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Question added by Deleted user
11 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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Answer added by  Deleted user
11 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

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Answer added by  Anisuddin Siddiqui, Sr. Planning Engineer, Southwest Architecture
11 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