Determine the schedule and cost variance for a project that has an actual cost at month...
Determine the schedule and cost variance for a project that has an actual cost at month 10 of $600,000, a scheduled cost of $600,000 and an earned value of $600,000.
Homework Answers
BCWP = budgeted cost of work performed = (Earned Value)
ACWP = actual cost of work performed
BCWS =budgeted cost of work scheduled
BCWP = $600,000.
ACWP = $600,000.
BCWS = $600,000.
Schedule variance = SV = BCWP - BCWS = $600,000. - $600,000 = $ 0
Cost variance = CV = BCWP - ACWP = $600,000 - $600,000 = $ 0
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