Graphs, Project Management

Assignment Help:

Graphs

The purpose of graphs is to organise, summarise and display data. The different types of graphs are line graphs, bar graphs, and circle graphs. The steps involved in preparing graphs are:

1.  Define events and data: Just like the cheek sheet it is important to determine the information that will be addressed in the graph.

2.  Design the graph: Considering the data and the audience of the graph choose the type of graph to be used.

3.  Collect data if this has not been done: A check sheet will help in this step. Data may be collected incrementally and cumulatively over time.

4.  Enter data: Prepare the graph by entering data.

Project financial information can be reported using a line graph. The line graph in figure shows how project expenditures are progressing over time in relation to the project budget.

1141_line graph.png

Figure : Line Graph

A bar graph displays data as vertical or horizontal bars. It shows data over time or data at a single point in time. Figure shows a bar graph that displays project budget and expense data by quarter for a twelve month period.

703_bar graph.png

Figure : Bar graph

A circle graph or Pie chart is also known as pie chart is used for displaying data  when  the  data  elements  and  the  whole  are  more  important  than showing data over time. Figure 4.4 shows employees in an Organisation according to education level.

82_pie chart.png

Figure : Pie Chart


Related Discussions:- Graphs

Explain the different methods for monitoring the project, Question: (a)...

Question: (a) The purpose of Project Monitoring and Control is to evaluate and provide an understanding of the evolution and progress of a project. This enables measurement of

What are the techniques used for a post completion review, What are the tec...

What are the techniques used for a post completion review? Techniques used for a PC (post completion) review: a. End user satisfaction surveys regarding to the quality of th

Unit rate contracts , Unit rate contracts  In a unit-rate contract, the...

Unit rate contracts  In a unit-rate contract, the seller commits to providing each unit of work defined by a buyer for a fixed price per unit of each work item. Engineered m

Main items present in the risk log or risk register, QUESTION (a) Risk ...

QUESTION (a) Risk has always been an intrinsic part of project management. With increasing market dynamic conditions, Safety and Health in workplaces, changing technology and g

Work breakdown structure, I have a project that I would like to have a work...

I have a project that I would like to have a work breakdown structure developed for.

Developing a project management structure, Problem 1: Describe the seve...

Problem 1: Describe the seven Baldrige criteria 1. Leadership 2. Strategic planning 3. Customer and market focus 4. Measurement, analysis and knowledge management 5. Human r

Communication and reporting in project management, C ommunication and repo...

C ommunication and reporting Effective communication among all project stakeholders is a leading factor to the success of a project. Sharing knowledge empowers every project s

Define the revolution of changing in information technology, Define the rev...

Define the revolution of changing in information technology. Conversely, revolution of changing in the field of information technology has posed some of challenges for various

Good project planning, Over the years, E has had a number of business succe...

Over the years, E has had a number of business successes in the building trade and property development. Her latest venture is to build a hotel in YX town. E has already gained the

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd