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All 4 tasks freeAdvancedNEC4 ECC Option B

Cost control at month 6: EVM and CVR on Ashbrook

Report Ashbrook's month 6 cost position: a cost budget from the NEC4 Prices, planned value from the cost-loaded programme, earned value from site measurement, actual cost with accruals, CPI, SPI, EAC and VAC, and a cost-value reconciliation by SOV line with the forecast margin against the Prices after compensation events.

  • United Kingdom · English
  • 4 tasks
  • 3.0 h of study
  • Certificate of completion
Workspace: Cost control at month 6: EVM and CVR on Ashbrook
Set BAC and planned value

Who this course is for

Contractor's commercial manager — Invented character and company, drawn for this case
Your role in the caseContractor's commercial manager
Ashbrook contractor — Invented character and company, drawn for this case
The company in the caseAshbrook contractorMain contractor

Invented character and company, drawn for this case

What you will do

Task steps: Cost control at month 6: EVM and CVR on Ashbrook
Set the EVM baseline
Check result: Cost control at month 6: EVM and CVR on Ashbrook
Use the cost budget as BAC

You will be able to

  • Run cost-value reconciliation for a period
  • Compute EVM indices (CPI, SPI) and an estimate at completion

Skills checked

  • Set a cost budget (BAC) from the NEC4 Prices and implemented CEs
  • Derive PV from a cost-loaded programme
  • Measure EV and AC with accruals
  • Compute CPI, SPI, EAC and VAC
  • Prepare a CVR by SOV line and a forecast margin

Tasks

Contractor's commercial manager — Invented character and company, drawn for this case
A day on this course
  1. 1Budget at completion and planned valueEarned value
  2. 2Earned value and actual costEarned value
  3. 3CPI, SPI and the estimate at completionEarned value
  4. 4Cost-value reconciliation and forecast marginCVR

Certificate

Awarded when all 4 tasks pass the numbers, trace and explain checks.

3.0 h of study

Certificates →

Sample layout. Your certificate shows your name, the course version, the date and a verification ID.

Files you work with

Created in your OpenConstructionERP workspace the moment you enrol.

  • project
  • parties4 records
  • contract

Before you start

Recommended first:

Questions

How long does the course take?

4 tasks · 3.0 h of study

Is it free?

All 4 tasks free

Do I get a certificate?

Awarded when all 4 tasks pass the numbers, trace and explain checks.

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Questions about this course? Write to info@datadrivenconstruction.io

Start free: task 1 of 4All 4 tasks free · 3.0 h of study

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