words to determine ETC and the TCPI ( >1 is harder to achieve and
Aileen, thank you so very very much for making these videos. I passed my CAPM exam today - above target in all areas! This video and memorizing the outputs and TTs were most helpful for me. Thank you so very much again.
Congratulations. You are very welcome.
You are an amazing teacher!! I read so much on this topic to no avail. I watched your video and I feel so confident on this topic. God bless you!!! Many thanks!!!
I really enjoy your videos and your ability to explain these concepts logically.
REALLY good explanations and practice questions!
Thank you SOOOOO very much for being understandable in the way you present things with words I understand. Great Job!!!!!!
You are so welcome! Have you considered my Online Program to help people pass the PMP Exam? www.aileenellis.com/pmp-exam-online-self-study-program-with-aileen
Taking the PMP tomorrow. Came on UA-cam for some last minute tips and tricks and came across this video. Wish I had been watching Aileen the whole time! Great video. Will be back if I don't pass LOL
Good luck. I have lots of videos that can help you. Hope you pass. If you don't, email me at aileen@amegroupinc.com
Amazing breakdown of the concepts to where I understood quickly and got the questions right!
So happy my video was able to help you. I know it sounds strange... but I love using earned value to help guide my decisions on projects.
This just changed my life!!!
Thank you for your kind comment. Comments like yours change my life. If you would like invites to free online PMP training, sign up for my email list at: www.aileenellis.com/
With just 2 days to my PMP exam, I find this video extremely helpful. You made EVM a lot easier to understand. Thank you so much Aileen.
How did your exam go?
Very helpful videos for me.....thank you for creating these videos!
Thanks for sharing all your knowledge about project manager. God bless you. from Angola-Luanda
My pleasure
Hi Aileen, thank you for this wonderful video! I have a question though.
At 7:00 you said that this sentence "You have spent $ 500 more than you planned to spend as of today" relates to schedule variance.
And then, at 15:35, you said that this sentence "You have spent $ 500 more than you planned to spend as of today" relates to cost.
I fail to understand the difference.
Please advise.
One(7.00) is Schedule and other(15:35) is cost. At 7.00,it talks about schedule(not cost. May be the answer in C at 7.00) can be rephrased as " There is $500 worth of additional work that needs to be done as of today". If you replace t question with cost variance then the answer would be " The project is $500 over the budget " since it in negative.
This is extremely helpful. Really appreciate you taking the time to make it. Great way to understand everything before adding in the equations too (in my opinion)
Glad it was helpful! Thank you. Go to www.aileenellis.com/ and sign up to our email list for free training.
Thanks Aileen, this is very helpful!
You are very welcome. Have you tried our new app? apps.apple.com/us/app/pmp-exam-prep-with-aileen/id1570349699
Thank you for this instruction keeping it simple and not complicated. it can be daunting in the beginning all the maths and % etc. Added to my notes for memory and mock exams Ill following your channel now
Fantastic breakdown of concepts. Thanks Aileen, bought your books to practice on my upcoming PMP.
Glad it was helpful! Sign up for free live training at: www.aileenellis.com/
THIS WAS JUST COMPLETELY AWESOME, CLEAN AND STRAIGHT FORWARD
Glad this helped you. When are you testing? How is your studying going?
Thankful for your time in covering this!
Glad the video helped you. I think this is an important idea for the exam. Aileen
Great video. Covering COST Mgmt concepts which is not covered in any PMP books. You have explained it in such a way that it made it easier to remember for the Exams.
Glad you liked the video. Are you attending my free weekly live PMP training sessions? If not, you can sign up here for invites.www.aileenellis.com/pmp-exam-online-self-study-program-with-aileen
Passed this morning and your videos were so helpful. Thank you!
You are so welcome! Congratulations. If you have two minutes could you write a quick testimonial? It would be greatly appreciated. It truly will take less than two minutes.
www.aileenellis.com/pmp-exam-aileen-review-on-trustpilot
@@AileenEllisPMPPgMP I just submitted the testimonial. Thanks again
Hi Aileen, thank you for this video. Can you tell me why you ask always at the beginnng ''is it about cost or schedule''. I am trying to understand from what perspective I should be looking at the questions. ''How much is spent or how much time ''?
I was able to create some more flash cards that will help quickly interpret earned value questions without trying to do a whole bunch of mathematical calculation. Fantastic video!
Thanks for the clear explanation.
You are welcome!
Thanks for this video! It has explained EVA so much clearer!
This was so good.😊
Thank you for the clear explanations. This is really helpful.
You're very welcome! You are very welcome. Have you tried our new app? apps.apple.com/us/app/pmp-exam-prep-with-aileen/id1570349699
Excellent explanation- thank you very much
Glad it was helpful!
You are very welcome.
I provide free training once per week for PMP. You can sign up for my email list here: www.aileenellis.com/
Also, would you like to connect on LinkedIn as well? linkedin.com/in/projectmanagementexpertaileen
This was very helpful and made sense to me. Thank you Aileen!
