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.
In its simplest form a budget is a plan or forecast in the form of a list, showing spending items and/or incoming revenue items, with a figure for each item. As time passes, actual spending or revenue may be entered into the list to compare with the originally budgeted figure.ere, a positive variance means that spending is over budget and a negative variance means that spending is under budget. However, note that this convention is not universally observed: some people prefer to show overspending as a negative figure by calculating variance as the planned figure less the actual figure.