What variances can you identify on your project to date?

There have been several variances identified on this project to date, including timeline delays due to unanticipated challenges with obtaining necessary materials and changes in the technical scope due to regulatory requirements. In addition, there were unforeseen costs associated with software components that were not included in the initial budget estimates.

To address these issues, our team implemented contingency plans by exploring alternative sources for materials and negotiating revised payment terms to mitigate financial losses incurred from scope changes. Furthermore, we also adjusted our timelines to accommodate any potential delays or setbacks caused by external factors outside of our control such as vendor availability or technological limitations.

Despite these variances, our team was able to remain focused on delivering a quality product according to its original purpose while readjusting the budget limits whenever possible.