CONTROL PROCESS
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Project Variance Analysis (PMBOK® Guide 4.4)
| What: | Identifying differences between baseline plans and actual performance. | |
| When: | Project execution. | |
| Results: | Prompt recognition of project performance problems and issues. |
Verify Status
Variance analysis is central to project plan execution. It follows status collection in the project-tracking cycle. Before beginning to analyze variances, validate the status information. Check it for completeness and consistency with past data and with other current status and project metrics.
Determine Variances
Compare the status reported with your commitments from project baseline setting. Note all differences, both beneficial and harmful. Positive variances may provide opportunities ...
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