Business & Finance Business Information

What Is a Gant Chart?

    Definition

    • A Gantt chart is a graphic representation of the progress in particular portions of a project over several segments of time.

    History

    • The concept of a Gantt chart was developed in 1917 by Henry Gantt, an American engineer who helped bring companies like Bethlehem Steel to prominence at the beginning of the 20th century.

    Strengths

    • The graphic nature of Gantt charts makes them useful in easily identifying when a task needs to be accomplished as well as giving a rough estimate regarding the resources needed to achieve that certain task.

    Weaknesses

    • Gantt charts can become confusing in large projects, particularly in those with several tasks running through overlapping periods of time.

    Common Practices

    • Bars are usually used when making a Gantt chart, with time represented horizontally and particular tasks represented vertically. However, lines are also sometimes used.

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