In the execution phase of a project, it is indispensable for management to have early insights into occurring problems, so corrective actions can be taken and implemented in time. But on big projects with hundreds of changes on a daily basis, it can be challenging to track all changes and problems. That is where a detailed Variance Analysis Report comes into play. A report that includes specific data about deviations between budget and actuals allows management to alleviate project risk and make well-informed decisions.
Monitoring deviations is one thing, explaining the origin is just as important. For this purpose Cleopatra introduces the variance analysis functionality. Through a visual representation of the variances you no longer have to spend hours searching for explanations. By zooming in you can focus on the variances that really matter.
Change orders in projects are the norm, not the exception, so the seasoned project manager won’t be stumped…
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