variance analysis Reporting using proteus envision
Why Take This Course?
Designed specifically for Control Account Managers (CAMs), this course will equip you with the tools and techniques needed to master root-cause analysis and craft clear, impactful VARs. Learn to identify cost and schedule variances, perform thorough impact assessments, and propose effective corrective actions - all while adhering to the IPMR Format 5 or IPMDAR narrative summary required for government contracts. Through engaging real-world examples, hands-on exercises, and expert feedback, you'll gain the confidence to deliver precise and actionable reports that keep your programs on track.
This course is for organizations that use Proteus Envision software as part of their Earned Value management system.
Who Will Benefit?
Control Account Managers who are responsible for producing Variance Analysis Reports. Others who may participate in the process, including Program Managers, Integrated Product Team (IPT) Leads, Program Controls/EV Analysts or Program Financial Analysts.
What Will I Learn?
- Explain the significance of Variance Analysis Report (VARs) in managing cost and schedule performance
- Describe the IPMR Format 5 or IPMDAR narrative summary and why it's used in government contracts
- Define what constitutes a variance and how to calculate it
- Describe methods for identifying the underlying causes of variances
- Avoid common mistakes when writing VARs
- Use Proteus Envision Dashboard Apps to prepare VARs:
- Review variances and enter narratives in the Variance Analysis Report app
Click here for a PDF version of this course description.
