Project Management - Gantt Excel

Benefits of Gantt Charts in Project Management

March 21, 2021May 27, 2019 by John Fernandes

When we talk about Project Management the first thing that comes to our mind is the extensive work that needs to be done to initiate, plan and execute the plan to complete it within the requisite time. Small scale projects may not require as much effort to keep track of its progress, however a large scale project needs to be tracked and controlled with utmost accuracy to ensure its completion with total compliance with the client’s requisites.

Gant charts are widely used in Project Management in Planning and tracking the various activities in a graphical representation. Named after Henry Gantt, an American Project manager, Gantt Charts are a great way of preparing a visual representation of Project schedules and track them as the project progresses. In this article, we will discuss some of the benefits of using Gantt charts in Project Management.

Unified platform: Needless to say that in a Project there are multiple teams that work together on different aspects of the project. Keeping track of how the work is progressing with different teams may become difficult. This is where Gantt charts have the biggest advantage. Gantt Charts represent all the various aspects of the project on a single unified document like the progress, timelines, names of individuals, and others. This makes it extremely easy for the project owners or managers to keep abreast of all that is happening as work progresses.
Time management: On time completion of a task is of utmost importance in the success of a Project. A delay in even a single task can withhold the timely completion of the Project resulting in financial and reputational risk. Gantt Chart’s feature of scheduling timelines and displaying the progress of the tasks help in a large way to understand the importance and the risks involved and avoid them with concerted efforts.
Enhanced communication: Gantt Charts offers the feasibility of enhanced communications across departments pertaining to the updates on progress, issues and resolution of the same. Being a unified platform it becomes easy to communicate between teams through the Chart and in many ways can help to avoid physical meetings. This, of course, helps to keep a transparency across all the departments involved in the project.
Resource management: A major reason why there could be a sudden drop in resource output is overburden. Gantt Charts helps Project managers to align resources and delegate tasks in a more effective manner. It gives a systematic picture of where the resources are being utilized associated with the corresponding timelines allowing completion of projects within the allotted budget and time.
Track progress of the project: Effective measurement of the progress of the Project is required not just for reporting to the Project owner and to the various teams involved but also to understand if the project is running on track and whether it will be completed on time. Progress Gantt Charts helps to understand to what degree the various tasks have been completed. It gives a visual representation of how the work has progressed and is very easy to interpret.
Display milestones: Reaching milestones as a Project progresses can be very motivating for the entire team that is involved. Gantt charts help to display the milestones that have been reached which can really help to up the ante of the team members and enhance their focus to reach the target. Being a visual representation it is more effective and easily interpreted by all.
Efficiency and interdependencies of tasks: Different teams work on different aspects of the project hence it is obvious that there will be interdependence in their tasks. Linked Gantt Charts indicates the dependencies between tasks with lines. Though it tends to become cluttered with lines for larger projects it is still preferred over other representation due to the ease of interpretation. Gantt chart software often comes with the feasibility to link task dependencies. This benefit of Gantt charts to trace the dependent activities and schedule them in such a way that they do not stall the progress of the Project in any way.

The benefits of using Gantt charts are manifold in Project management. The good news is that it is quite possible easily create Gantt Charts using an excel template like Gantt Chart Excel. The ease of updation and maintenance of Gantt Charts and the accessibility to all the relevant information makes it one of the most favoured project management tools.

Top 5 Effective Ways to Manage Projects Successfully

March 8, 2020June 14, 2017 by Laxmi Pun

As Project Managers we often find ourselves juggling with project deadlines, accommodating unexpected events, exceeding allocated budget and resources etc. Events like these are frustrating and can leave project managers and the team stressed and unmotivated. Here are top 5 effective ways to manage projects successfully.

Here are 5 effective ways that can help you stay ahead of the game and manage projects successfully.

1. Brainstorm with the team:

During the conception and planning phase of the project, involve people that are going to be part of the project for brainstorming sessions. It will give them an overall understanding of the project and how their roles add up to the project and what is expected of them becomes transparent. This also helps managers and the team measure how much effort is required from each individual or department. In turn, it allows the project managers to more accurately determine the project’s scope, budget and timeline.

2. Plan the project’s scope, timing and resources in detail:

Project planning phase lays the blueprint on how the project implementation will take place. As the saying goes, “failing to plan is planning to fail”, it is important to ensure that all major aspects of the project like project scope, the timeline for the project, deliverables, allocated tasks, resources required should be carefully crafted. The team should also consider assumptions and risks and build them into the project plan. Once, this step is done, create a detailed work plan and communicate this with the team. Ensure that any high-level activities that were initially vague are defined more in detail as their time-frame gets closer.
The best tool to plan your projects is to use our simple yet effective Gantt Chart Excel Template. Our Gantt Excel tool allows you to create project timelines, allocate tasks and resources, create milestones, define dependencies, even break down the project into smaller tasks and can be easily updated and communicated as the project progresses. You can download Gantt Chart Excel here.

3. Track your project’s progress:

This is the ‘holy grail’ of project management. Using Gantt Chart Excel you can monitor the project budget and timelines which allows you to proactively optimize your resources and budget to meet the project timelines.

Remember, “What gets measured, gets managed”, Peter Drucker.

