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A Gantt chart created using Microsoft Project. Note (1) the critical path is in red, (2) the slack is the black lines connected to non-critical activities, (3) since Saturday and Sunday are not work days and are excluded from the schedule, some bars on the Gantt chart are longer if they cut through a weekend.
The Gantt chart: Still accepted as an important management tool today, the Gantt chart is a graphical format that is used for the planning, scheduling, and controlling of work, including recording the progress of a project and its stages. The chart has a modern variation, Program Evaluation and Review Technique (PERT).
The simplest way to represent these chains is to depict them as arrows associated with certain tasks or time intervals on the Gantt chart. Different events and event chains can be displayed using different colors. Events can be global (for all tasks in the project) and local (for a particular task).
Project planning is part of project management, which relates to the use of schedules such as Gantt charts to plan and subsequently report progress within the project environment. [1] Project planning can be done manually or by the use of project management software .
Project management became recognized as a distinct discipline arising from the management discipline with the engineering model. [13] In the United States, prior to the 1950s, projects were managed on an ad-hoc basis, using mostly Gantt charts and informal techniques and tools.
Project Cost Management A method of managing a project in real-time from the estimating stage to project control; through the use of technology cost, schedule and productivity is monitored. Project planning – is part of project management, which relates to the use of schedules such as Gantt charts to plan and subsequently report progress ...
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