Blog

04thMay

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.

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