Schedule Cost Loading (creating a cost loaded schedule) is a process of depiction of the budgeting matters on a graph, along with a time scale, such as the project- or business-related costs, fringes, overheads and profits. With a help of a cost loaded schedule project or business management can monitor how the costs and profits are allocated over the project timeline or a reported period, so the budgeting can be tracked visually. For example you may build an area diagram where the costs are visualized (graphed) as lines and peaks against the similar graph for profits, so you can easily see:
- How profits or costs grow or decrease (fluctuate) over the time;
- Periods of time when peaks of profits (or costs) dominate over the areas of costs (or profits);
Such a visualization for relations “costs vs. profits” gives you a clear vision of how these matters are behaving (or probably are planned to behave) over your reviewed period of time. This gives you good grounds to investigate why the costs and profits were growing (or decreasing) during certain periods of time.