Cost Variance Calculator

by Parakeeto

See if your project is on track by comparing what you planned to spend vs. what you've actually spent so far.

Assumes your current spending efficiency will continue for the rest of the project. This is the most commonly used forecast method.

$
$
Work Completed50%
0%100%
$
Forecasted Total Cost$110,000Projected to cost $110,000 in total
Cost Variance-$5,000Over BudgetOver budget by $5,000
Schedule Variance$0On ScheduleExactly on schedule
Cost Efficiency0.91Off TrackOnly getting $0.91 of value for every $1 spent
Schedule Efficiency1.00On TrackProgressing at 100% of the planned rate
Remaining Cost$55,000$55,000 still needed to complete the project
Budget Outlook-$10,000Over BudgetProjected to exceed budget by $10,000

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