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← KPI Glossary
Construction & Trades

Schedule Variance

Difference between planned and actual project completion dates. Measures planning accuracy and site management effectiveness.

What is Schedule Variance?

Schedule Variance is defined as: Difference between planned and actual project completion dates. Measures planning accuracy and site management effectiveness.

What data source is used to measure Schedule Variance?

Schedule Variance is typically measured using data from a Project Management. This system of record provides the transactional and operational data required to calculate and monitor this metric accurately and in real time.

Typical Data SourceProject Management

Which industries track Schedule Variance?

Schedule Variance is a key performance indicator used across the following sectors:

  • ›Construction & Trades

How does Firehawk Analytics measure Schedule Variance?

Firehawk Analytics connects directly to your Project Management and delivers a live Schedule Variance dashboard. Configuration is completed within 48 hours — no data analyst required on your team.

More metrics from Construction & Trades

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Project Gross Margin

Revenue minus direct costs (labour, materials, subcontractors) as a percentage of project revenue. The primary profitability indicator per job.

Construction & Trades
Job Costing SystemView →

Defect Rate

Track Schedule Variance in your business

In 48 hours, you'll have a live Schedule Variance dashboard connected to your Project Management.

Browse all KPI definitions →

Number of defects or rework items per project or per $M revenue. A quality indicator that directly impacts margin and reputation.

Construction & Trades
Quality Management SystemView →

Labour Productivity Rate

Output value per labour hour on site. Measures how efficiently the workforce converts time into completed work.

Construction & Trades
Timesheet / Job CostingView →