Your browser does not support JavaScript!

C › Cost Variance (CV)

COV ITRM Glossary

Cost Variance (CV)

Definition

A measure of cost performance on a project. It is the algebraic difference between earned value (EV) and actual cost (AC). CV=EV minus AC. A positive value indicates a favorable condition and a negative value indicates an unfavorable condition.


Reference:

PMBOK

Previous <  |  > Next
B < | > D