From advanced nursing classes to courses in child development, the curriculum includes an array of both classroom-based and experiential courses that will provide the necessary knowledge and skills for working in pediatrics.
The Project Management Institute, however, endorses the accepted convention that a negative variance is a bad thing, and a positive variance a good thing. A variance is the difference between the projected budget and the actual performance for a particular account. A negative variance means that the budgeted amount was greater than the actual amount spent. A positive variance means that the budgeted amount was less than the actual amount spent. Note there is some debate over whether a negative variance means an underrun or an overrun.
The Volume variance represents the difference between the budget allowance and the standard expenses charged to work in process. If budget allowance is more than the standard expenses charged to production, the variance is called unfavorable volume variance. If budget allowance is less than the standard expenses charged to production, the variance is called favorable volume variance. Overhead volume variance is calculated when overall or net overhead variance is further analyzed using two variance method.