Example variance analysis used for
In scope control it is important to determine the cause of any unacceptable variance relative to the scope baseline. This can be done through —
a. Root cause analysis
b. Control charts
c. Inspections
d. Project performance measurements
Answer: d. Project performance measurements
Variance analysis
Variance analysis is a tool and technique for control scope. Project performance measurements are used to assess the magnitude of variance, to determine the cause of the variance, and to decide whether corrective or preventive action is required. [Monitoring and Controlling]