Project Management Glossary
Cost Variance (CV)
Definition of Cost Variance (CV)
It is the amount of budget deficit or surplus at a given point in time, and is expressed as the difference between earned value (EV) and actual cost (AC).
Project Management Glossary
Definition of Cost Variance (CV)
It is the amount of budget deficit or surplus at a given point in time, and is expressed as the difference between earned value (EV) and actual cost (AC).