Using a Gantt Chart template will allow you to quickly estimate how long the whole project will take. You cannot simply add up all the months to get an estimate of the whole project because there are many processes which will be running at the same time. The sales department will have to grab interested retailers who will be willing to purchase the product which should take them 1 month. The supply chain department will need a month to figure out the logistics of supplying the product to retailers. Gantt Chart TemplatesĪssume that production will take 1 month marketing will take another month to create branding for the product and 2 months more for advertising campaigns.

The supply chain department and the sales department will need to know how they will be able to push the product out to the retailers. Marketing will have to create an identity for the product and then create advertising campaigns for the product.

You will have to ensure that the product can be manufactured within your company’s factory and create a production schedule for it. The project will involve multiple people and multiple processes running at the same time. Let’s say you are trying to estimate how long it will take create a new product and send it to the market. Gantt Charts become much easier to understand with the help of an example. Such projections are very complex due to the multitude of processes involved in large projects Gantt Charts simplify the projections by presenting a lot of information in one glance. Mostly, Gantt Charts allow project managers to quickly give estimates about how long the project will take to complete. It also allows you to manage processes that depend on the completion of other processes. It allows you to quickly see the status of any project and see how far along it is. The basic idea behind Gantt Charts is very simply they simply tell you about the overlap of processes. Gantt Charts are a vital tool when it comes to project management, so widely used because of how useful they are.

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