Cost Variance (CV) Calculator
Calculate Cost Variance (CV) to quantify whether your project is under or over budget for the work completed.
Calculator
CV = EV − ACEnter values to compute.
Interpretation Guide
- CV > 0Under budget.
- CV = 0On budget.
- CV < 0Over budget.
Example
EV $80,000 and AC $95,000 → CV = −$15,000 (cost overrun of $15k for work completed).
Real-world use cases
- Monthly cost reviews
- Change-control packages
- Forecast triangulation
Common mistakes
- Excluding committed costs from AC
- Treating one-time variances as a trend
Professional tips
- Combine with CPI
- Trend CV monthly to spot drift early
FAQ
Frequently asked questions
Related tools
Continue exploring
Latest Insights
Project intelligence, weekly
Auto-synced from PMMilestone3.com — fresh articles with photos.
Enterprise Upgrade
Upgrade to Enterprise-Level Project Intelligence
Discover the Elite Project Controls System — a professional intelligence framework for modern project controls, forecasting, executive reporting, AI PM workflows and risk management.
- ★Executive-grade KPI frameworks
- ★AI-powered project workflows
- ★Forecasting & risk intelligence
- ★PMO-ready reporting templates