Actual Cost x Budget

Budget execution must represent the complete physical execution of a Project.

1 – Cost Efficiency

  • Does the final COST of your projects match the planned BUDGET?
  • Do purchase DESIMBURSEMENTS during a Project bring you SURPRISES?
  • Can you detect Project COST DEVIATIONS during checkpoint meetings?
  • Can you determine the impact of COST DEVIATIONS on a project?

2 – Schedule Domain

  • Can you determine at any given time Project SCHEDULE variances?
  • Can you determine the impact of a SCHEDULE variation to a Project OUTCOME?

3 – Compliance

  • How do you know that the information you receive has not been manipulated?
  • Can you track changes in your system?
  • Are reports hard to get?