Gantt chart & Critical path analysis

Question 1

What is a Gantt chart?

Answer 1

Visual representation of a project plan that includes (at least) tasks and the time involved for each task.

Question 2

Benefits and limitations of Gantt charts.

Answer 2

Benefits: big picture; time estimates.
Limitations: estimates may be wrong; does not capture all information.

Question 3

What is a critical path analysis?

Answer 3

Project planning tool that shows the minimum time period that a project needs to be completed.

Question 4

Benefits and limitations of critical path analysis.

Answer 4

Benefits: improves project scheduling, prioritizes tasks, reduces risk of delays (deadlines), helps decision making and communication.
Limitations: complex for large projects, assumes accurate estimates, sensitive to change (does not address unforeseen risks).