Lecture 18: Gantt Charts in Project Management

Project

A collaborative enterprise, frequently involving research or design, that is carefully planned to achieve particular aim. Temporary, rather than permanent, social systems in an orginization

Programs

Designed to deliver an organizations strategy. A group of related projects managed in a coordinated to obtain benefits and control not available from managing them individually. Projects within program can benefit organization before program has completed.

Project Management Tools

Gantt Charts, Program Evaluation and Review Technique, and Critical Path Methodology.

Project Management Process

Initiate, Plan, Execute, Monitor and Control, Close.

Program vs. Project

Project is unique and of definite duration. Program is ongoing and implemented within a business to consistently achieve certain results within the business.

Gantt Chart

Visual Representation of project through a bar graph. Start and finish dates of program. Bars show timeline of objectives and % completed. Time on horizontal axis, objectives on vertical axis.

Sample Projects

Construct a new or renovate an existing facility. A fundraising event.