Page 14 - IT Project Management Framework - Closeout
P. 14
Develop Closeout Report
Performance, Cost and Schedule Variance
• The deviation between project result and project plan is inevitable.
• Part of this activity involves identifying the variances from the baseline plans, in terms of project performance,
project cost and schedule.
• Besides stating the planned and actual figure, it is important to state the variances and, most important, an
explanation of why such variances exist.
Baseline Final Result
Compare the variance between the actual and baseline Performance Goals, Project Cost and Schedule
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