A limited waiver of development standards. The purpose is to allow flexibility through variations from development standards such as setbacks. Variances are usually changes to physical characteristics to allow for development.

The differences between the actual cost at a given point in time as related to the standard cost. It is a criteria for measuring performance of the actual cost of manufacturing the product to the planned standards costs.

The differences obtained from subtracting actual results from expected or budgeted results.

measures of financial performance derived by comparing actual expenses to original budget plans.

Approved uses of land outside the scope of an area’s zoning.