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Writer's pictureTracecost Editorial Team

Key tools for #project #planning



1. #Ganttchart is a popular project management bar chart that tracks tasks across time. Developed in 1917, it become an industry standard. The management tool is used for showing the #phases, #tasks, #milestones and #resources needed as part of a project.


2. #LogicNetwork indicates the #sequence of #activities in a project over time. It shows which activity logically precedes or follows another activity. It can be used to identify the milestones and #critical path of a project. It will help you understand the dependencies in your project, #timescale, and its #workflow.


3. #PERT Chart-The Program Evaluation and Review Technique, (PERT) is a model for project management developed by the US Dept. of #Defense's US #Navy Special Projects Office in 1958 as part of the #Polaris mobile #submarine-launched ballistic missile project. Used for g#analyzing the tasks involved in completing a given project, especially the time needed to complete each task.


4. Product Breakdown Structure ( #PBS ) is an #exhaustive, #hierarchical tree structure of components that make up a project deliverable, arranged in #whole-part #relationship. 5. Work Breakdown Structure ( g#WBS ) is a #hierarchical


#decomposition of the deliverable needed to complete a project.

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