Project Cost Variance Control
Sample / Demonstration Case Study — Budget vs actual analysis with BOM/scope change tracking.
Sample / Demonstration Case Study
Situation
Active installation project (PRJ-ATL-2401) showed 5% cost overrun at 60% completion with forecast indicating 8% final overrun.
Analysis
Identified drivers: BOM revision added 12 items post-approval, installation delay added 3 weeks labor, missing parts caused emergency freight ($45K), change orders not reflected in LE.
Actions
Implemented weekly cost review, change order log with finance sign-off, BOM-to-budget reconciliation at each phase gate.
Results (Demo)
Final overrun contained to 6.2% vs projected 8%. Lessons learned captured for future project setup checklist.
This is a Sample Business Case demonstrating project controlling methodology.