What does a Gantt chart typically represent?

A Gantt chart is a specific type of bar chart used in project management to visually represent the timeline of a project. It shows the start and finish dates of various elements of a project, including individual tasks or phases, allowing project managers and teams to see how tasks overlap and the sequence in which they should be completed. This visual representation helps in planning and scheduling by clarifying what needs to be done, when it needs to be done, and by whom, making it easier to track progress against deadlines.

In contrast, a financial plan for a project focuses on budgeting and financial forecasting, involving calculations on costs and revenues rather than scheduling tasks. A list of contractors would detail the parties involved in the project but would not provide insights on project timing or phases. Budget allocations pertain to how funds are distributed across different parts of the project, which is essential for financial management but does not illustrate the scheduled progress of tasks. Thus, a Gantt chart serves as a powerful tool for tracking timelines and phases, making it invaluable for effective project management.