Gantt Chart 101- A Brief Overview
Gantt Charts are widely used across businesses and even for academic purposes. They are efficient ways to represent views and plans and are useful presentation tools.
What is a Gantt chart?
A Gantt Chart is a horizontal bar chart used to illustrate a project schedule, and to track its progress from start to finish. It is named after its inventor, Henry Gantt. This graphical depiction of a project schedule includes the start and finish dates of different phases of the project.
How is a Gantt Chart prepared?
There can be simple versions of a Gantt Chart and complex ones, the latter finding more use in project management scenarios. A basic Gantt Chart consists of a horizontal axis, which represents the total time span of the project run, broken down into increments like days, weeks etc. The other element of a Gantt Chart is the vertical axis which consists of the tasks in the project. Horizontal bars of different lengths are used to represent the sequence and duration of each task that the project is made of. You can prepare Gantt Charts using free timeline creators available online.
Why should you use Gantt Charts?
Gantt Charts make powerful tools for project management. There are numerous benefits of Gantt Charts, a few of them include:
- Gantt Charts simplify the visualization of project tasks, making the workflow and project phases easy to understand.
- They help mark milestones, goals and outcomes, which are critical points in a project.
- They enable efficient tracking of project tasks and gauging the progress in each step.
- They make it not only easy to understand, but also easy to explain by the presenter, taking up much less time in the process.
Thus, Gantt Charts make for an indispensable tool in project management, aiding through all the phases, and for successful completion of projects.