Essential Project Planning Tools for PMs
“Every minute you spend in planning saves 10 minutes in execution; this gives you a 1,000 percent return on energy!”- Brian Tracy
In today’s dynamic and fast-paced project management environments, project planning rarely gets the attention it deserves from project managers. The emergence of modern project management methodologies and approaches such as agile and extreme programming has reduced the time allocated for project planning to a bare minimum. Most project managers fail to realize that a solid project plan can save time and money and reduces the risk of project failure.
In this article, we will look at some of the tools and techniques you can use to prepare a project plan that covers all the bases.
1. Gantt chart
A Gantt chart is a type of bar chart that illustrates project schedule. It shows how much time each activity will take, along with their start and end date. Modern Gantt charts can provide you a better picture as they also highlight the dependency between each task.
Project managers can schedule project activities, track progress and know the sequence and time duration using Gantt charts. Highlight critical points in the project and use software to manage Gantt charts efficiently. When preparing Gantt charts, always consider the time needed for reviews and approvals.
2. PERT chart
PERT stands for Program Evaluation
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