Featured In Plaky What’s Cost Variance Article
Feb 4, 2023
I have been featured in the Plaky What’s Cost Variance? Article. Plaky is a project management software app. The writer has reached out to me regarding this topic because I have been a certified Project Management Professional (PMP) for ten years.
What Is Cost Variance?
Cost variance is the difference between the earned value work minus the actual cost. Earned value is the project work that is actually done. Actual cost is the actual project budget that is spent.
- When CV > 0 you’re under budget
- When CV = 0 you’re on budget
- When CV < 0 (negative) you’re over budget
Read all of about my cost variance recommendations here.
Originally published at https://carlarjenkins.com on February 4, 2023.