Cost Variance

 


 

Cost Variance

 

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Cost Variance

 

Meaning of term cost variance

1) Any difference between the budged cost of an activity and the actual cost of that activity. 2) In earned value, EV less ACWP = CV.

 

Acronym : CV

 

Source: http://www.okdhs.org/nr/rdonlyres/3f6765df-14d1-47c5-ad01-c891fa101254/0/glossary_okdhs_03142007.xls PMO

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Cost Variance