A Gantt chart is also known as a Waterfall model since it specifies the Dependant/order of tasks
Question:
A Gantt chart is also known as a Waterfall model since it specifies the Dependant/order of tasks and allows for the allocation of resources.
FYI: I am not a fan. There are many better/newer ways to organize your projects. These are based on SDLC and other cyclical models that more closely match the real world way we do things.
Gant is a 100+ yo classic method used in project management. This is a classic image of a Gantt chart. A Gantt chart uses the horizontal bars to show the earliest start and expected end dates for a project step.
This expresses the dependencies and allocates the available talent.
e.g. In a building project, one step would be complete ground/soil analysis and another would be design foundation. These steps need to take place in a specific order or you are asking for trouble...
Traditional methods such as GANTT tend to be rigid and as such are too flexible enough to allow for the unexpected availability of a resource or in the unexpected delays.
If your plan says you must complete A before B then you are stuck when the material or human resources for B are available and these for A are delayed.
A basic characteristic of modern business practice is to break down large units into smaller more manageable elements. The same is true for projects. Multiple small projects are much more versatile and manageable than one monster project. The process requires skill and allows for empowerment of personnel.
How would you break up your large projects?
What are the advantages of SDLC, Agile, Sprint Timelines, Kanban, and other modern project management models?
Managerial Accounting
ISBN: 978-0697789938
13th Edition
Authors: Ray H. Garrison, Eric W. Noreen, Peter C. Brewer