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November 25, 2009

S-Curves for Everyone!

In project management terms, S-Curves generally relate to plotting project costs & units over time. You can see the original costs, cummulative costs and forecasted costs into the future. S-Curves, therefore, are a natural solution to be provided by business intelligence graphs.

Here is an example from MS-Project ... note the semi-sideways "S" shape of the curve:

But why limit s-curves to just costs and earned value metrics over time? Can't we also plot, say, project issues or resource capacity over time and forecasted into the future?

Of course, with analytical engines that can take trends and provide forecasts based on techniques like Monte Carlo, linear regression, etc.

But don't look to and EVMS solution here. To create similar curves over time for KPIs other than CPI or SPI, use data mining and data analytics in Oracle, Microsoft or SAS for that.

Posted by Mark Kromer at November 25, 2009 9:30 AM


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