How to Create Budget Variance using Analyze Variance option (Procore Web)
Role
PMs
Objective
To create budget variance for Recons.
Steps
- Select the Current Snapshot.
- Select “Analyze variance”
- Select the previous Recon month snapshot under “Comparison snapshot”
- Select “Variance column only” under “Columns to display”
- Check the box beside “Projected over under” under “Comparison columns”
- Select Save
- Add notes to explain the variance under the Notes column when required.
- 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.
Variance column will be added to 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.