S Curve: Monitor the progress of your project
Posted: Mon Dec 09, 2024 9:50 am
The S-curve method is a mathematical graph with data representing cumulative figures to manage the progress of your project. These figures include the cost of materials or the hours of work by employees in relation to time.
It is carried out on a Cartesian diagram. Generally, the start of a project starts from a zero cost and gradually grows as the phases progress. Finally, it resumes a growth symmetrical to that of the initial phases.
How to draw an S curve?
In order to prepare an S curve, it is important to fantuan phone number data take into account the following information about the project.
Project overview.
Defining the scope of the project
Identification of both material and human resources available for the development of the project.
Realistic time estimate to develop the work.
Taking this information into account, it is enough to assign the cost value of each time value on the Cartesian diagram mentioned above. This will depend on the needs of each project and what is being emphasized with the graph. That is, time will be calculated in days, months, semesters or years depending on the duration of the project.
Knowing in depth the correct development of an S Curve graph to monitor the progress of the project allows the information to be captured on a graph. The purpose of this tool is to inform stakeholders about the periodic progress of the project.
The best way to use the S Curve for project monitoring is to contrast the project planning with the actual progress of the project. This allows for a periodic review to be made to show the work done, whether positive or improvable. The S Curve is a way to manage advances or delays according to the project schedule and budget.
In this regard, FUNIBER sponsors a variety of university program opportunities. Several of these programs are the Master's Degree in Design, Management and Project Direction and the Master's Degree in Design, Management and Direction of International Cooperation Projects.
It is carried out on a Cartesian diagram. Generally, the start of a project starts from a zero cost and gradually grows as the phases progress. Finally, it resumes a growth symmetrical to that of the initial phases.
How to draw an S curve?
In order to prepare an S curve, it is important to fantuan phone number data take into account the following information about the project.
Project overview.
Defining the scope of the project
Identification of both material and human resources available for the development of the project.
Realistic time estimate to develop the work.
Taking this information into account, it is enough to assign the cost value of each time value on the Cartesian diagram mentioned above. This will depend on the needs of each project and what is being emphasized with the graph. That is, time will be calculated in days, months, semesters or years depending on the duration of the project.
Knowing in depth the correct development of an S Curve graph to monitor the progress of the project allows the information to be captured on a graph. The purpose of this tool is to inform stakeholders about the periodic progress of the project.
The best way to use the S Curve for project monitoring is to contrast the project planning with the actual progress of the project. This allows for a periodic review to be made to show the work done, whether positive or improvable. The S Curve is a way to manage advances or delays according to the project schedule and budget.
In this regard, FUNIBER sponsors a variety of university program opportunities. Several of these programs are the Master's Degree in Design, Management and Project Direction and the Master's Degree in Design, Management and Direction of International Cooperation Projects.