Variances Between Costing Runs 

Use

If you have executed multiple costing runs with different costing variants, you can use the reporting variant Variances in Costing Runs in the report Summarized Analysis: Costing Run to compare the costing results of two different costing runs and to display the variances between the values of both costing runs. Materials with extremely high variances between the values of both costing runs can be highlighted with red traffic lights.

The report offers you a range of preselected data. You can modify this structure to suit your own requirements by creating your own layouts.

1. Enter the necessary selection criteria in the selection screen.
2. You can define exceptions if necessary.

Exceptions are used to highlight particularly large variances between costing runs by using traffic light symbols (red/yellow/green). These traffic light symbols are used when certain values exceed a predefined threshold (i.e. the variance between the values from both costing runs exceeds $100). You specify the reference for the threshold value. The percentage and absolute threshold values you specify tell the system by how much the reference value must be exceeded before it displays a traffic light symbol on the material.

For example, you can specify that:

1. A red light is shown at all materials with variances between the cost estimate value in costing run 1 and costing run 2 of greater than 10%
2. A yellow light is shown at all materials with variances between the cost estimate values of costing run 1 and costing run 2 between 10% and 5%

You can specify whether only the exceptions are displayed (red and yellow), or all costed materials. If your costing runs contain a large number of materials, it is recommended that you only display the exceptions.

If you don’t want to see any exceptions, either set the comparison value to 00 <no comparison value> or don’t enter any threshold values.

3. You can also specify whether positive and negative variances are displayed.