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.