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Cost Variance (CV) = Earned Value (EV) - Actual Costs (AC) It shows your deviation from the planned budget as of now.
The problem is that majority of those who are in charge of these projects aren't able to manage every aspect that would ensure its completion.
The cost of the activity to date. For instance, I've composed articles, for example, … Earned Value Report Template. Use this report to view a chart that plots AC (actual cost of work performed), planned value (budgeted cost of work scheduled), and earned value (budgeted cost of work performed) over time..
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