R13-3 (Static) Schedule variance (SV)... Schedule variance (SV) is in dollars and does not directly represent time. Why is it still useful? multiple choice Research shows that after twenty percent of a large project is complete, SV is a relatively good indicator of schedule performance. Research shows that once eighty percent of a large project is complete, SV is a relatively good indicator of schedule performance. Time is money, and SV displays it as such. None of these answers is correct