We study the classical and quantum dynamics of generally covariant theories
with vanishing a Hamiltonian and with a finite number of degrees of freedom. In
particular, the geometric meaning of the full solution of the relational
evolution of the degrees of freedom is displayed, which means the determination
of the total number of evolving constants of motion required. Also a method to
find evolving constants is proposed. The generalized Heinsenberg picture needs
M time variables, as opposed to the Heisenberg picture of standard quantum
mechanics where one time variable t is enough. As an application, we study the
parameterized harmonic oscillator and the SL(2,R) model with one physical
degree of freedom that mimics the constraint structure of general relativity
where a Schrodinger equation emerges in its quantum dynamics.Comment: 25 pages, no figures, Latex file. Revised versio