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What is cost variance

User Eng
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2 Answers

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14 votes

Answer:

Cost variance is the difference between the actual cost incurred and the planned/budgeted cost at a given time on a project.

Step-by-step explanation:

User Sivasubramanian
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Cost variance is the difference between the actual cost and the planned or budgeted cost at a given time on a project.
User Blablatros
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