The Meisterplan glossary for resource and project portfolio management

What is a Histogram?

A histogram in resource management is a graphical representation that helps to keep track of personnel requirements and available capacities. It shows how often certain values (e.g., person days or FTEs) occur within a specified period of time.

Histogram: Definition, Examples and Synonyms

Histograms are a valuable tool in both traditional and Agile project managementProject ManagementProject management is the planning, steering, and monitoring of projects to achieve specific objectives within a given timeframe and budget. processes and provide a visual representation of project requirements and available resourcesResourceResources are all the people, places and things that you need to complete projects. The most important resource? Employees, of course!. They consist of an x-axis, a y-axis and vertical bars that represent your data.

The Axes of a Histogram
Time Axis (X-Axis)

The time values on this axis start on the left and flow to the right. The level of detail (individual days, weeks or months) depends on the intended purpose and granularity of the resource managementResource ManagementWhen it comes to resource management, the focus is on the optimal planning, coordination and monitoring of resources. The term “resources” includes things like employees, budgets, materials and time.. For example, weekly segments would be useful to show data about vacations and training – in this case, monthly segments would be too broad.

Demand Axis (Y-Axis)

This vertical axis shows demand, which could be expressed in units such as person-days, FTEs or story points. It is necessary to convert all estimated efforts and capacities into the same unit for all teams and projectsProjectA project is a time-limited undertaking with defined objectives and resources that delivers unique results and often includes complex tasks. that need to be planned using the histogram. For example, Agile teams can convert estimated story points into person days for consistency and comparability.

Histogram Projects

A Practical Example

Let’s imagine you are a project manager in a medium-sized company that runs several projects at the same time. Your goal is to plan resources efficiently and avoid bottlenecks. It could look like this:

 

1. Project Overview

You have three ongoing IT projects: website redesign, app development and database migration. Each project requires different resources such as developers, testers and designers.

2. Resource Requirements

You create a histogram to visualize the need for resources over the next few months. The months (e.g., January, February, March) are shown on the x-axis. The y-axis shows the demand in .

3. Demand Mountain Range

You stack the needs of the three projects on top of each other. In January, the website redesign team needs 20 person days, the app development team needs 15 person days and the database migration team needs 10 person days. In February, their needs change.

4. Bottleneck Detection

You see that a bottleneck has appeared in March because all three projects have high demand at the same time. Since you created your histogram in a PPMPPMSynonym for → Project Portfolio ManagementProject portfolio management (PPM) is a process that seeks to select, prioritize, monitor and analyze a company’s projects. software such as Meisterplan, you can clearly see when resources are running low. The mountain of demand exceeds capacity and turns red.

5. Optimization

You can now take action to resolve the bottleneck.

               – Prioritization: Move less urgent tasks to later months.

               – Resource allocation: Allocate additional resources or reduce demand if possible.

6. Simulations

You can simulate different scenarios, such as what happens if a project is completed early or if a new project is added.

Meisterplan Team Planner

Synonyms and Abbreviations

We are currently not aware of any commonly used synonyms or abbreviations for the term histogram.

FAQ 

How is a histogram constructed?
What are the benefits of histograms?
What is the difference between a histogram and a bar chart?

Histograms in Meisterplan

In Meisterplan, the histogram plays a central role in two views.

In the Portfolio Designer view, we combine the histogram with a Gantt chartGantt ChartSynonym for → GanttA Gantt chart is a categorical list on a vertical (Y) axis mapped against time on a horizontal (X) axis and is used to visualize tasks or project plans into… to show projectsProjectA project is a time-limited undertaking with defined objectives and resources that delivers unique results and often includes complex tasks. together with their associated resource utilization. If you change the values in one of the graphs, it affects the other one automatically and in real time. If you move a project in the Gantt chart, for example, the histogram automatically reacts to the change – so you not only can quickly identify bottlenecks, but also resolve them.

In the Team Planner, the histogram is the star of the show. Here, for example, team leads can concentrate fully on the workload of their employeesEmployeesSynonym for → ResourceResources are all the people, places and things that you need to complete projects. The most important resource? Employees, of course!.

Give it a try today!

Portfolio Designer: Create an Overview

This might also be of interest to you