This paper describes how earned value management (EVM) is a by-product of employing a disciplined approach to project management. Following the Knowledge Areas in A Guide to the Project Management Body of Knowledge (PMBOK® Guide), the authors discuss each technique or step that they employ to set up and execute a project to benefit from earned value management. We have found that if a disciplined approach to project management is employed, the result is the ability to quickly and easily perform earned value management on any size project. Practical examples are presented to demonstrate the techniques being discussed.
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http://www.pmi.org/learning/library/evm-disciplined-approach-project-management-6003