(Beta) Analyze Variances between Budget Snapshots
Objective
To learn about the Analyze Variance feature in the Budget tool.
Background
If you maintain a project's budget in Procore, you can record how your budget changes over time with the snapshot feature. You might want to create a snapshot at the end of each month, after you update your budget, or when a specific curve affects a forecast.
Every project team needs to know what is changing month-over-month, so that risk can be identified and mitigated. With Procore’s “Analyze Variance” feature in the Budget, you can compare snapshots directly to each other, or to your Current Budget, to identify variance down to the most granular, line item level. This allows project teams to quickly and easily identify where things are shifting on the project, directly in the Budget, without the need for side spreadsheets.
Things to Consider 
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Required User Permissions:
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To create a snapshot, 'Standard' level permissions or higher on the project's Budget tool.
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To view all snapshots created by any user, 'Read Only' level permissions or higher on the project's Budget tool.
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Steps
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Navigate to the project's Budget tool.
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Click Analyze Variance.
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Complete the following:
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Comparison Snapshot. Select the snapshot you would like to compare against the data shown in your Budget.
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Columns to Display. Select if you want to view values from the Comparison and the Variance columns, the Comparison column only, or the Variance column only.
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Comparison Columns. Select which columns you want to select for analyzing variance.
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Click Save.
Your Budget updates with the columns you selected.
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Example
The image below shows the Estimated Cost at Completion column next to the values from a previous snapshot, along with a column showing the variance between the two values.
