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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White Paper Multiple Activity Charts Multiple Activity Charts (or Multi-Activity Charts) are a very useful tool for understanding the flow of work in a cyclical process and as a consequence understanding which resource is controlling the overall progress of the work. The tool can be used to model different scenarios to determine the optimum mix of resources for the work. The example below is based on using a tower crane to lift concrete from the street to a high floor for placing. Each resource
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The increase in the evolving demographics are showing that India is going to remain as a nation which contributes the largest workforce within the next decades. The main dividend of India’s population is the young group of people. This factor gives india the required potential to become the global hub and also a huge consumer and producer for goods and services all over the world.Although India has a huge amount of working-age group of population it is not being enough for it to keep up its economic
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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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Pie Charts An important part of decision making is having a clear understanding of the information used to base decisions from. Charts can be valuable when a need to represent numerical data would benefit communicating information visually. Some of the most important aspects of a good chart are to select the right type of chart (or graph) that can best characterize the data‚ also‚ to keep the design simple in order for an audience to easily understand the information. One of the most popular types
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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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Assignment # 1 1. What is chart of accounts? Chart of accounts (COA) is a list of the accounts used by an organization. The list can be numerical‚ alphabetic‚ or alpha-numeric. The structure and headings of accounts should assist in consistent posting of transactions. Each nominal ledger account is unique to allow its ledger to be located. The list is typically arranged in the order of the customary appearance of accounts in the financial statements‚ profit and loss accounts followed by balance
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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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