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.
Estimating a project’s cost is an art in itself. But it doesn’t stop when you find your totals.…
Effective project planning lays the groundwork for success yet challenges often arise beyond the initial blueprint. Among these…
Related resources
9 benefits of using a Project Controls Software
Keeping a project under “control” can be very challenging. Here’s a list of the 5 greatest benefits of using a project controls software with advanced technologies.
Keeping a project under “control” can be very challenging. Here’s a list of the 5 greatest benefits of…
Read blog article5 cost estimation techniques supported by Cleopatra's software
Learn which project cost estimating techniques you can apply with an advanced software tool to develop more accurate cost estimates for your projects.
Learn which project cost estimating techniques you can apply with an advanced software tool to develop more accurate…
Read blog article