ENTREPRENEURSHIP

ENTREPRENEURIAL OPERATIONS

TIME MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What type of diagram shows planned and actual project schedule information?
A
a tracking Gantt chart
B
a Gantt chart
C
a network diagram
D
a milestone chart
Explanation: 

Detailed explanation-1: -A Gantt chart is a commonly used graphical depiction of a project schedule. It’s a type of bar chart showing the start and finish dates of a project’s elements such as resources, planning, and dependencies.

Detailed explanation-2: -Summary: A Gantt chart is a project management tool that illustrates work completed over a period of time in relation to the time planned for the work. A Gantt chart can include the start and end dates of tasks, milestones, dependencies between tasks, assignees, and more.

Detailed explanation-3: -Compared to a project plan, a Gantt chart is much more limited in the type of information it conveys. However, the advantage is that chart does a much better way to visually presenting data. Typically you’ll find the following information in a Gantt chart.

Detailed explanation-4: -The chart is named after Henry Gantt (1861–1919), who designed his chart around the years 1910–1915. Gantt originally created his tool for systematic, routine operations. He designed this visualization tool to more easily measure productivity levels of employees and gauge which employees were under-or over-performing.

Detailed explanation-5: -A Gantt chart is used to show a project timeline diagramatically. The Critical Path is an activity (or series of activities) that if delayed will delay the whole project.

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