Some five to ten years ago, a Project Controls colleague asked an interesting question. It is about the analysis/reports that our PC Group completes periodically. Some of the reports are “as required” but most times on a fixed cycle; e.g. bi-weekly, monthly, quarterly and annually.
He asked us, “What are the attributes of a good variance analysis?”
Reflecting on the questions, all which matter most, came pouring forth. While writing the bulleted central piece of what a good analysis/report is like
