Definition:
Variance Threshold refers to a predefined limit used to determine the significance of variances in project performance. It helps in distinguishing between minor fluctuations and major deviations that require management attention and corrective actions. Variance Threshold assists in focusing on the most critical variances affecting project objectives.
-
Make sure you never miss out! Sign up to our monthly newsletter to keep up with the biggest news stories in construction and the latest Raildiary updates. Full of our latest case studies, blogs and fun quizzes!
Rail Diary needs the contact information you provide to us to contact you about our products and services. You may unsubscribe from these communications at anytime. For information on how to unsubscribe, as well as our privacy practices and commitment to protecting your privacy, check out our Privacy Policy.
