Earned Value Definitions
Schedule Variance (SV)

What is Schedule Variance (SV)? Earned Value Management explained.


Schedule Variance (SV) measures the variance between the earned value (EV) and planned value (PV) at a given point in time. It provides insights into whether the project is ahead or behind schedule. A positive SV indicates that the project is ahead of schedule, while a negative SV suggests schedule delays. SV helps in monitoring schedule performance.

Calculation: SV = EV - PV

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