Planned, earned, and actual labor
Sequence 1 · 1,000 MH budget · illustrative weekly history
Labor performance · EV ÷ AC
Earned MH per actual MH
Labor variance: ·
Schedule performance · EV ÷ PV
Earned MH per planned MH
Schedule variance: · budgeted MH, not days
Above 1.00: favorable · 1.00: on target · below 1.00: unfavorable
Ratios compare cumulative work at the status date. Schedule performance measures budgeted work, not days gained or lost. At full completion EV ÷ PV returns to 1.00, even if the work finished late.