Project management tools and techniques

Project management tools – tools, techniques, procedures and
activities that are used to help project managers and team members
successfully initiate and complete a project on time and within budget
by tracking all the components of the project.

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Choice the correct answer. Which of the following Project tools (computer software) are also referred to as a bar chart?

Projects can differ in nature, but some general principles and processes can be applied to most projects. Tools and techniques are used to help successfully initiate and complete a project on time and within budget by tracking all the components of the project.

Project tools and techniques can be described as:

  • Techniques describe the ways that we gather information, communicate, and generally get things done in the most efficient and effective way.
  • Tools which are used to assist with accomplishing and executing tasks, some require a computer with supporting software, while others can be used manually.

Project Tools - two important computer software tools:

Milestone chart – a project timeline that displays the major activities and tasks of a project and their expected completion dates.

Gantt chart – sometimes referred to as a bar chart. The left edge of the bar displays the predicted start date of the activity and the right edge of the bar indicates the planned end date.

Project techniques:

Business Change Analysis

A technique used to integrate all change activities into a total business sequence change program.

 Critical Path Analysis

An analysis technique used to identify the critical (essential) and non-critical (non-essential) activities associated with a business process/work plan and the amount of slack associated with each activity.

Cycle Time Analysis

A technique that examines the total length of time an activity needs to complete its cycle.

Gap Analysis

A set of techniques to examine and describe the gap between current performance and desired future goals.

Source: https://www.projectmanagement.com/wiki/techniques/

  • Gantt chart
  • Milestone chart
  • Wiki chart