S CURVE
The S curve is a line chart that shows the planned versus actual cumulative costs for a project. The difference between the planned and the actual lines plotted on the chart indicates a positive or negative cost performance. Ideally, the planned and actual should match. The S curve can be plotted for individual groups of tasks or for an entire project.
The S curve offers several benefits. It allows you to determine the overall cost performance for a task, resource, or entire project. It also provides the means for anticipating potential cost problems in the future. Finally, it provides an audit trail on the overall performance of a project.
for Constructing and Using an S Curve
- Draw a horizontal line (x-axis) reflecting a time continuum ...
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