Project Budget Variance¶
Metadata¶
| Property | Value |
|---|---|
| Type | metric |
| Domain | projects |
| Status | active |
| Version | 1.0 |
| Owner | Project Manager |
| Steward | Project Management Office |
Definition¶
The difference between actual project spend and the approved project budget at a given point in time.
Description¶
Project budget variance is used to monitor cost control on projects and to trigger corrective action when spend deviates materially from plan.
Metric Kind¶
derived
Unit¶
currency
Grain¶
project by period
Calculation¶
actual_project_spend - approved_project_budget
Dimensions¶
- project
- period
Sources¶
- projects.project_management_records
- Accounting/ERP system/72HR
Related¶
finance.budget_variance
Source¶
This page is generated from the canonical definition definitions/metrics/projects.budget_variance.yaml.
Do not edit this generated page directly.