Analyzing S-Curves
A beginner's guide to analyzing S-curves — the cumulative progress curves that show, at a glance, whether a project is ahead or behind, by plotting planned against actual over time. The most-used picture in project controls. Built on AACE International RP 55R-09.
What an S-curve is
The S-curve is the workhorse visual of project controls — the single most common chart in any status report. It takes the period-by-period data the controls structures collect (Module 4A) and renders it as a picture that anyone, technical or not, can read. Where a table of numbers hides the trend, the S-curve shows it.
Why the S shape — and what curves to plot
The shape comes from how projects spend effort: slowly at first (mobilizing, early design), rapidly through the middle (peak construction), then tapering at the end (commissioning, closeout). On the same axes you typically plot two or three curves:
- Planned (baseline) — The cumulative plan — how value should accrue over time, from the schedule and budget.
- Actual / earned — What's actually been accomplished or spent to date — the curve compared against the plan.
- Forecast (optional) — The projected path to completion from today, given current performance.
Read the S-curve
Drag the reporting month to sweep the data date along the timeline. Watch the planned and actual curves diverge, and read the variance at that point:
S-curve & data date
Try it yourselfDrag the reporting month. The vertical line is the data date; read planned vs. actual % complete where it crosses each curve.
Reading S-curves well
The S-curve's power is trend: a single point tells you where you are, but the shape over time tells you where you're heading. A gap that's widening each period is a project losing ground; one that's closing is recovering. Watch the divergence, not just the snapshot — and use it to forecast where the curves will end up if nothing changes.
Nine things to remember
- An S-curve plots cumulative value against time — planned vs actual.
- It's the most-used chart in project controls — the picture in every status report.
- "Cumulative" is the key word — the gap is the amount ahead/behind to date.
- The S shape comes from slow start, steep middle, tapering finish.
- Plot planned, actual/earned, and optionally forecast on the same axes.
- Below the planned line = behind; above = ahead.
- Watch the trend, not just the snapshot — a widening gap is a project losing ground.
- It's earned value, drawn — planned/earned/actual curves are PV/EV/AC.
- Don't plot spend alone — on-budget spending isn't on-schedule progress; plot earned value.
Glossary
- Actual / earned curve
- What's been spent / accomplished to date.
- Cumulative
- Running total to date — what gives the S its shape.
- Data date
- The point in time the curves are read at.
- Earned value
- Budgeted value of work done — the curve to plot.
- Forecast curve
- The projected path to completion.
- Planned curve
- The baseline: how value should accrue over time.
- S-curve
- Cumulative value plotted against time.
- Variance
- The gap between planned and actual (next lesson).