Determine Variances
Compare the status reported with the project baseline. Note all differences, both beneficial and adverse. Positive variances may provide options for project acceleration, and even small negative variances deserve your prompt attention while they are still manageable. Determine the overall effect of any changes, issues, problems, and risks to the project schedule and budget.
Schedule variances are generally the most visible. Note all work that is completed either early or late. For continuing activities expected to finish late, forecast the delay. Determine variances for all current activities, not just critical ones.
Assess any resource variances, noting differences between resource estimates and actual results. For earned ...
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