Gantt Chart meaning refers to the bar that displays the project schedule. The chart is specifically used to gather information about the start and end dates of different project elements. Developed by Henry Gantt, this chart enables people to schedule and track different projects in an efficient manner. So far, it is considered to be an effective and most-used graphical representation for project management.
The bar is widely used across different industries. To name a few, Gantt Chart is used for the construction of dams & bridges, software designing and development, launching other essentials goods and services, and building highways.
Gantt chart can be defined as a horizontal bar that is specifically used for project planning and management. The chart displays a list of tasks that are to be completed within the given timeframe. It also sorts the projects by priority and deadlines. The chart gives us a virtual representation of the projects that are yet to be finished by the deadline. This information is displayed along with the timeline fixed for each project.
Not only the projects, but this horizontal bar is used to Handle a wide Range of project elements efficiently. You can gather information about the completed, scheduled, work in progress, and other such projects. It is an ideal way to monitor all types of projects and keep track of each project so that you are able to handle your tasks seamlessly and in a timely manner.
Let’s understand the concept with an example:
Suppose, you have to design and develop the HRMS software for your client. Now, the project isn’t only about coding. You are supposed to conduct proper research, choose the best programming language, select the software product, test the software for possible bugs and technical errors, and make necessary modifications. You have 40 days to complete the project.
All the tasks you have to complete will be displayed on the vertical axis. You can list each task on the Gantt Chart to schedule them according to the deadline.
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Launched by an American Mechanical Engineer, Gantt Chart is widely used to identify all the tasks that can be completed simultaneously. It also presents the list of the tasks that can’t be handled until certain projects are over. Besides, it allows you to schedule your projects on the Basis of the deadlines.
Gantt Chart helps you categorize your project by deadlines. For instance, you can schedule your projects according to their importance. If you are working on a priority project that needs to be executed within the given timeframe, then you can start with this project. It helps you track the non-crucial projects that can be postponed a little, giving you adequate time to focus on the critical projects that are supposed to be completed on time.
This project management chart can help you schedule and monitor all types of projects – be it simple tasks or complicated ones. You can design a Gantt Chart with the help of Microsoft Visio, Microsoft Excel, SharePoint, and other project management tools.