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

Steps to create run chart, The steps to create a run chart are: 1.   Id...

The steps to create a run chart are: 1.   Identify the process to be observed: Ensure that the process involves some kind of repeatable activity in which results remain consis

Marketing, labeling and packaging of cadbury products in terms ok marketing...

labeling and packaging of cadbury products in terms ok marketing

Decide modules, There are also seven decide modules on our model. The first...

There are also seven decide modules on our model. The first one decides whether patients need a wheel chair or not; if yes, they will be sent to a clerk who is responsible for spec

What do you mean by the term dependency, What do you mean by the term depen...

What do you mean by the term dependency? How can project dependencies be shown for planning reasons? Dependency arises when, for illustration, task or deliverable 'A' should be

Explain constant power and constant impedance, Study of the Load impact on ...

Study of the Load impact on power flow with (constant power, constant impedance, constant current, induction motor) and use the PowerWorld simulator.

Explain the procedure of modi method, Q1.  Explain the procedure of MODI me...

Q1.  Explain the procedure of MODI method of finding solution through optimality test. Q2.  a. Explain the steps in Hungarian method. b. Solve the following assignment proble

Multilpe choice questions, Which of the following statements about variable...

Which of the following statements about variable and fixed expenses, as they relate to relevance , is/ are true? (1) Variable expenses may or may not be, relevant costs? (2) Varia

Calculate the elapsed time of the critical path project, Calculate the elap...

Calculate the elapsed time of the critical path project when A Critical path of ACDEFGIJ is given below and the elapsed time of the project is 25 weeks. Th

Barriers to implementing tqm, BARRIERS TO IMPLEMENTING TQM: The implem...

BARRIERS TO IMPLEMENTING TQM: The implementation of TQM in library organisations provides an opportunity to update and enhance the abilities of the staff to work effectively,

Misconceptions and pitfalls, The followings is a list of some of the comm...

The followings is a list of some of the common misconceptions that should be understood by those claiming to have used quality by design: 1. Quality by design is not simult

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