The Importance Of The Excel Gantt Chart

By Author: Salvatore Andrea
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Any project can be cost effective if it is completed on time. However, to make sure that things are completely on track a little bit of planning is required. For such management, look up to the concept of excel gantt chart. It is a graphical representation of the progress of the work against the duration of time. The bar chart was developed by Henry Gantt. It is to illustrate the start and finish dates of the project. There are charts, which further illustrate the dependence on various activities.
 
The today line on the chart shows the current schedule of the work. While this chart is certainly revolutionary but it still has its pros and cons. As mentioned earlier if there is a desire to represent the work break down structure there are few things that can be more useful than these charts. However, the utility of these charts are limited to smaller projects. There utility tends to decrease for projects, which have more than thirty activities. In fact, there are chances that larger Gantt charts may not fit on the computer screen. Besides, such charts only focus ...
... on cost time and scope. They do not take into consideration the size of the project or the work elements.

Horizontal bars of a Gantt chart have a fixed height. This often leads to a misrepresentation of the time phase work load of a project. Other than the Gantt chart there is always the project plan template excel to consider if there is a desire to plan a project to the precision. It helps to define the scope identify major deliverables, the areas of risks and the resources that may be needed to complete the project on schedule. It is an important aspect in project planning.