Gantt Chart Tool
Gantt chart is a type of a bar chart that is used for illustrating project schedules. Gantt charts can be used in any projects that involve effort, resources, milestones, and deliveries.
At present, Gantt charts have become the popular choice of project managers in every field.
Gantt charts allow project managers to track the progress of the entire project. Through Gantt charts, the project manager can keep a track of the individual tasks as well as of the overall project progression.
In addition to tracking the progression of the tasks, Gantt charts can also be used for tracking the utilization of the resources in the project. These resources can be human resources as well as materials used.
Gantt chart was invented by a mechanical engineer named Henry Gantt in 1910. Since the invention, Gantt chart has come a long way. By today, it takes different forms from simple paper based charts to sophisticated software packages.
As we have already discussed, Gantt charts are used for project management purposes. In order to use Gantt charts in a project, there are a few initial requirements fulfilled by the project.
First of all, the project should have a sufficiently detailed Work Breakdown Structure (WBS).
Secondly, the project should have identified its milestones and deliveries.
In some instances, project managers try to define the work break down structure while creating Gantt chart. This is one of the frequently practiced errors in using Gantt charts. Gantt charts are not designed to assist WBS process; rather Gantt charts are for task progress tracking.
Gantt charts can be successfully used in projects of any scale. When using Gantt charts for large projects, there can be an increased complexity when tracking the tasks.
This problem of complexity can be successfully overcome by using computer software packages designed for offering Gantt chart functionalities.
There are dozens of Gantt chart tools that can be used for successful project tracking. These tools usually vary by the feature offered.
The simplest kind of Gantt chart can be created using a software tool such as Microsoft Excel. For that matter, any spreadsheet tool can be used to design a Gantt chart template.
If the project is small scale and does not involve many parallel tasks, a spreadsheet based Gantt chart can be the most effective type.
Microsoft Project is one of the key Gantt chart tools used today. Especially for software development projects, MS Project based Gantt charts are essential to track the hundreds of parallel tasks involved in the software development lifecycle.
There are many other Gantt chart tools available for free and for price. The features offered by these tools range from the same features offered by Excel based Gantt charts to MS Project Gantt charts. These tools comes with different price tags and features levels, so one can select the suitable Gantt chart tool for the purpose in hand.
Creating Your Own
Sometimes, one may decide to create their own Gantt chart tool without buying an existing one. If this is the case, first of all, one should search the Internet for free Gantt chart templates.
This way, one may actually find the exact Gantt chart template (probably in Excel) required for the purpose. In case if no match is found, then it is sensible to create one.s own.
Excel is the most popular tool for creating custom Gantt charts. Of course one can create a Gantt chart from scratch in Excel, but it is always advisable to use a Project Management add-on in Excel to create Gantt charts.
These project management add-ons are published by Microsoft and other third-party companies.
Advantages & Disadvantages
The ability to grasp the overall status of a project and its tasks, at once is the key advantage in using a Gantt chart tool. Therefore, upper management or the sponsors of the project can make informed decisions just by looking at the Gantt chart tool.
The software based Gantt charts are able to show the task dependencies in a project schedule. This helps to identify and maintain the critical path of a project schedule.
Gantt chart tools can be used as the single entity for managing small projects. For small projects, no other documentation may be required. But for large projects, the Gantt chart tool should be supported by other means of documentation.
For large projects, the information displayed in Gantt charts may not be sufficient for decision-making.
Although Gantt charts accurately represent the cost, time, and scope aspects of a project, it does not elaborate on the project size or size of the work elements. Therefore, the magnitude of constraints and issues can be easily misunderstood.
Gantt chart tools make project manager.s life easy. Therefore, Gantt chart tools are important for successful project execution.
Identifying the level of detail required in the project schedule is the key when selecting a suitable Gantt chart tool for the project.
One should not overly complicate the project schedules by using Gantt charts to manage the simplest tasks.