Effort Variance (EV)
Description
This metric gives the variation of actual effort vs. the estimated effort. This is calculated for each project Stage wise
Formula
· EV = [(Actual person hours – Estimated person hours) / Estimated person hours] * 100
Metric Representation
· Percentage
Calculated at
· Stage completion as identified in SPP
Calculated from
· Estimation sheets for estimated values in person hours, for each activity within a given stage and Actual Worked Hours values in person hours
Tuesday, January 20, 2009
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