@article{MAKHILLIBM201812227379,
    title = {Schedule Variance: A Monetary Value to Determine
Time Variancein Construction Project},
    journal = {International Business Management},
    volume = {12},
    number = {2},
    pages = {244-252},
    year = {2018},
    issn = {1993-5250},
    doi = {ibm.2018.244.252},
    url = {https://makhillpublications.co/view-article.php?issn=1993-5250&doi=ibm.2018.244.252},
    author = {Waldevique Franco},
    keywords = {construction,cost variance,Project management,time variance,schedule variance,evident metric},
    abstract = {Earned Value Management (EVM) is a performance measurement method to control projects that
allows for the integration of scope, schedule and cost. The objective of this study is to demonstrate that
deliberate schedules to guide the implementation of engineering research can be calculated and controlled
through EVM techniques. First, the study will explain the main concepts and equationsused to verify the
progress of the research andto calculate performance indexes. It will mathematicallydemonstrate that the
monetary value obtainedfromcalculating the difference between the Earned Value (EV) and Planned Value (PV)
provides a Schedule Variance (SV) that is not easilyevident. In addition, the study will demonstrate that
calculating a monetary value using the difference between EV and Actual Cost (AC) provides a more evident
metric, referred to as Cost Variance (CV).}
    }