Earned Value Management (EVM)
A project management technique for measuring project performance and progress in an objective manner.
EVM is a project management technique integrating scope, schedule, and cost data to assess performance and predict outcomes. It provides insights into project health, enabling proactive decision-making and risk management. By comparing planned progress with actual performance, EVM helps identify variances, optimize resource allocation, and ensure projects are delivered on time and within budget, enhancing accountability and stakeholder confidence in project delivery.
Used in a sentence
EVM was used to track the project's budget and schedule performance.
Synonyms/variation
Performance Management
Stay updated on what’s happening in construction.
Subscribe to Blueprint, Procore’s free construction newsletter, to get content from industry experts delivered straight to your inbox.
Learn MoreLearn more about Earned Value Management (EVM)
Capital Project Management: A Quick Guide for Construction Pros
With aging infrastructure and new technology needs, capital projects will remain a high priority for communities around the world in the coming years. Effectively managing capital construction projects is necessary to protect the financial investment in these large-scale developments — and to successfully deliver the infrastructure society needs. This article explores capital project management, focusing […]
Who is accountable for innovation in construction?
Everyone says construction needs to innovate—but no one agrees on who’s actually responsible for making it happen. Is it the owner? The builders? The tech vendor? Or is innovation everyone’s job—and therefore no one’s? In this episode, Amy Marks, SVP of Innovation at Compass Datacenters, breaks down why innovation in construction gets stuck and what […]
How Are Partnerships in Construction Being Redefined?
In a market where cost, speed, and quality are table stakes, owners are demanding more than projects delivered on time and on budget. They want trusted partners who bring strategy, intelligence, and collaboration to every phase. In episode 24, Skanska’s Regional Executive Officer Anita Nelson shares how owner–contractor relationships are evolving, why operating models must […]
Who Owns Construction’s Intelligence?
In this episode of The Power of Construction, we chat with Hugh Seaton, CEO of The Link.ai, to step past the buzz around tools and features and unpack what true data and AI readiness means for our industry. From subcontractor IP to data agreements, we unpack how governance, trust, and collaboration will shape construction’s digital […]
How can we improve this glossary entry?
By clicking this button, you agree to our Privacy Notice and Terms of Service.