What are the most important skills for budget variance analysis?
Budget variance analysis is the process of comparing the actual results of a project, program, or organization to the planned or budgeted results. It helps to identify the causes and effects of deviations from the expected outcomes and to take corrective actions if needed. As an administrative manager, you need to have certain skills to perform budget variance analysis effectively and efficiently. In this article, we will discuss some of the most important skills for budget variance analysis and how to develop them.