During the school year a position should be no longer than 15-20 hours a week. The time commitment should reflect how substantial the position/internship project is -- you should be able to easily fill up the internsâ hours with projects related to the position description.(See Chart Above).uring the school year a position should be no longer than 15-20 hours a week. The time commitment should reflect how substantial the position/internship project is -- you should be able to easily fill up the internsâ hours with projects related to the position description. (See Chart Above).
There are three primary causes of budget variance: errors, changing business conditions and unmet expectations. Errors by the budget creators can occur when the budget is being compiled. There are a number of reasons for this, including faulty math, using the wrong assumptions and relying on stale or bad data. Changing business conditions, including changes in the overall economy, can cause budget variances.
There is an unfavorable cost variance when the actual cost incurred is greater than the budgeted amount. There is a favorable cost variance when the actual cost incurred is lower than the budgeted amount.Whether a variance ends up being positive or negative is partially due to the care with which the original budget was assembled.ost variances are most commonly tracked for expense line items, but can also be tracked at the job or project level, as long as there is a budget or standard against which it can be calculated. These variances form a standard part of many management reporting systems.