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Cost Variance (CV).

Source: R/evm.R
cv.Rd

Calculates the Cost Variance (CV) of work completed based on the Earned Value (EV) and Actual Cost (AC).

Usage

cv(ev, ac)

Arguments

ev

Earned Value.

ac

Actual Cost.

Value

The function returns the Cost Variance (CV) of work completed.

See also

pv, ev, ac, sv, spi, cpi, eac

Examples

# Set the BAC and actual % complete for an example project.
bac <- 100000
actual_per_complete <- 0.35

# Calcualte the EV
ev <- ev(bac, actual_per_complete)

# Set the actual costs and current time period and calculate the AC.
actual_costs <- c(9000, 18000, 36000, 70000, 100000)
time_period <- 3
ac <- ac(actual_costs, time_period)

# Calculate the CV and print the results.
cv <- cv(ev, ac)
cat("Cost Variance (CV):", cv, "\n")
#> Cost Variance (CV): -1000