GRS 1915+105, one of the two known galactic microquasars, shows an ext
remely complex variability in the X-ray band, comparable to no other X
-ray source in the sky. Making use of RXTE/PCA data, we have analyzed
the X-ray spectral distribution throughout the variability. We find th
at all variations can be attributed to the rapid appearance and disapp
earance of the inner region of an optically-thick accretion disk. Sinc
e the time scale for each event is related to the maximum radius of th
e disappearing region, the difference in time structure is due to the
time distribution of such radii. The observed relation between the ext
ent of the missing inner region of the disk and the duration of an eve
nt is in remarkable agreement with the expected radius dependence of t
he viscous time scale of the radiation-dominated region of an accretio
n disk.