Overspend / underspend.
If you're underspent on you project so far, how are you doing?
If you're overspent on you project so far, how are you doing?
In fact, if you diverge in either direction from your planned rate of spend you are probably going to end up over budget. This is because you are either
How can I tell if I am in fact ahead rather than over spent?
Conclusion - check your Gantt chart to get the other half of the story, and make the cost information come alive.
One thing to remember from all this: Underspend is probably not OK!
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