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What is a budget variance?
A budget "variance" is the difference between planned and actual performance.
What is difference between actual end date and planned end date expressed as percentage of planned duration?
The difference between the actual end date and the planned end date can be calculated by first determining the duration between these two dates. This difference is then expressed as a percentage of the planned duration by dividing the difference by the planned duration and multiplying by 100. For example, if the planned duration is 30 days and the actual end date is 5 days late, the percentage difference would be (5/30) * 100, which equals approximately 16.67%. This metric helps assess project performance and schedule adherence.
What is the difference between actual condition and set points?
Actual conditions refer to the real-time measurements or values of a system's parameters, such as temperature, pressure, or flow rate. Set points, on the other hand, are the desired target values that a system aims to achieve or maintain. The difference between the two helps in assessing performance and determining necessary adjustments to bring actual conditions in line with the set points. This feedback loop is crucial for effective control and optimization in various processes.
What is the difference between a sample and a census?
A Census is the type of survey for a complete population. A Sample Survey is only a portion of the population which is used to make predictions on the representation of the actual population.
What is the difference between individual differences variables and manipulated variables?
An individual difference variable are variables that occur naturally and that a researcher cannot assign a participant to. These include gender, age, height, etc. A manipulated variable a researcher can assign a person to such as a placebo group vs the actual medicine.
What is the Difference between nominal and actual cooling capacity?
In general actual capacity is bit less than the nominal capacity of any form
Which type of lease makes you responsible for any difference between the actual and estimated depreciation on the car you lease?
Open-end lease
What type of lease makes you responsible for any difference between the actual and estimated depreciation on the car you lease?
Open End lease
What is the difference between estimated cost and actual cost?
Estimated cost is the budgeted cost according to the original Project Management. Actual cost represent the actual payments (actual cost of the project). Your question seems related to earned value analysis, which is essentially comparing the budgeted cost/hours against the actual cost/hours.
What is the difference between actual costs and budgeted costs?
Actual Costs are costs which have occurred and can be reliably measured. Budgeted Costs are costs which have been estimated, possibly by using Forecasted Costs.
Write a subtraction sentence that has an estimated difference of 100 but an actual difference that is near zero?
100-99=1
Fixed-overhead budget variance?
Fixed overhead budgeted variance is the difference between estimated budgeted cost and actual fixed overhead cost of production.
The difference between actual and standard cost caused by the difference between the actual quantity and the standard quantity is called the?
The difference between actual quantity and standard quantity is called the material quantity variance.
What difference between nominal capacity and actual capacity?
Nominal capacity refers to the theoretical maximum output a system can achieve under ideal conditions, while actual capacity represents the real-world output, which often falls short due to factors like machine efficiency, maintenance issues, and operational constraints. In essence, nominal capacity is an optimistic estimate, whereas actual capacity reflects the practical limitations and inefficiencies encountered in production or service delivery. Understanding this difference is crucial for effective resource planning and performance evaluation.
What is the difference between the jack used in actual prices and in the lab?
There is no difference between the jack used in the actual sense and in the lab.
What is the actual difference between 7.0 cu ft and 7.5 cu ft capacity in clothes dryer?
6"by 6"by" 6"= .5 Cu Ft
What is the difference between actual jewelry value and appraisal?
The actual value of a piece of jewelry is the current price the market will determine if the jewelry is sold today. An appraisal is an estimated price the jewelry will sell for if the market and demand is ideal.
