EVM Exercise 1 - How do I calculate the Schedule and Cost Variances?

Here we will see How do I calculate the Schedule and Cost Variances? Get a certificate with our online courses on https://deceusteracademy.com/dca-cour... 0:25 - Overview of the data 2:20 - How to calculate Schedule Variance (SV) and Cost Variance (CV) 4:40 - Graphic with PV(t), EV(t), AC(t) 7:45 - Schedule and Cost Variances as a function of time In this exercise, we will calculate the Schedule and Cost Variance based on the PV(t), EV(t), and AC(t) of an imaginary project. The PV(t) information together with the EV and AC data received from the team is given in the table and based on that information, we can see the evolution of the project based on schedule and cost variance over time. In the first graph (above), we have the PV, EV, and AC information, and below, we have the derived SV and CV data. Based on the evolution over time, the team has a clear view of the schedule and cost position of the project. More about our online courses: Subscribe to this channel for more Project Management, Financial and Business content and leave a comment below if you have any questions. Website: http://deceusteracademy.com/ Follow me on FB for more Project Management tips and tricks:   / deceusteracademy   #PMP #ProjectManagement #DeCeusterAcademy