Fiber To The Home Actuals versus Forecast

A leading service provider was experiencing project and budget overruns and could not identify the root cause. They needed a detailed review that compared the projected forecast to the actual project costs.

• Aligned with the senior executives on the approach to analyze costs
• Collected data on targeted projects
  • Forecasted material and labor costs
  • Actual material and labor charged
• Created an Excel model to help facilitate analysis
  • Created a data dictionary to cross reference material costs
  • Created a data dictionary to cross reference labor costs
  • Created common categorization between forecast and actual costs
• Identified and prioritized highest cost variances for each project
• Analyzed variances of each prioritized cost area
• Took corrective action to stop unnecessary expenses
• Reviewed findings with the client and provided recommendations

• The client was able to identify expenses on spare materials that should not have been charged to the projects, leading to a development of a separate sparing program.
• The client found that on over 10% of the projects, funds were being used to provide temporary HFC services not covered in the funding request.
• Overall, the client was able to understand what was actually being charged to the projects and better manage and control their expenses closing a 43% program variance.