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what is schedule variance and give the formula

Answer Posted / harsh

These answers looks unrealistic. If we want to calculate SV
and EV during the project, how it can be calculated then.

SAP uses concept of POC (Percentage of completion)to
calculate EV & SV

SV - (Scheduled Effort - Burnt Effort)/ Scheduled Effort

Definition -
Scheduled Efforts (BCWS) = Estimated POC * Estimated Effort
Burnt efforts(BCWP)= Actual POC X Estimated Effort
Estimated POC = (Current Date - Planned Start Date)/ Total
Planned Duration
Actual POC = (Total planned efforts for project - total
spent efforts(Present state))/ Total Planned efforts for
project.

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