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.
Unfavorable variance is an accounting term that describes instances where actual costs are greater than the standard or expected costs. Unfavorable variance is an accounting term that describes instances where actual costs are greater than the standard or expected costs. An unfavorable variance can alert management that the company's profit will be less than expected. The sooner an unfavorable variance is detected, the sooner attention can be directed towards fixing any problems.