Select three true statements regarding earned value management (EVM). Multiple select question. EVM was originally called PERT/COST because it enters cost data into the PERT network chart to evaluate a project's efficacy. Earned value management (EVM) tracks what is called the project "triangle" of scope, time, and costs. EVM can be conducted with relatively simple software such as the templates provided with Microsoft Excel. Earned value multiplies the percentage of completion of each activity on the PERT network chart by the total value of the completed activity