The document discusses performance monitoring in construction projects in Brazil using the earned value management (EVM) indicator. It presents the results of a case study of three public sector construction projects. The study found differences between the theory and practice of EVM. In theory, EVM is used to compare planned, actual, and earned value to monitor schedule, scope and costs. However, the study found that in practice, companies often only used planned and actual costs without considering earned value. The document concludes that further analysis is needed of how EVM is applied and of project management training in contracting companies.