Gantt Chart

What is a 'Gantt Chart'

A Gantt chart is a visual representation of a project schedule. A type of bar chart, a Gantt charts show the start and finish dates of the different required elements of a project. Henry Laurence Gantt, an American mechanical engineer, is recognized for developing the Gantt chart.

BREAKING DOWN 'Gantt Chart'

Gantt charts are useful in planning how long a project should take and helping to sequence the events by laying them out in the order in which the tasks need to be completed.


Typically, tasks are shown on the vertical axis, and the project time span is represented on the horizontal axis. Each task has a corresponding bar that shows the time span required for that task. The bar can be filled in to show the percentage of the task that has been completed. Gantt charts also indicate dependencies, those tasks that are dependent upon other tasks. Today there are many software applications available for creating Gantt charts, as well as functions in popular programs such a Microsoft Excel.

RELATED TERMS
  1. Project Management

    The planning and organization of an organization's resources ...
  2. PERT Chart

    A project management tool that provides a graphical representation ...
  3. Critical Path Analysis - CPA

    A process by which projects are outlined and sequenced to have ...
  4. Bar Chart

    A style of chart used by some technical analysts, on which, as ...
  5. Bar

    A graphical representation of a stock's movement that usually ...
  6. Bar Graph

    A chart that plots data with rectangular bars representing the ...
Related Articles
  1. Trading

    Advantages Of Data-Based Intraday Charts

    We take a look at these chart intervals and how we can use them to our advantage.
  2. Trading

    Range Bar Charts: A Different View Of The Markets

    While range bars are not a type of technical indicator, traders can employ this useful tool to identify trends and interpret volatility.
  3. Managing Wealth

    Project Manager: Job Description & Average Salary

    Discover more about the specific tasks that project managers are responsible for and the average salary that can be expected in such a position.
  4. Trading

    Tips For Creating Profitable Stock Charts

    Find out how to create well-designed charts that will enhance your market analysis.
  5. Markets

    Economics of Owning a Bar

    Understand what costs go into starting and running a bar, as well as what earnings can be expected. Learn whether or not it is smart to own a bar.
  6. Financial Advisor

    Advisors: How to Create a Marketing Calendar

    Marketing calendars are a great way for advisors to keep on top of important tasks that help grow business over the long-term.
  7. Professionals

    What Exactly Do Project Managers Do?

    While supervision is one important part of the job, a lot more goes into project management than just watching everyone work.
  8. Managing Wealth

    Common Interview Questions for Project Managers

    Discover the basic skills needed for a position as a project manager along with common interview questions used in applying for such a position.
  9. Investing

    Computer Group Stock Trades Ex-Dividend Monday (CTG)

    Computer Task Group will send its dividend payment on July 6 to shareholders of record as of June 22.
  10. Managing Wealth

    Project Manager: Career Path & Qualifications

    Learn more about what project managers job, the qualifications necessary for the position and the most common careers for these professionals.
RELATED FAQS
  1. What are the differences between a bar chart and candle sticks?

    Explore the difference between bar and candlestick charts. Learn how technical analysts use charts in the analysis of supply ... Read Answer >>
  2. Who developed Critical Path analysis in operations management?

    Read about the origins of critical path analysis, starting in the 1950s with DuPont chemicals and including later improvements ... Read Answer >>
  3. What do the different colored candlesticks mean?

    Candlestick charts have been used in Western trading for many years and are a very popular method of plotting the price action ... Read Answer >>
  4. What are the main disadvantages of using an Equivolume Chart?

    See why the innovative design of EquiVolume price charts creates some inherent disadvantages for traders who are used to ... Read Answer >>
  5. How do companies calculate the estimated duration of a new project?

    Learn about some of the common methods used by companies to estimate the duration of a new project, including those with ... Read Answer >>
  6. What is the formula for calculating net present value (NPV) in Excel?

    Understand how net present value is used to estimate the anticipated profitability of projects or investments and how to ... Read Answer >>
Hot Definitions
  1. Put Option

    An option contract giving the owner the right, but not the obligation, to sell a specified amount of an underlying security ...
  2. Frexit

    Frexit – short for "French exit" – is a French spinoff of the term Brexit, which emerged when the United Kingdom voted to ...
  3. AAA

    The highest possible rating assigned to the bonds of an issuer by credit rating agencies. An issuer that is rated AAA has ...
  4. GBP

    The abbreviation for the British pound sterling, the official currency of the United Kingdom, the British Overseas Territories ...
  5. Diversification

    A risk management technique that mixes a wide variety of investments within a portfolio. The rationale behind this technique ...
  6. European Union - EU

    A group of European countries that participates in the world economy as one economic unit and operates under one official ...
Trading Center