Variance analysis is a form of measurement that can be used by
management to determine where differences are acceptable and where more focus
should be placed to improve overall performance of the business. As a future
business owner or manager, you need to understand how one could use variance
analysis as a daily management tool.
For this module’s project piece:
- In a 1-2 page Word document, describe how you would use
variance analysis against this project’s previously defined cost objects,
drivers, budget, and decision making framework.
- Specific attention should be placed on how this
analysis would be used as a tool by management to correct issues that
My business is
Please make this 1-2
pages and in APA format.
Please include a
reference page and site sources within the paper.