When a project is running exactly as predicted, there is no time variance to worry about. When events are happening ahead of schedule or behind schedule, you have a variance, which could pose ...

Financial word of the day: Heteroscedasticity describes a situation where risk (variance) changes with the level of a ...

A variance occurs when expenses such as revenue or labor are either more or less than what the company anticipated and budgeted for. Hospitality businesses such as hotels and restaurants can ...