Cost Variance (CV) Calculator
Use this Cost Variance (CV) Calculator to measure your project’s cost performance — showing whether you are under or over budget using Earned Value (EV) and Actual Cost (AC).
CV Calculator
Formula used
The Cost Variance (CV) formula is: CV = EV − AC
- CV > 0 → Under budget ✅
- CV < 0 → Over budget ⚠️
- CV = 0 → On budget
When is CV useful?
CV shows how efficiently the project is using its budget. It helps managers track cost performance and identify overruns early using earned value management (EVM).