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what is schedule variance and give the formula

Answer Posted / 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



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