Cost Variance is calculated as______.
A.
Earned Value Cost – Actual Cost
B.
the Actual Cost of Work Performed
C.
the Budgeted Cost of Work Scheduled
D.
Budget at Completion – Earned Value Cost
Explanation:
Computed as CV = earned value – actual costs. A negative value indicates that
actual costs have exceeded the value of work performed.
Reference: Field Map for Oracle Primavera P6 Reporting Database