“What is the S Curve?”, have you ever asked this one thing? Something that you need to know, s-curve in project management is an essential thing.
S-curve is one of the most popular calculation methods used in the construction industry. Wrike.com said, S-curve in project management term is a mathematical graph depicting the cumulative data of a project. Such as the cost or duration of work time (man-hours) that have been used, or the percentage (%) of the time-work that was completed.
S Curve in project management functions to track the progress or progress of a project. Where, in a business climate that emphasizes the value of speed, project work must run and be completed according to a predetermined schedule and budget.
In general use, the S Curve is used to measure the progress of project work, evaluate performance, and serve as a consideration for making cash flow estimates. S Curve is widely used because it can display real-time cumulative data from various project elements and compare it with the projected data. If any element in the project appears to be evaluated, that can also be identified through this S Curve.