- Project Management Terms
- Agile - The Definition of Continuous Change
- Servant Leadership - A Key Leadership Style in Agile
- 6 Steps to making reasonable decisions
- What is the BOSCARD method
- PEST Analysis: How Political, Economic, Social, and Technological Factors Impact Your Business
- 49 Processes in Project Management
- What is Aggregate Planning in Project Management?
- 25 PMP Formulas you must remember to pass the PMP exam
- Example with formulas Earned Value, Cost Variance and Schedule Variance
- Example with formular Cost Performance Index (CPI), Schedule Performance Index (SPI) and Estimate at Completion (EAC)
- Example with formulas Beta Value in PERT, Expected Monetary Value (EMV) and Risk Priority Number
- Example with formular Variance at Completion, Estimate to Complete (ETC) and To Complete Performance Index (TCPI)
- Example with formular Standard Deviation, Communication Channels and Cost plus Percentage of Cost
- Example with formular Cost plus Fixed Fee, Cost plus Award Fee and Cost plus Incentive Fee
- Example with formular Return on Investment (ROI), Payback Period and Cost Benefit Ratio
- Example with formular Present Value (PV), Future Value (FV), Target Price and Point of Total Assumption
- Kanban Board - Agile Project Chart
- Gantt Chart - Roadmap Project Chart
- What is a Timeline View in Project Management?
- PERT Chart - The Most Popular Project Management Diagram
- Work-Breakdown Structure (WBS) Chart
- Flowchart in Project Management
- Cause-Effect Project Charts - Fishbone Diagram
- Burn-up and Burn-down Project Charts
- Bar Chart in Project Management
- What is Pareto Chart
- What is Pie Chart
- What is Control Chart
- What is Matrix Diagram
- What is Critical Path Diagram
- What is Cumulative Flow Project Chart
- What is Enterprise Environmental Factors
- What is Arrow Diagramming Method (ADM)
- What is Cost Baseline
- What is Cost-Benefit Analysis
- What is Cost Engineering?
- What is Cost Management Plan
- What is Cost of Quality?
- What is Cost Overrun?
- What is Cost Performance Index?
- What is Cost Plus Fixed Fee Contract?
- What is Cost Plus Incentive Fee Contract?
- What is Cost Plus Percentage Of Cost Contract
- What is Cost Reimbursable Contract?
What is Cumulative Flow Project Chart
A Cumulative Flow Project Chart is a visual representation of the flow of work in a project or process over time. It is a useful tool for monitoring and analyzing the progress of work and identifying areas where improvements can be made.
The pros of using a Cumulative Flow Project Chart include:
It provides a real-time view of the progress of work in a project or process, which can help in identifying bottlenecks and areas where improvements can be made.
It allows for the identification of trends over time, such as an increase or decrease in the rate of work completion, which can help in planning and resource allocation.
It can help in identifying areas where work is stalled or delayed, which can help in prioritizing work and addressing issues that may be impacting the project timeline.
It is a flexible tool that can be used in a variety of settings, including software development, manufacturing, and service industries.
The cons of using a Cumulative Flow Project Chart include:
It can be complex and difficult to interpret, especially for projects or processes with many stages or dependencies.
It requires a significant amount of data to be collected and analyzed, which can be time-consuming and costly.
It may not provide a complete picture of the progress of work in a project or process, as it only shows the flow of work and not the quality or completeness of the work.
It may require a significant amount of effort to maintain and update, especially if the project or process is constantly changing or evolving.