Earned Value Definitions
Variance at Completion with Earned Value (VACEV)

What is Variance at Completion with Earned Value (VACEV)? Earned Value Management explained.

Mia Rutherford
Mia Rutherford
June 11, 2023
5 min read

Variance at Completion with Earned Value (VACEV) represents the difference between the earned value and the actual cost of the project. It indicates the cost variance at the completion of the project based on earned value analysis. VACEV helps in evaluating the cost performance at the end of the project.

Calculation: VACEV = EV - AC

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