Identify Who Will Handle the Variances

Some project variances might be so small that you don 't actually have to go through the entire "notify the sponsor, rewrite the scope, and get new sign- off" procedure. Recall that your cost and time estimates include a bit of a fudge factor in them, so if the deviation isn ' t a big deal, you and the project team can handle it. Alternatively, the deviation might be huge—definitely requiring the attention of the sponsor and stakeholders or change-control committee and the whole scope rewrite/reapproval process.

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