The Variance Analysis Turnaround Document contains BCWS, BCWP, ACWP, cost and schedule variances by WBS for the selected period. You can distribute this document to management to request justification for variances.
Access the Variance Analysis Turnaround Document Report Conditioning Window by selecting Variance Analysis Turnaround Document on the Reports tab.
You can limit this report to include only:
a particular WBS leg, element type, or level of the WBS
specific WBS Aliases, Managers, Cross-References, recurring/nonrecurring items
OBS performing/responsible departments, a specific department, a specific CLIN
only those WBS elements which are Out of Tolerance
You can choose to calculate LRE values using your choice of these formulas:
Cum ACWP + ETC
Cum ACWP through Gate Month + ETC 1
Cum ACWP + [BAC – cum BCWP]
Cum ACWP + [BAC – cum BCWP] / [CPI * SPI] 2
Cum ACWP + [[cum BCWS + ETC] – cum BCWP]
BAC
BAC / CPI 2
1 The Gate Month is used to report Actual values through the Gate Month and ETC values are reported after the Gate Month.
2 Since this calculation involves division, a simple rollup of LRE values is not appropriate. The value for each WBS LRE is obtained by calculating the LRE at the EOC level then summing the individual LRE's to get the WBS total. Parent WBS's are calculated in
You choose which Cost Element to depict in this report: Prime Dollars, Total Burdened, Total Cost, or Total Dollars.
Variance thresholds are used to determine if a WBS element’s schedule, cost, or at complete variance are out of tolerance. You can enter both a fixed dollar amount and/or a percentage for monthly, cumulative, and at complete. If one or more of the variances is out of tolerance, the element shown on the report and the out of tolerance variances are marked with an asterisk.
To access the WBS Threshold dialog box, use the WBS Threshold field on the WBS applet.