Variance Analysis definition
Examples of Variance Analysis in a sentence
The Budget to Actual Variance Analysis should include thorough explanations for all actual income and expense account balances which vary from the month-to-month budget by 10% or from the year-to-date budget by 5% AND which exceeds the maximum allowable dollar variance amount of $5,000.
Standard Templates: The Property Management Company must provide monthly information via standardized templates required by Owner, such as Capital Expenditures, Budget to Actual Variance Analysis and Excess Cash Distribution.
Narrative MEMO 1 GB in Access 2003 Text of Variance Analysis Document OBJECT Document Attachment.
The types of data to be uploaded include: (1) ANSI/EIA- 748 Earned Value (EV) Data, (2) Earned Value Time-Phased Data, (3) Schedule Data, (4) Variance Analysis Data, and (5) Management Reserve Data.
ANSI/EIA-748 Earned Value Metrics Earned Value Time-Phased Incremental Cost and Quantity Data Management Reserve Data Schedule Data Variance Analysis Data Risk Data The required data elements shall be reported as provided by and consistent with the terms of the contract.
Contractor will provide a monthly Contract Performance Report (CPR) at an agreed upon reporting level (WBS level 3) using the Government provided WBS and a Variance Analysis Report.
The extracted data is leveraged in the modules Account Reconciliation, Consolidation Integrity Manager, and Variance Analysis.
The Contractor shall prepare and submit to the State on a monthly basis the following reports: Management, Operating Statement, Budget Variance Analysis, Itemized Invoice Requesting Payment, Copies of all invoices paid or for services rendered, Accident/Injury/Damage Claims, Revenue, and Preventative Maintenance Activities (Scheduled versus Performed).
Variance Analysis Report (VAR) The internal report completed by the Control Account Manager and submitted, through the Intermediate Manager, to the program manager for those Control Accounts which have variances in excess of established thresholds.
If the Government PM does not select the reportable WBS variances, then on each submission of Format 5 the contractor shall provide Variance Analysis for WBS elements with significant impacts to this contract.