An AI-powered platform for Students and teachers, designed to help you learn faster.

What does a negative Schedule Variance (SV) mean?

A negative SV (EV < PV) means the project is behind schedule. A positive SV means ahead of schedule, and zero means on schedule.

What is the formula for Schedule Variance?

SV = EV - PV (Earned Value minus Planned Value). A related metric, SPI = EV/PV, gives the schedule performance index.

Process · PMP Scenario

Interpreting Earned Value Schedule Variance (SV) on the PMP Exam

Scenario

Your project has a Planned Value (PV) of $500,000 and an Earned Value (EV) of $420,000 at the current reporting period. The Actual Cost (AC) is $480,000. What does the Schedule Variance (SV) tell you, and what action should you take?

Frequently Asked Questions

Ready for the full PMP exam experience?

Take our free PMP diagnostic with 180 exam-style questions.

Take Free PMP Diagnostic

Related PMP Scenarios

Process

Handling a Quality Non-Conformance on the PMP Exam