Measuring variance: variance and forecast indicators
Measure project progress using performance indicators

The Variance and performance indicators and forecast calculation tool (Tool 1 ) provides the basic values for forecasting performance.

Forecasting calculations for the different project variants can then be established to assist the steering committee's decision via this tool.

Note the difference in the way variants are treated, depending on whether or not they fit in with the project budget (and the organization's projects), and the resulting calculations of remaining work to be done...