This template gives an overview of the number of projects experiencing a budget deviation, and stresses on projects that have recorded the highest budget variance during the specified period. This report can also help analyze the reason for the budget variance and gather insights around budget-related metrics such as schedule performance index, cost performance index, planned and earned value. These insights help understand the impact of budget variances on the overall ROI. These smart, auto-generated insights are based on the project budget and consumed budget for the considered period. These inputs enable the stakeholders to formulate corrective actions to minimize further budget variance.
Intended audience: The Project Management Budget Tracker report is meant for Senior Managers and the Finance Head.
Focus metrics: Budget Variance, Earned Value, Planned Value, Cost Performance Index, Schedule Performance Index
When to use: Use to identify high-risk projects in terms of budget deviation and to gain insights on reasons for the variances.
The template supports visual dashboards with relevant analytics written in natural-language summaries to provide data-driven insights for your team.
To use this template, simply download it, connect/upload your data to the dashboard, and run the report. Start by exploring our auto-generated business analytics and create a report effortlessly in a matter of minutes. The template gives you the flexibility to customize and add comments, analysis, and insights as per your needs if required.