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Procurement schedule and the cash flow statement the

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procurement schedule and the cash flowstatementThe length of the bar does not indicate theamount of work and can be misleadingIt is an excellent management toolThey can become very complexProject Scope and Time ManagementPage16
Useful for communicating anddisseminating informationA constant update is requiredIt is a key document for the managementdecision-making function(Burke, 2009:176)It may at times be difficult to display on onesheet of paperCan display individual tasksShows duration for each activityShows the entire project durationIt creates a picture of the complexity on aproject in order to better visualizeIt organizes the thought processIt is visual and demonstrates that you havea succinct idea of what you are doingIt is very visible and easy to follow due tothe picture that it presentsIt assists with developing realistic timelinesTable 2The Gantt chart is an effective tool but has its limitations. The software used to developthese Gantt charts often has an effect on how it is interpreted due to the manner inwhich it is displayed. It is a good idea to make use of the Gantt chart at the start of aproject especially if it is a small project. Gantt charts become less effective with morecomplex projects.The Gantt chart is drawn up after the WBS has been completed and the information onthe Gantt chart must coincide with the information on the WBS.The WBS contains the scope of work for the entire project. Any work that is not on theWBS is not in scope for the project i.e. if there are activities on the Gantt chart that doesnot coincide with the WBS then this constitutes work that does not have to be done forthe project.The activity and milestone lists are a more granular reflection of what is displayed onthe WBS. This supports the theory that whatever information is contained in theseartefacts must be a reflection of what is found on the WBS.Like any other tool the Gantt chart is used and misused in any number of ways(Couture; 2013: 5). It is important to note that the Gantt chart was developed for aProject Scope and Time ManagementPage17
particular purpose. The criticism directed at the Gantt chart is due to shortfalls identifiedfor which it was never intended.Project Scope and Time ManagementPage18

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Term
Winter
Professor
Hill

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