Sankey charts are a type of diagram commonly used to represent the flow of information and data in a system. These charts are useful for visualizing the relationships between different entities or processes, and they are particularly well-suited for complex systems that involve different types of actors and resources. In this article, I will discuss the basics of building Sankey charts and some of the key applications they can be used for.
A Sankey chart typically consists of a series of lines or nodes, with each node representing a different actor or resource. The lines between nodes represent the direction of flow or the flow rate between different types of actors or resources. To create a Sankey chart, you need to identify the actors and resources involved in the system, establish the flows between them, and then connect the nodes with the appropriate lines and colors.
There are several different applications of Sankey charts, including cost flow analysis, financial forecasting, program/project management, and resource allocation. In cost flow analysis, for example, a Sankey chart is used to visualize the costs associated with different business processes, allowing managers to identify inefficiencies and optimize resources. Financial forecasters use Sankey charts to visualize the trends in spending and revenue over time, helping them make informed decisions about budget allocation and resource allocation.
For program/project managers, a Sankey chart can be used to visualize the flow of resources and personnel across different phases of a project. The chart can show the flow of resources into and out of a project, as well as the flow of personnel from one team member to another, allowing managers to optimize resource allocation and staffing.
Finally, a Sankey chart can be used to allocate resources and funds according to specific criteria. For example, a department may be responsible for a specific portion of a program or project, and a Sankey chart can be used to visualize the flow of resources between the department and the rest of the organization.
In conclusion, Sankey charts are a powerful tool for visualizing the flow of information and data in complex systems. With the proper analysis and interpretation, a Sankey chart can provide valuable insights into the relationships between different entities and resources. Whether you are a cost flow analyst, a program/project manager, a department head, or simply someone interested in understanding more about how resources are distributed and allocated, a Sankey chart can be a useful tool for gaining a better understanding of the system you are working with.

SankeyMaster

SankeyMaster is your go-to tool for creating complex Sankey charts . Easily enter data and create Sankey charts that accurately reveal intricate data relationships.