Gantt charts are a format used to represent progressive and dependency data that depends on the level of investment. A Gantt chart helps in planning tasks, documenting the order of completion and the time requirements for completion. It consists of horizontal bars to represent a task along a time line making it easy, visual and simple to comprehend. It has all the tasks displayed vertically on the left section of its outlay. Every task has a corresponding horizontal bar off to the right to represent time. The size of the horizontal bar depends upon the prospected time to be taken by an activity. Its placement position in the horizontal plane depends on initial day and the final day of the task.
On advanced levels, Complex Gantt charts show …show more content…
Such areas to be considered are technology literacy, staff skill level, organizational politics, timescales rate for business change, business risks, available resources and external sponsorship. Outcomes of the assessment is used to categorise the project as low, moderate or of high complexity. The complexity determines the overall resource budget to be invested in the project.
Advantages of a Gantt chart
A Gantt chart provides a pictorial method of managing your project. The pictorial nature makes it highly visible. It, therefore, reminds people what actually is happening with the project whether they are directly involved or not.
It creates a picture of complexity that helps in clear …show more content…
The PERT method is not scalable when it comes to smaller projects.
The Critical Path Method (CPM) chart
Critical path method (CPM) tool is a modification of project planning and scheduling (PPS) which was used in construction undertakings that required accurate and efficient cost and time estimates. It was popularly used in construction industries. It is usually a chart that shows the main critical path of milestones. Large companies use the project management principles and tools to manage projects with a high demand on the budget and schedule. The difference between CPM and PERT is that CPM makes use of a one-time estimate per task, while PERT uses three per task.
Advantages
CPM is essential in scheduling, planning, and control of projects.
CPM enables plans, cost, schedule and time estimates to be documented and communicated.
CPM is more economical as compared to other operations.
CPM binds and motivates the whole team which enables project tasks to complete in time.
The CPM chart allows managers to determine float, slack, start and end time for the project.
Project managers are able to reduce project duration by optimally using the critical path.
Disadvantages of
On advanced levels, Complex Gantt charts show …show more content…
Such areas to be considered are technology literacy, staff skill level, organizational politics, timescales rate for business change, business risks, available resources and external sponsorship. Outcomes of the assessment is used to categorise the project as low, moderate or of high complexity. The complexity determines the overall resource budget to be invested in the project.
Advantages of a Gantt chart
A Gantt chart provides a pictorial method of managing your project. The pictorial nature makes it highly visible. It, therefore, reminds people what actually is happening with the project whether they are directly involved or not.
It creates a picture of complexity that helps in clear …show more content…
The PERT method is not scalable when it comes to smaller projects.
The Critical Path Method (CPM) chart
Critical path method (CPM) tool is a modification of project planning and scheduling (PPS) which was used in construction undertakings that required accurate and efficient cost and time estimates. It was popularly used in construction industries. It is usually a chart that shows the main critical path of milestones. Large companies use the project management principles and tools to manage projects with a high demand on the budget and schedule. The difference between CPM and PERT is that CPM makes use of a one-time estimate per task, while PERT uses three per task.
Advantages
CPM is essential in scheduling, planning, and control of projects.
CPM enables plans, cost, schedule and time estimates to be documented and communicated.
CPM is more economical as compared to other operations.
CPM binds and motivates the whole team which enables project tasks to complete in time.
The CPM chart allows managers to determine float, slack, start and end time for the project.
Project managers are able to reduce project duration by optimally using the critical path.
Disadvantages of