what is schedule variance and give the formula
Answers were Sorted based on User's Feedback
Answer / varun
percentage of time taken to complete the task
schedule variance== (actual duration-planned
duration)/planned duration * 100
as per my knowledge this is answer
Is This Answer Correct ? | 97 Yes | 50 No |
Answer / ravi
Schedule Variance= Earned Vlaue - Planned Value
Earned Value-> Budget value of the work completed in
specified time
Planned Value -> Budget value of the work that was planned
to be completed in specific time
The difference reflects the amount of budget that could not
be completed or that was excessively done in specific time.
Is This Answer Correct ? | 49 Yes | 13 No |
Answer / kt karthikeyan
Schedule Variance = (Actual Completion Date – Planned
Completion Date)/(Planned Completion date – Planned Start
Date + 1) * 100
Is This Answer Correct ? | 57 Yes | 27 No |
Answer / hannah
SV = [(Actual End Date - Planned End Date)/(Planned End
Date - Planned start Date)]*100
Is This Answer Correct ? | 31 Yes | 12 No |
Answer / manju
Scheule Variance = [(Actual Calendar Days - Planned
Calendar Days)/Planned Calendar Days]*100
Is This Answer Correct ? | 16 Yes | 12 No |
Answer / tamil
Schedule Variance.
First find out the Delay(AED(Actual END Date)-PED(Planned
END Date)). Formula for this:
=IF(Actual Finish date="",0,IF(Actual Finish Date = Planned
Finish Date,0,IF(Actual Finish Date>Planned Finish
Date,NETWORKDAYS(Actual Finish,Planned Finish)-1,NETWORKDAYS
(Actual Finish,Planned Finish))))).
And then Find out the Actual Schedule(PED(Planned End Date)-
PSD(Planned Start Date)). Formula for this:
NETWORKDAYS(Planned Finish date,Planned Start Date)
And then Finally Schedule Variance Formula Is:
IF(NOT(Actual Schedule=0),(Actual Schedule/Delay%),0)
Please check it....
Is This Answer Correct ? | 7 Yes | 3 No |
Answer / manas
There is difference between schedule variance and schedule slippage.
Schedule slippage- Schedule slippage is key performance indicator that shows amount of time the project is delayed (expressed in %) compared to its baseline start and Finish dates.
Formula for computation of schedule slippage: - (Actual Project Duration – Planned Project Duration / Planned Project Duration) * 100
Formula for compute Actual Project Duration: - (Project Actual End Date – Project Actual Start Date)
Formula for compute Planned Project Duration or baseline duration: - (Project Planned End Date – Project Planned Start Date)
Schedule Slippage metrics helps in identifying the problems of previous projects and making more realistic predictions for future projects
Schedule Variance-
Schedule Variance term is used in EVM which states how much cost of work is yet to be completed as per schedule.
SV- BCWP-BCWS.
Is This Answer Correct ? | 3 Yes | 0 No |
Answer / harsh
These answers looks unrealistic. If we want to calculate SV
and EV during the project, how it can be calculated then.
SAP uses concept of POC (Percentage of completion)to
calculate EV & SV
SV - (Scheduled Effort - Burnt Effort)/ Scheduled Effort
Definition -
Scheduled Efforts (BCWS) = Estimated POC * Estimated Effort
Burnt efforts(BCWP)= Actual POC X Estimated Effort
Estimated POC = (Current Date - Planned Start Date)/ Total
Planned Duration
Actual POC = (Total planned efforts for project - total
spent efforts(Present state))/ Total Planned efforts for
project.
Is This Answer Correct ? | 2 Yes | 0 No |
Answer / g.vijayan(annamalai university
schedule variance=(actual duration-planned
duration)/planned duration*100
Is This Answer Correct ? | 2 Yes | 0 No |
Answer / sushilkumar pandey
SV = (Actual-Estimated)*100/Estimated
If
Estimated Duration= 43 Days
Actual Duration = 45 Days
Then
SV = (45-43)*100/43
SV = 200/43
SV = 4.65
Is This Answer Correct ? | 7 Yes | 6 No |
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