Gantt Diagramm:
Definition | Examples | Synonyms
The Gantt chart was originally devised by Polish engineer, Karol Adamiecki, and American engineer, Henry Gantt, independently. In project portfolio management (PPM), Gantt charts support the scheduling and monitoring of projects to help organizations make informed decisions about resource allocation and project priorities.
A Gantt chart maps each project against an ongoing timeline. How does a two-dimensional chart inform decision-making exactly?
A Practical Example
Imagine you work at a company that manufactures electronic equipment. Sounds simple, but your colleagues are likely working on a few different kinds of projects at any given time: research and development, order delivery, shifting production capacity from one product to another, rolling out a new HR software and presumably much more!
Each of these projects could be represented by a horizontal bar. One of the unique advantages of a Gantt chart, though, is the ability to group and categorize projects. For example, regularly occurring, run-the-business projects like order delivery or cyclical shifts in production capacity can be grouped together by being placed above the gray horizontal line in the left-hand sidebar.
Below the bar come one-off projects, like new product development and software integration. Product development and order delivery, with their focus on the product side of things, can both have the same color, let’s say yellow. HR software rollout is a department-specific project, so we can give it a unique color: green.
And just like that, you have all your projects organized by type, with start dates, end dates and department visible at glance.
Synonyms and Abbreviations
There are none.