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Cost Variance (CV)

Learn the concept, see how it is used in the simulation, and understand what the result tells you as the Project Manager.

The monetary difference between earned value and actual cost.

Cost VarianceCV = EV − ACHow far is cost performance from the value earned?
CV > 0Earned value is greater than actual cost.
CV = 0Earned value equals actual cost.
CV < 0Actual cost is greater than earned value.
WEEKLY EVM REPORT

Project performance

Earned Value (EV)Calculated
Cost VarianceYour result

In the game, calculation cards on the weekly report connect the value back to its formula.

🎮 Why this matters in the game

Do not treat this measure in isolation. Your resource choices, overtime, work completed and cumulative cost affect the story told by your EVM results. Use the weekly report and dashboard together before deciding what to change next.

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