What is variance analysis?
Forecast-versus-actual analysis: Variance = Actual − Forecast. The feedback loop that classifies each difference (timing, permanent, operational, market) and updates the forward forecast.
Where you will use it: this term comes up in the Real Estate Finance course, and the full course glossary collects every term in one place.
Related terms
From the free Real Estate Finance course by Devon Coombs, CPA, MBA.