Schedule Variance definition

Schedule Variance means, in respect of a period of time, Earned Value less Planned Value during such period of time.
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Schedule Variance means an extension of a task or contract completion schedule that does not result in the change to the original contract scope of Services or Total Contract Price.
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Examples of Schedule Variance in a sentence

  • For projects under OSCIO oversight, the completed Quality Control reviews and reports, including their related Quality Checklists, are inputs to the Deliverable 4.1, Quarterly Quality Assurance Status and Improvement Reports and related OSCIO Project Assessment and Project Budget and Schedule Variance Reports (Appendix E to the Scope of Services).

  • Presentations5 The Authorized Purchaser and the QMS Consultant should use as a guide for this Deliverable the QA Status and Improvements Report template, Project Assessment Report template, and the Project Budget and Schedule Variance Report template.

  • The Authorized Purchaser and the QMS Consultant should use as a guide for this Deliverable the QA Status and Improvements Report template, Project Assessment Report template, and the Project Budget and Schedule Variance Report template.

  • FORMULAE Cost Variance CV = BCWP - ACWP Cost Variance in % CV% = (CV / BCWP) x 100 Cost Performance Index CPI = BCWP / ACWP To Complete Performance Index TCPI = (BAC - BCWP (cum)) / (EAC - ACWP (cum)) or Work Left/Funds Left Schedule Variance SV = BCWP - BCWS 77 Earned Value Analysis E.V.A..

  • What it Means SV - Schedule Variance is obtained by comparing budget with earned.

  • SOW - Statement Of Work SV - Schedule Variance A negative means that you haven’t done as much as you planned.

  • EAC - Estimate at complete Expressed as a single number ETC - Estimate to complete Expressed as a series of figures e.g. monthly totals CV - Cost Variance BCWP - ACWP = CV SV - Schedule Variance BCWP - BCWS = SV CPI - Cost Performance Index BCWP/ ACWP = CPI How much it really costs to earn one pound of budget.

  • The reporting data elements are: • Monthly BCWS, BCWP, ACWP, Cost and Schedule Variance • Cumulative-to-Date BCWS, BCWP, ACWP, Cost and Schedule Variance • Cost Budget at Complete • Cost Estimate to Complete • Reprogramming Adjustment – Cost Variance • Reprogramming Adjustment – Budget The reporting format is noted in Tables 3.6.1, 3.6.2 and 3.6.3, below.

  • Actual Hours Work (per task and per team member)  Completed Tasks and Achieved Milestones  Schedule Variance Measured performance in turn provides output to status reports and progress reports, as well as status meetings and steering committee meetings.

  • It will include, as applicable: Project Programmed Budget, Project Schedule, Variance Application and LFI Information.

Related to Schedule Variance

  • Permitted Variance has the meaning given in Section 6.15.

  • Tariff Schedule means the tariff schedule contained in Annexure B to this Access Arrangement or, if Envestra has published a revised tariff schedule, the tariff schedule in effect from time to time.

  • Monitoring Requirements Schedule means the Schedule containing details of the monitoring arrangements.

  • Order Schedule means an MSC Order Schedule (or other order document) agreed to by Customer and MSC, and which incorporates this Agreement, by reference or otherwise, and sets forth, among other things, the Software, Maintenance and/or Services ordered.

  • Schedule III bank means an authorized foreign bank named in Schedule III of the Bank Act (Canada);

  • Schedule B herein mean Schedule B attached hereto as constituted on the Effective Date, and thereafter as it may be amended from time to time (deemed or in writing) pursuant to Section 16 or 19(l).

  • Schedule F means internal revenue service schedule F (form 1040) filed by a taxpayer pursuant to the Internal Revenue Code.

  • Summary report means the year end report containing the summary of a

  • Schedule of Charges means the schedule as seen in clause 2.5.

  • Schedule C means internal revenue service schedule C (form 1040) filed by a taxpayer pursuant to the Internal Revenue Code.

  • Schedule 4 means Schedule 4 to ITEPA;

  • ORSA summary report means a confidential high-level summary of an insurer or insurance group's own risk and solvency assessment.

  • Variance means a grant of relief from the requirements of this chapter which permits construction in a manner that would otherwise be prohibited by this chapter.

  • Asset Schedule means with respect to any Transaction as of any date, an asset schedule in the form of a computer tape or other electronic medium (including an Excel spreadsheet) generated by Seller and delivered to Buyer and the Custodian, which provides information (including, without limitation, the information set forth on Exhibit E attached hereto) relating to the Purchased Mortgage Loans in a format reasonably acceptable to Buyer.

  • Schedule 2 means Schedule 2 of this Licence unless otherwise stated;

  • Schedule means a schedule to this Agreement.

  • Variance Report shall have the meaning assigned to such term in Section 5.01(g).

  • Schedule E means internal revenue service schedule E (form 1040) filed by a taxpayer pursuant to the Internal Revenue Code.

  • Maintenance Schedule means a document which describes the specific scheduled maintenance tasks and their frequency of completion necessary for the safe operation of those aircraft to which it applies;

  • Construction Schedule means a construction schedule indicating the planned start and completion dates of the major activities of the Work as set out in Appendix [ ], a future Appendix;

  • Policy Schedule means a schedule attached to these Terms and Benefits, which sets out, among others, the Policy Effective Date, Renewal Date, the name and the relevant particulars of the Policy Holder and the Insured Person, the eligible benefits, premium and other relevant details in respect of these Terms and Benefits.

  • Approved List means Securities followed by the Global Fundamental Research Group and tracked on the Approved List. Securities may be added, removed, or undergo periodic ratings changes.

  • Compliance schedule means a schedule of events, by date, which will result in compliance with these regulations.

  • DIP Budget means the “Approved Budget” as defined in the DIP Term Facility Order.

  • Specification Schedule means the Schedule containing details of the Specification.