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Question added by Deleted user
10 years ago

How MS Project calculates Cost Variance (CV) for an ongoing or finished task?‎

we know Cost Variance = Actual Cost - Budgeted Cost‎

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Khairy Khalil's image  
Answer added by  Khairy Khalil, PROJECT MANAGER, NORPETCO FEED DESIGN REVIEW
10 years ago

Actually CV = EV-Ac as EV is Budget cost of performed work, AC is Actual cost of work performed. MS Project Considers EV = PV if it is not entered independantly where PV ... See More

Anisuddin Siddiqui's image  
Answer added by  Anisuddin Siddiqui, Sr. Planning Engineer, Southwest Architecture
10 years ago

If you had saved the Baseline before updates and then run the variance report, the system will do the calculation and present you CV. Primavera is superior in terms of Ea ... See More