How to Create Budget Variance using Analyze Variance option (Procore Web)

Role

PMs

Objective

To create budget variance for Recons.

Steps

https://help.buttcon.com/article/132-how-to-change-the-budget-views-procore-web

1. Select the Current Snapshot and previous month Recon Snapshot beside Comparison Snapshot

2. Under the Group drop down menu select Cost Code Tier 1

3. Select “Analyze variance" option beside the Projected over Under column.

4. Select the Configure option and turn off “Comparison data"

5. Add notes to explain the variance under the Notes column when required.

6. Once the forecasting is completed, create current month Recon Snapshot to show the variance and notes. You will then ensure when printing your budget, you are printing from the saved snapshot so that the title appears on the printout.

See below how to create a Snapshot

https://help.buttcon.com/article/60-how-to-create-budget-snapshot-procore-web

Variance column will show in Procore Budget as shown below.

Also, when the budget pdf is exported, Variance column will be shown as below.

For more information on Budget tool, please refer to the coordinating manual linked below.

Operations Coordinating Manual