CONTROL PROCESS67Project Variance Analysis (PMBOK® 4.4, Monitor and Control Project Work)
What: |
Identifying differences between baseline plans and actual performance. |
When: |
Project execution and control. |
Results: |
Prompt recognition of problems and issues. |
Verify Status
Project variance analysis is central to project plan execution. It follows status collection in the project-tracking cycle. Before beginning to analyze variance, validate the status information. Check it for completeness, consistency with past data, and credibility compared with other current status and project information.
Determine Variances
Compare the status reported with your commitments from project baseline setting. Note all differences, both beneficial and adverse. ...
Get The Project Management Tool Kit: 100 Tips and Techniques for Getting the Job Done Right now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.
