variance of estimated cost of materials

简明释义

材料估计成本差异

英英释义

The variance of estimated cost of materials refers to the statistical measure that represents the degree of variation or dispersion in the estimated costs associated with materials used in a project or production process.

材料估算成本的方差是指与项目或生产过程中使用的材料相关的估算成本的变化或离散程度的统计度量。

例句

1.The project manager reviewed the report on the variance of estimated cost of materials to identify any budget discrepancies.

项目经理审查了关于材料估算成本差异的报告,以确定是否存在预算差异。

2.The finance team is concerned about the variance of estimated cost of materials affecting the overall project budget.

财务团队担心材料估算成本差异会影响整体项目预算。

3.During the audit, the accountant noted a significant variance of estimated cost of materials compared to the actual expenses.

在审计过程中,会计注意到与实际支出相比,存在显著的材料估算成本差异

4.Understanding the variance of estimated cost of materials helps in making informed decisions for future projects.

理解材料估算成本差异有助于为未来的项目做出明智的决策。

5.To minimize the variance of estimated cost of materials, we need to refine our procurement process.

为了最小化材料估算成本差异,我们需要优化采购流程。

作文

In the world of project management and construction, understanding costs is crucial for ensuring that projects are completed on time and within budget. One important aspect of cost management is the variance of estimated cost of materials. This term refers to the difference between the budgeted cost of materials and the actual cost incurred during a project. Managing this variance effectively can lead to better financial outcomes and project success.When a project begins, estimates for material costs are typically created based on historical data, supplier quotes, and market trends. These estimates serve as a benchmark for budgeting and help project managers allocate resources efficiently. However, as a project progresses, various factors can influence the actual costs of materials, leading to a variance of estimated cost of materials.For instance, fluctuations in market prices, unexpected supply chain disruptions, or changes in project specifications can all contribute to this variance. If the actual costs exceed the estimated costs, it can result in budget overruns, which may jeopardize the overall financial health of the project. Conversely, if the actual costs are lower than estimated, it can provide additional funds that could be reallocated to other areas of the project.To manage the variance of estimated cost of materials, project managers must continuously monitor and analyze costs throughout the project's lifecycle. This involves regular communication with suppliers, tracking market trends, and adjusting budgets as necessary. By keeping a close eye on these factors, project managers can identify potential issues early on and take corrective actions to mitigate risks.Another effective strategy is to incorporate contingency plans into the budget. This means setting aside a portion of the budget to cover unforeseen costs related to materials. By anticipating possible variances, project managers can reduce the impact of unexpected expenses on the overall project budget.Furthermore, utilizing software tools for project management can significantly enhance the ability to track and analyze the variance of estimated cost of materials. Many modern project management software solutions offer features that allow for real-time tracking of costs, enabling managers to make informed decisions quickly. These tools can also generate reports that highlight variances, making it easier to communicate with stakeholders about the project's financial status.In conclusion, the variance of estimated cost of materials is a critical concept in project management that can significantly impact the success of a project. By understanding the factors that contribute to this variance and implementing strategies to manage it effectively, project managers can improve their chances of delivering projects on time and within budget. Ultimately, effective cost management not only benefits the project team but also enhances client satisfaction and contributes to the overall reputation of the organization involved in the project.

在项目管理和建筑领域,理解成本对于确保项目按时完成并在预算内至关重要。成本管理的一个重要方面是材料估算成本的差异。这个术语指的是预算的材料成本与项目实际发生的成本之间的差异。有效管理这种差异可以带来更好的财务结果和项目成功。当项目开始时,材料成本的估算通常是基于历史数据、供应商报价和市场趋势进行的。这些估算作为预算的基准,并帮助项目经理有效分配资源。然而,随着项目的进展,各种因素可能会影响材料的实际成本,导致材料估算成本的差异。例如,市场价格波动、意外的供应链中断或项目规格的变更都可能导致这种差异。如果实际成本超过估算成本,可能会导致预算超支,这可能危及项目的整体财务健康。相反,如果实际成本低于估算成本,则可以提供额外资金,这些资金可以重新分配到项目的其他领域。为了管理材料估算成本的差异,项目经理必须在项目生命周期内持续监控和分析成本。这涉及与供应商的定期沟通、跟踪市场趋势以及必要时调整预算。通过密切关注这些因素,项目经理可以及早识别潜在问题,并采取纠正措施以降低风险。另一个有效的策略是将应急计划纳入预算。这意味着预留一部分预算以覆盖与材料相关的不可预见成本。通过预见可能的差异,项目经理可以减少意外费用对整体项目预算的影响。此外,利用项目管理软件工具可以显著增强跟踪和分析材料估算成本的差异的能力。许多现代项目管理软件解决方案提供实时成本跟踪的功能,使管理者能够快速做出明智的决策。这些工具还可以生成突出差异的报告,使与利益相关者沟通项目财务状况变得更加容易。总之,材料估算成本的差异是项目管理中的一个关键概念,可能会对项目的成功产生重大影响。通过理解导致这种差异的因素并实施有效的管理策略,项目经理可以提高按时交付项目并控制预算的机会。最终,有效的成本管理不仅有利于项目团队,还提升了客户满意度,并有助于提升参与项目的组织的整体声誉。

相关单词

variance

variance详解:怎么读、什么意思、用法

estimated

estimated详解:怎么读、什么意思、用法