This document discusses controlling and monitoring construction projects using the earned value method. It begins with an introduction to the importance of controlling and monitoring construction projects. It then discusses the methodology of earned value analysis, including defining earned value, variances, and the five steps to set up an earned value system and four steps to use the information generated. Key aspects of earned value discussed include using it as a uniform measure of project progress, its role in cost performance analysis, and how it is calculated based on planned value, earned value, and actual costs.