EVM Contract Performance – Cost Variance

by Humphreys & Associates | June 1, 2022 6:00 am

No project is ever without some cost variance. Whether it’s the price of materials changing or workers going over budget, costs always seem to creep up on projects. But what can you do to minimize the impact of cost variance on your project? By understanding where these costs come from and planning for them ahead of time, you can keep your project on track despite any bumps in the road. Check out this blog post for more tips on how to handle cost variance in your next project.

Cost Variance may be calculated as part of a Variance Analysis Report or while monitoring an existing contract’s performance.

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EVMS Document Matrix

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