budget-sec12C_6

budget-sec12C_6 - Variance Analysis: William J. Ward, Jr.,...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: Variance Analysis: William J. Ward, Jr., MBA When to Look at Variances Upper management’s expectations Pre-established corridor Section C When to Look and What to Do 2 Pre-Established Corridor Pre-Established Corridor X $ X X X X X X X $ X X X X X X X X X X X X Time Time 3 Pre-Established Corridor Pre-Established Corridor X $ X X X X X X 4 X $ X X X X X X X Time X X X X X Time 5 6 Variance Analysis: William J. Ward, Jr., MBA When to Look at Variances When to Look at Variances Upper management’s expectations Pre-established corridor Tied to frequency of reports Ad hoc analysis of staffing by shift Upper management’s expectations Pre-established corridor Tied to frequency of reports Ad hoc analysis of staffing by shift But don’t look at . . . 7 When to Look at Variances 8 After the Analysis Is Finished Upper management’s expectations Pre-established corridor Tied to frequency of reports Ad hoc analysis of staffing by shift But don’t look at . . . Simplification Communication 9 After the Analysis Is Finished 10 Lecture Evaluation Communication Action planning Anticipation Strategic thinking Please take a moment to evaluate this lecture. Your feedback is very important and will be used for future revisions. The Evaluation link is available on the lecture page. 11 12 ...
View Full Document

Page1 / 2

budget-sec12C_6 - Variance Analysis: William J. Ward, Jr.,...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online