Cost Variance Calculator

Cost variance also known as CV in short, is a vital factor for measuring the performance of a project. It helps us to know the amount of over budget or under budget the project is. If the cost is positive then it means that the project is under budget and if the cost is negative then the project is over budget.

We can calculate cost variance with the help of this below formula:

Cost Variance Formula

In the below online cost variance calculator, enter the earned value and the actual cost in the respective fields and then click calculate to find the answer.

Earned Value:
Actual Cost:
Cost Variance (CV):

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