The Earned Value Management Macros

Variances

Table 11.11 shows the formulas for the Cost Variance, Schedule Variance, and Variance at Completion, along with the associated percentages.

Table 11.11: Variance Formulas

Acronym

Formula

CV

EV - AC

CV%

$\frac{\mr{CV}}{\mr{EV}}$

SV

EV - PV

SV%

$\frac{\mr{SV}}{\mr{PV}}$

VAC

BAC - EAC

VAC%

$\frac{\mr{VAC}}{\mr{BAC}}$