S–Curve is one of the essential elements of project management, and
it's used to track the general progress or a project's progress.
Usually, S-Curve will measure work progress, make cash flow estimates,
and evaluate performance.
One of the reasons industries use S-Curve is its ability to showcase
real-time cumulative data drawn from different project elements and
compare it with the projected data.
Now, let's look at what S-Curve is in project management and focus on
its most important elements.
WHAT IS AN S-CURVE DIAGRAM?
As we mentioned earlier, S-Curve is a math graph that shows important
cumulative data, like man-hours or costs, plotted against time.
The S shape isn't something that's developed or forced. It's only the
shape a graph assumes when the project's expected growth is very low
during the initial stage of the project.
In this early stage, the project is just starting to unravel while
team members perform industry research or are engaged in the first
phase of project ...