4. Take steps to mitigate risks:

As project managers, we are all aware how big a part risks play in project success. Risks of unforeseen circumstances in the future, the risk of exceeding budget, risks of project delays, risk of low team morale and so on. Acknowledging that these risks can creep up anytime prepares the managers to be vigilant for warning signs of risks and also prepare for mitigating risks. Gantt chart again is an effective tool that can flag you in advance about the abnormalities in the project’s progress. For instance, if a deadline has been missed, project managers can get to the root of what caused the delay and fix it or if some unavoidable events are probable in the near future which wasn’t evident during the planning phase, the Gantt chart can be updated to reflect this and activities planned accordingly. ‘Scope creep’ is another risk that can sabotage the project success. These mini changes can actually add up to changing the whole scope of the project making the initial budget, resources and timelines irrelevant. Therefore as project managers, we need continue to assess potential risks throughout the project.

5. Celebrate milestones:

Take steps to ensure that team’s morale is high throughout the project. It can be quiet stressful to balance the execution in the midst of some unavoidable circumstances that delay the project. Therefore creating milestones (mini goals) and celebrating these milestones can motivate the team to stay on track and to work towards accomplishing the project as Harvard Professors T Amabile and S J Kramer describe in their research titled ‘ The Power of Small Wins’ that “even small wins can boost inner work life of the team tremendously”.

These five ways will help you effectively manage your project. I will leave you with a quote by Scott Berkun, author of, ‘Making Things happen- Mastering Project Management’ that “The challenge of managing projects isn’t sailing in calm, open waters with clear skies. Instead, the challenge is in knowing how to juggle, prioritize and respond to all the unexpected and difficult things that you’re confronted with”.

Good Luck with your project.

New to Project Management?

March 8, 2020June 12, 2017 by Laxmi Pun

New to Project Management? If you’re just getting started as a project management professional, then hat’s off to you! To pave your way to a brilliant career, here are some insights for new project managers.

Definition:

Project Management as defined by the Project Management Institute “is a temporary endeavor undertaken to create a unique product, service or result with a defined beginning and end in time, defined scope and define resources”.

Mind Map representation of Project Management Knowledge Areas

Project on the other hand differs from process which happens continually and has low risk while project unique to each goal has a relative high level of risks. Therefore risk minimization is one of the important factors to consider during project management, especially as we are constrained by time, budget and resources. By carefully planning and managing the project’s life cycle, we can mitigate most of the project risks.

Project Management Life Cycle

PMI’s A Guide to the Project Management Body of Knowledge (PMBOK Guide) identifies project life cycle as:

Initiating Phase:

Also known as ‘conception’ phase, here the team identifies the goal to be achieved and gathers the resources required to get started.

Planning Phase:

Here the team meticulously devises schedule of tasks, allocates tasks and resources required to accomplish the project goals. Project timeline is created with milestones set so that the project’s progress can be monitored. It is during this phase and here after that it is most essential to use a Gantt Chart.

Gantt Excel allows you to visually represent the progress of your project by providing a comprehensible snapshot of your project’s status.

In the Gantt chart, you begin by creating a timeline for the project, setting milestones (smaller achievements leading to achieving the bigger goal), you define dependencies if any (activities that need to be undertaken before or after a certain task), thus giving you and your team the minimum total time required to complete the project (also called Critical Path Model).

Gantt chart also allows you to allocate tasks and resources, delegate tasks and allows you to share responsibilities.

You can easily build your own Gantt chart by using Gantt Excel. Gantt Excel is an automated excel template and it is super easy to use. It takes a minute to download you have can have a pretty cool looking Gantt chart in a few minutes.

Risks associated with storing your project data on the cloud
Unlike other online Gantt charts and softwares out in the market, your project date is safe in your computer when you use Gantt Chart Excel and not in a random cloud server where there are significant risks associated with storing data. Since Gantt Chart Excel is an advanced excel template the data is stored on your personal computer just like you would store any other excel file.
However, you can share your project plan with your colleagues and clients and they will be able to view and actively update the Gantt chart as required. Also, our Gantt Excel template requires no learning curve as most of your team members are used to using Excel either in Windows or macOS.

Executing Phase:

This phase is where all the actions happen. The team members co-ordinate and execute their tasks. Generally, a project manager oversees the whole project, communicating with the team about the progress, adding resources if needed and basically ensuring that execution phase complies with the planning phase. Ideally planning phase is the blueprint for the execution phase; however in real world, due to un-anticipated events and external forces, it is reasonable that execution phase might go tangent from planning phase. Therefore, it is important to ensure that some buffer time for these events is considered during the initiation and planning phase of the project. This is also why you should actively update your Project Gantt chart to keep your progress on track and accurately record the accomplishment of the tasks, sticking with the timeline.

Controlling Phase:

This phase occurs simultaneously with the executing phase as execution and controlling/ managing projects go hand in hand. Handling unexpected hurdles and also keeping the track of the project according to the planning are involved in ensuring the project is a success. It can get frustrating to balance both during this phase especially as we are time, budget and resource constrained. It is important to keep the team’s morale high during this phase. This is why celebrating ‘milestones’ is good to lift up team spirit. Gantt Chart Excel allows you to create milestones and even break the primary tasks into child tasks so that responsibilities can be further shared and delegated thus reducing the burnout that team might experience during this balancing phase of execution and control.

Closing Phase:

As we come close to the end of the project, it is said that the momentum is often lost during the last 10% of the project. The team feels like everything is finished and they forget to find details that take a lot of time. This is where a Gantt chart can actually help the team to track every details of the project and also keep the motivation high so that you don’t miss out on details as they say, ‘the devil is in the details’.

“Voila! Our project is now complete.” It is also recommended that you revisit your project details from conception to the closing phase to see what worked and what didn’t and what can be learnt. This is the time to review the Gantt chart to go back and revisit the project details with every detail recoded precisely and accurately.

With this, Gantt Excel team wishes you All the best for your new project.