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Hello Liliana —
Microsoft Project and Project Server can absolutely be used to perform Earned Value Management (EVM)… provided that you have a few key things in place:
If all of these things are properly put into place, then Microsoft Project will automatically calculate many built-in Earned Value fields for you. Then it’s simply a matter of extracting the reports that you need, which can be done via Microsoft Project or Project Server.
Please let us know if you have any more detailed questions.
Hope this helps!
— tz