{"id":2348,"date":"2021-01-26T10:13:51","date_gmt":"2021-01-26T10:13:51","guid":{"rendered":"https:\/\/pickedshares.com\/?p=2348"},"modified":"2021-01-26T10:13:52","modified_gmt":"2021-01-26T10:13:52","slug":"cost-line-and-total-cost-line","status":"publish","type":"post","link":"https:\/\/pickedshares.com\/en\/cost-line-and-total-cost-line\/","title":{"rendered":"Cost line and total cost line"},"content":{"rendered":"\n<p>The total cost line and the cost line can be used both for liquidity planning in the project and for project controlling. The following diagrams contain a comparison of the planned project cost and the actual project cost of a fictitious project. This type of representation is assigned to project controlling. An Excel template for the diagrams shown here can be found at the bottom of the page.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Cost line<\/h2>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"885\" height=\"279\" src=\"https:\/\/pickedshares.com\/wp-content\/uploads\/2021\/01\/costdiagram_en.png\" alt=\"Cost curve (cost diagram) showing planned and actual cost per week\" class=\"wp-image-2337\" srcset=\"https:\/\/pickedshares.com\/wp-content\/uploads\/2021\/01\/costdiagram_en.png 885w, https:\/\/pickedshares.com\/wp-content\/uploads\/2021\/01\/costdiagram_en-300x95.png 300w, https:\/\/pickedshares.com\/wp-content\/uploads\/2021\/01\/costdiagram_en-768x242.png 768w, https:\/\/pickedshares.com\/wp-content\/uploads\/2021\/01\/costdiagram_en-400x126.png 400w, https:\/\/pickedshares.com\/wp-content\/uploads\/2021\/01\/costdiagram_en-800x252.png 800w\" sizes=\"auto, (max-width: 885px) 100vw, 885px\" \/><figcaption>Cost curve (cost diagram) showing planned and actual cost per week<\/figcaption><\/figure>\n\n\n\n<p>The cost line (shown here as a bar chart) shows the project costs planned (blue) and incurred (red) per time unit. In this example, the actual costs are higher than the planned costs.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Total cost line<\/h2>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"926\" height=\"269\" src=\"https:\/\/pickedshares.com\/wp-content\/uploads\/2021\/01\/cumulated_en.png\" alt=\"Total cost lines, showing planned and actual cumulated cost of the project\" class=\"wp-image-2339\" srcset=\"https:\/\/pickedshares.com\/wp-content\/uploads\/2021\/01\/cumulated_en.png 926w, https:\/\/pickedshares.com\/wp-content\/uploads\/2021\/01\/cumulated_en-300x87.png 300w, https:\/\/pickedshares.com\/wp-content\/uploads\/2021\/01\/cumulated_en-768x223.png 768w, https:\/\/pickedshares.com\/wp-content\/uploads\/2021\/01\/cumulated_en-400x116.png 400w, https:\/\/pickedshares.com\/wp-content\/uploads\/2021\/01\/cumulated_en-800x232.png 800w\" sizes=\"auto, (max-width: 926px) 100vw, 926px\" \/><figcaption>Total cost lines, showing planned and actual cumulated cost of the project<\/figcaption><\/figure>\n\n\n\n<p>The total cost line shows the cumulative costs of the project. In this example, the planned costs are shown in blue, the actual costs in red. As soon as the rise of the red and blue lines differ, there is a plan deviation; in this example, the actual costs are above plan.<\/p>\n\n\n\n<p>Here we have the <a href=\"https:\/\/pickedshares.com\/wp-content\/uploads\/2021\/01\/Cost-diagram-and-total-cost-line.xlsx\">Excel template that has been used for the diagrams of the cost line and the total cost line<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p> ... <a title=\"Cost line and total cost line\" class=\"read-more\" href=\"https:\/\/pickedshares.com\/en\/cost-line-and-total-cost-line\/\" aria-label=\"Read more about Cost line and total cost line\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":2335,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[58,77],"tags":[],"class_list":["post-2348","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-how-to","category-project-management","infinite-scroll-item","masonry-post","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-33"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Cost line and total cost line &#8226; pickedshares<\/title>\n<meta name=\"description\" content=\"How to set up the cost line and the total cost line for a project? 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