Advanced Cost Theory for the PMP Exam (Part 1)

Part 1 of 2: This lesson introduces the fundamentals of Earned Value Analysis (EVA) and its critical role in project performance measurement. It covers essential metrics such as Planned Value (PV), Actual Cost (AC), and Earned Value (EV), explaining how these figures can be used to evaluate cost and schedule performance. Through detailed examples, you'll learn how to calculate cost and schedule variances, and apply these insights to real-world projects.

*Disclaimer*
Please note that this video is part of our older, historic collection of The PM PrepCast 6 course, originally designed to help prepare for the PMP exam before 2021. While no longer recommended for current PMP exam preparation, the concepts discussed in this video remain relevant today and are valuable for project managers seeking to strengthen their skills.

*Timestamped Show Notes*
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