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have you had a look at PMI's EV standard, it has more information and clarification than the PMBoK.
Also slideshare is a good source for examples, e.g.
I found it beneficial to keep it simple, you might want to extend the EV setup to portfolio of projects.
I think the PMI´s standard on the matter is useful. Just to comment from my side take into account that you can use Earned Schedule Management instead of Earned Value Management, both are described inside the PMI standard. In my personal experience sometimes is difficult to have information about costs for each activity. Something that is key is which is the criteria you will use to consider an activity progress (0-100, 50-50, etc)
As Sergio has indicated, PMI's Standard for EVM (https://www.pmi.org/pmbok-guide-standards/...lue-management) is a good place to start.
In terms of specific prerequisites:
1. Have an actuals reporting system for financials which is at the same level of detail as your planning system to simplify the process of comparing apples to apples.
2. Effective decomposition of scope. Doesn't mean it has to be to the lowest level of detail, but sufficient that EVM calculations will be representative of actual progress.
3. Sergio's point about progress reporting is critical - I've seen many PMs led astray by using EVM where progress reporting at the activity level was done in too conservative or too aggressive a manner.
Finally, remember that EVM is not a silver bullet and people can still find ways to "game" the system.
Oh Wow, Thomas' link is quite comprehensive
In addition to the comprehensive EVM standards published by PMI, I enjoy going through short but brilliant articles by Elizabeth Harrin (Author, Trainer, Speaker), who provides education and mentorship to project managers.
The pieces usually highlight 1 - 2 critical points of different project management topics.
Here is an example:
3 Levels of Project Work Authorization [Infographic]
She is a blogger at https://www.girlsguidetopm.com/.
Her Twitter is @girlsguidetopm
She gives the latest insights into Project Management, including EVM.
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