Project Schedule Variance
2 July 2021
Project Schedule Variance (PSV) is a measure of the extent to which projects are delivered on schedule.
Project Schedule Variance (PSV) = SCT – ACT
Where ACT is the Actual Completion Time
And SCT is the Scheduled Completion Time
This indicator is included in the book: Key Performance Indicators – the 75+ measures every manager needs to know, which contains an in-depth description of this KPI, as well as practical advice on data collection, calculations, target setting, and actual usage.
Related Articles
The Simple ChatGPT Trick That Will Transform Your Business AI Interactions
I believe ChatGPT and other generative AI tools can help pretty much any business.[...]
The Third Wave Of AI Is Here: Why Agentic AI Will Transform The Way We Work
The chess pieces of artificial intelligence are being dramatically rearranged. While previous iterations of AI focused on making predictions or generating content, we're now witnessing the emergence of something far more sophisticated: AI agents that can independently perform complex tasks and make decisions.[...]
How Generative AI Will Change Jobs In Cybersecurity
Ensuring robust cybersecurity measures are in place is more important than ever when it comes to protecting organizations and even governments and nations from digital threats.[...]
The 10 Most Important Banking And Financial Technology Trends That Will Shape 2025
As technological disruption and economic uncertainty continue to reshape the financial landscape, alongside dramatic shifts in consumer behavior and regulatory requirements, 2025 promises to be both challenging and opportunistic for banking and financial services.[...]
The 6 Most Powerful AI Marketing Trends That Will Transform Your Business In 2025
The quiet hum of AI servers is rapidly drowning out the traditional drumbeat of marketing departments worldwide.[...]
AI Everywhere – Scaling AI In The Cloud With Intel® Xeon®6
Today, the omnipresent AI that we’re starting to take for granted has become a critical tool for business.[...]
Sign up to Stay in Touch!
Bernard Marr is a world-renowned futurist, influencer and thought leader in the fields of business and technology, with a passion for using technology for the good of humanity.
He is a best-selling author of over 20 books, writes a regular column for Forbes and advises and coaches many of the world’s best-known organisations.
He has a combined following of 4 million people across his social media channels and newsletters and was ranked by LinkedIn as one of the top 5 business influencers in the world.
Bernard’s latest book is ‘Generative AI in Practice’.
Social Media