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Schedule Management > Creating and managing schedules > Analyzing costs > Managing schedules based on earned value management

What is earned value management?

Earned value management (EVM) is a project management technique for measuring project progress in an objective manner.

You can:

  • Calculate the EVM values for the entire schedule or selected tasks. Teamcenter displays the EVM results for the level selected.
  • Quantify progress using the PV (Planned Value) calculations and the EV (Earned Value) calculations.
  • Compute earned values based on the costs and hours entered against scheduled tasks and the fixed costs.

Source: https://docs.sw.siemens.com/en-US/doc/282219420/PL20251212545240207.plm00054/id994917 · retrieved 2026-07-10