What are some real-world examples of waterfall charts?

What are some real-world examples of waterfall charts?

Waterfall charts are often used in finance to visualize how a starting value is affected by a series of positive and negative values. For example, a company might use a waterfall chart to show how its revenue changes over a quarter, accounting for new sales, returns, and discounts.

Can you give me another example?

Sure! In project management, waterfall charts can illustrate the progress of a project by showing how much work has been completed versus what remains. This helps stakeholders see the impact of delays or changes in scope.

What industries commonly use waterfall charts?

Waterfall charts are commonly used in finance, marketing, project management, and sales. They help in visualizing data trends and performance metrics across these fields.

How do I create a waterfall chart?

You can create a waterfall chart using tools like Excel, Google Sheets, or specialized data visualization software. Start by listing your initial value, followed by the increments and decrements, and then use the charting feature to visualize the data.