Paper discusses two quantitative decision tools: one based on actual variance and one based on probability of observing such a variance. Both are used in deciding when to explore budget variances. The two methods are: calculation of decision areas based on the cost of investigation and expected savings produced by an investigation: calculation of the variance as a function of both time remaining in schedule and budget remaining.Both methods can be programmed on a computer.Details of the application of either method are presented.


    Access

    Check access

    Check availability in my library

    Order at Subito €


    Export, share and cite



    Title :

    When Budget Variances Warrant Investigation by Engineering Project Management


    Additional title:

    Sae Technical Papers


    Contributors:

    Conference:

    National Aeronautic and Space Engineering and Manufacturing Meeting ; 1968



    Publication date :

    1968-02-01




    Type of media :

    Conference paper


    Type of material :

    Print


    Language :

    English




    Suggested Issues to Consider When Revising the Pedestrian Signal Warrant

    National Research Council (U.S.) | British Library Conference Proceedings | 2005


    ROUTE WARRANT METHOD

    HORNE CHRISTOPHER BARRY | European Patent Office | 2018

    Free access

    ROUTE WARRANT SYSTEM AND METHOD

    HORNE CHRISTOPHER BARRY | European Patent Office | 2016

    Free access

    Peak hour traffic signal warrant

    Henry, R. D. | TIBKAT | 1982


    ROUTE WARRANT SYSTEM AND METHOD

    HORNE CHRISTOPHER BARRY | European Patent Office | 2016

    Free access