Earned Value

Schedule Variance (SV) Calculator

Calculate Schedule Variance (SV) to quantify how far ahead or behind schedule your project is in monetary terms.

Calculator
SV = EV − PV
Enter values to compute.

Interpretation Guide

  • SV > 0Ahead of schedule.
  • SV = 0On schedule.
  • SV < 0Behind schedule.

Example

EV $80,000 and PV $100,000 → SV = −$20,000 (behind schedule by 20% of planned value).

Real-world use cases

  • Weekly status reporting
  • EVM dashboards
  • Recovery planning

Common mistakes

  • Confusing SV (in $) with schedule slip in days
  • Ignoring critical-path while celebrating positive SV

Professional tips

  • Pair SV with SPI for ratio context
  • Always trend SV over time, not just absolute value
FAQ

Frequently asked questions

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