Wednesday, August 19, 2009

PERT CHART and GANTT CHART of buying a house

Think of all the task that you perform when you purchase a house & lot. Include any research, decisions considerations, or financial issues that relate to the purchase. Draw a Gantt Chart & PERT Chart that shows all the tasks and the estimated duration of each

PERT CHART





A Gantt chart is a type of bar chart that illustrates a project schedule. Gantt charts illustrate the start and finish dates of the terminal elements and summary elements of a project. Terminal elements and summary elements comprise the work breakdown structure of the project. Some Gantt charts also show the dependency (i.e, precedence network) relationships between activities. Gantt charts can be used to show current schedule status using percent-complete shadings and a vertical "TODAY" line as shown here.

Although now regarded as a common charting technique, Gantt charts were considered revolutionary when they were introduced. In recognition of Henry Gantt's contributions, the Henry Laurence Gantt Medal is awarded for distinguished achievement in management and in community service. This chart is used also in Information Technology to represent data that has been collected.

Gantt Chart


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