You're so welcome! Thank you. Go to www.aileenellis.com/ and sign up to our email list for free training.
I wish I had found this video 3 months ago! I test in 2 days but this was great!
Thank you. Make sure you watch my video on outputs and my other video on the 49 proceses.
thankyou so much. This nailed my Cost related concepts to perfection!
THANK YOU, AILEEN!!!
You are very welcome. I provide free training once per week for PMP. You can sign up for my email list here: www.aileenellis.com/
Also, would you like to connect on LinkedIn as well? linkedin.com/in/projectmanagementexpertaileen
Aileen , Thank you so much for the video. it is really helpful¹
Glad it was helpful!
I provide free training once per week for PMP. You can sign up for my email list here: www.aileenellis.com/
Also, would you like to connect on LinkedIn as well? linkedin.com/in/projectmanagementexpertaileen
Very helpful, Aileen. Thank you for posting this!
Glad it was helpful! Sign up for free training with me at: www.aileenellis.com/
really learnt a lot from this video.Thanks for sharing!
Honestly, your videos are amazing. Well explained
Glad you think so! Have you registered for our free online training?www.aileenellis.com/
Great job,,ma,m
Thank you very much .. this is a very valuable and helpful..
Glad to hear that! Have you considered our PMP Exam Self Study Program: www.aileenellis.com/pmp-exam-online-self-study-program-with-aileen
Isn't the option d. of question at 7:00 cost related (though it is wrong) instead of schedule?
Yes, it definitely seems that way. The moment 'spent' is mentioned Cost comes in play right away!
Wonderful explanations!
Thank you so much for this video, Absolutely made all this look so simple.
You are so welcome! Have you considered our PMP Exam Self Study Program: www.aileenellis.com/pmp-exam-online-self-study-program-with-aileen
awesome video ...Easy to understand the concepts.
Glad you liked it Glad it was helpful! Sign up for free training with me at: www.aileenellis.com/
Excellent approach 👍
This is a great video. Thank you so much for sharing. It was very helpful. smile
Thank you for sharing this information. You recommended standing up and stretching during the 10 minute break. What are the rules about having a snack during the break, such as a granola bar? Thank you, Melissa
Yes you can have a snack. You can leave the room.
Have you tried our new app? apps.apple.com/us/app/pmp-exam-prep-with-aileen/id1570349699
@@AileenEllisPMPPgMP Wow, that's so great you have an app - I wish I knew about that earlier. Fortunately, I passed my exam. Thank you for your helpful videos :o).
Very well explained. 👏
Glad you liked it. Thank you. Go to www.aileenellis.com/ and sign up to our email list for free training.
Thank you so much, I finally understand those concepts. This video was well detailled
Glad it was helpful! Sign up for free training with me at: www.aileenellis.com/
wow... you are really good @aileen
Amazing Vid !! Thanks Aileen
Brilliant!!!
Thanks a lot Aileen
You are very welcome.
Thank you ma'am, great explanation
Keep watching. Thank you. Go to www.aileenellis.com/ and sign up to our email list for free training.
This is really great
You are welcome. Have you tried our new app? apps.apple.com/us/app/pmp-exam-prep-with-aileen/id1570349699
You are the best. Thanks lot
Thank you for the explanation...
You are welcome!
Awesome
James- glad you liked this video. May I assume you are preparing for the PMP Exam? Send me an email at aileen@amegroupinc.com for access to more videos.
Very clear!
Glad it was helpful! When are you testing? How is your studying going?
cost
The cost variance (cv) is $500 what does this mean
A the project is ahead of schedule
B the project is $500 over budget
C the project is $500 under Budget
D the project is behind schedule
Dealing with COST so answers "A" and "D" can be eliminated quickly since they deal with schedule. So, a CV> $0 means you are under budget. The correct answer is "C".
good video , however:
i want to know which of the EAC equations to use in PMP exam, my exam is next thursday.
I get confused on which one to use :
1- EAC = BAC/CPI
2- EAC = AC + (BAC-EV)
3- EAC = AC + ((BAC - EV /SPI*CPI))
Need help to understand which one to use , in another words how to interpret the question?
Pls help
My understanding is you use the formulas based on the respective conditions
1. If the CPI remained the same thru the rest of the project
2. If CPI will change or is expected to continue at the budgeted rate
3. If both CPI and SPI are unchanged
Hope you got thru! My exam is tomorrow! :)
❤❤❤❤❤❤
Thank you. You are very welcome. Have you tried our new app? apps.apple.com/us/app/pmp-exam-prep-with-aileen/id1570349699
I really like your videos but it’s confusing when You say “as of today” in your definition for CV and CPI but when it comes to MCQ questions you say that today refers to schedule.
The key word is "planned" and "spend". But yes that question is confusing 500$ spent in CV