infographic

Variance Analysis in Cleopatra Enterprise

May 4, 2021

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.

Related resources

Keeping a project under “control” can be an extremely challenging process. Project controllers need to be alert and…

Read blog article

As a cost engineer looking for a cost estimating software tool to create and manage estimates, one of your most…

Read blog article