A project manager is reporting the project performance as 25 days worth of work completed against 13 days originally planned. What is the schedule variance (SV)?
A project manager is reporting the project performance as 25 days worth of work completed against 13 days originally planned. What is the schedule variance (SV)?
The schedule variance (SV) is calculated by subtracting the planned value (PV) from the earned value (EV). In this case, the earned value (EV) is 25 days worth of work completed, and the planned value (PV) is 13 days originally planned. Therefore, the schedule variance (SV) is 25 - 13, which equals 12.
SV=EV−PV SV=25−13 SV=12
Ans: B SV=EV−PV SV=25−13=12