Gantt (disambiguation). A Gantt chart showing three kinds of schedule dependencies (in red) and percent complete indications. A Gantt chart is a type of bar chart‚ developed by Henry Gantt in the 1910s‚ that illustrates a project schedule. Gantt charts illustrate the start and finish dates of the terminal elements and summary elements of a project. Terminal elements and summary elements comprise the work breakdown structure of the project. Some Gantt charts also show the dependency (i.e. precedence
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Chart Essay The chart above shows the students’ preferences on on various types of hobbies. Total of 950 students and 6 hobbies was conducted in the chart above. The 6 hobbies are‚ archery‚ badminton‚ bowling‚ movies‚ collecting coins and music. Hobby is a very important activity in our daily life. Hobby is a meaningful pastime activity‚ it is also an outlet for us to channel our energy. Without an outlet for us to channel our energy we will become very lazy and waste our percious time
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Giant chart What is a Gantt chart? A Gantt chart is a bar chart used to illustrate a project schedule‚ including start and finish dates of activities and a summary of activities of a project. These activities form what is usually called the work breakdown structure of a specific construction project. Gantt charts serve as an excellent tool to show updated schedule status using actual complete shadings and vertical line representing the actual date. Gantt charts sometimes are prepared showing precedence
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A Gantt chart is a type of bar chart‚ developed by Henry Gantt in the 1910s‚ that illustrates a project schedule. Gantt charts illustrate the start and finish dates of the terminal elements and summary elements of a project. Terminal elements and summary elements comprise the work breakdown structure of the project. Some Gantt charts also show the dependency (i.e. precedence network) relationships between activities. Gantt charts can be used to show current schedule status using percent-complete
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It is defined by cima as ‘a plan expressed in money’. Cash flow forecasting is the process of estimating cash inflows and cash outflows over a period of time‚ usually for a period of 1 year. Cash Budget is the process of estimating cash inflows and cash outflows over a period of time‚ usually prepared monthly. Cash flows is the amount of money flowing into and out of a business over a period of time. Cash inflows are the receipts of cash‚ typically arising from sales of items‚ payment of debtors
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Pareto chart‚ histogram‚ Ishikawa diagram QUMAN Pareto chart‚ histogram‚ Ishikawa diagram Introduction In below exercises we used Bar charts and Pareto chart to identify the most serious and frequent problems occurred in each of the two companies. We also used the Ishikawa diagrams to realize the reasons for the problems. In this report we present the solutions of the two exercises. Exercise 3 Complaint Nicks and scratches from rough handling Furniture rubbed together while on
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The Program Evaluation and Run Technique (PERT) chart is a model for project management. It is a tool designed to represent the tasks involved in a project and analyze the time required for completion during the project management life cycle. It also helps to identify the minimum time required to complete the project. It was developed to simplify the planning and scheduling of a project where all the details and durations of the activities are not known at the start itself. It is used especially
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Henry Gantt’s legacy to production management is the following: * The Gantt chart: Still accepted as an important management tool today‚ it provides a graphic schedule for the planning and controlling of work‚ and recording progress towards stages of a project. The chart has a modern variation‚ Program Evaluation and Review Technique (PERT). * Industrial Efficiency: Industrial efficiency can only be produced by the application of scientific analysis to all aspects of the work in progress
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Control Charts Control charts‚ also known as Shewhart charts are tools used to determine if a manufacturing or business process is in a state of statistical control. The control chart was invented by Walter A. Shewhart‚ (also known as the father of statistical quality control) while working for Bell Labs in the 1920s. The company’s engineers were seeking to improve the reliability of their telephony transmission systems. The engineers had realized the importance of reducing variation in a manufacturing
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Gantt charts have become a common technique for representing the phases and activities of a project work breakdown structure (WBS)‚ so they can be understood by a wide audience all over the world. The technique is frequently used in Project Management to help breakdown the project.[5] A common error made by those who equate Gantt chart design with project design is that they attempt to define the project work breakdown structure at the same time that they define scheduled activities. This practice
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