![]() Special Cause of Variance, Variance, refers refers to unexpected glitches glitches that affect a process. Though a problem, they are an inherent part of a process. exactness.Ĭommon causes of variance are the usual quantifiable and historical variations in a system that are natural. Precision : Within Quality Management Management systems, a measure of exactness. Īccuracy : Within Quality Management systems, an assessment of correctness. Project Management Institute, A Guide to the Project Management Body of Knowledge, (PMBOK® Guide) – Guide) – Fifth Edition, Project Management Institute, Inc., 2013, Figure 8-8. Project Management Institute, Practice Standard for Earned Value Management, Second Edition, Project Management Institute, Inc. On Schedule On Budget On Schedule Over Budgetīehind Schedule Under Budget Behind Schedule On Budget Īhead Of Schedule Under Budget Ahead Of Schedule On Budget Project Management Institute, A Guide to the Project Management Bo dy of Knowledge, PMBOK(® Guide) – Guide) – Fifth Edition, Project Management Institute, Inc., 2013, Figure 5-4. Project Management Institute, A Guide to the Project Management Body of Knowledge, (PMBOK® Guide) – Guide) – Fifth Edition, Project Management Institute, Inc., 2013, Figure 4-12. ![]()
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