TY  - JOUR
T1  - Schedule Variance: A Monetary Value to Determine
Time Variancein Construction Project
AU - Borges Jr, Waldevique Franco 
JO  - International Business Management
VL  - 12
IS  - 2
SP  - 244
EP  - 252
PY  - 2018
DA  - 2001/08/19
SN  - 1993-5250
DO  - ibm.2018.244.252
UR  - https://makhillpublications.co/view-article.php?doi=ibm.2018.244.252
KW  - construction
KW  -cost variance
KW  -Project management
KW  -time variance
KW  -schedule variance
KW  -evident metric
AB  - 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).
ER  -