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There is no better way of understanding a process, a change, or an improvement, than seeing it in a chart examples . Charts make it easier for us to get the idea or to see what is different. You see, mere words fail to provide us with the information we need at first glance. You’d still have to make an effort to read the document multiple times until you can fully grasp the message it’s trying to convey. It’s even more difficult to asses when you’re meant to make comparisons between two different subjects. With a chart, people would no longer need to create mental pictures in their head as the chart does the work for them.
Charts are seen as graphical representations of data. They can come in different types, such as Gantt charts, pie charts and flowcharts. This is because they each have unique purposes with different data to display. They could either be used in academics or business. Charts are used for several different purposes, depending on how you wish to present your data. For instance, flowcharts are considered to be road maps that show how a process or a system flows. It presents information in a chronological order that is simple enough to comprehend. The information depicted in a given chart makes it easier for us to analyze and draw conclusions. Although charts may come in various forms, they’re all considered to be an effective way to present facts and statistics.
While charts may be used in any field, they’re particularly useful in business. Business charts are those charts that represent business-related information. The data in these charts come from an extensive research on stock values, market trends, and survey statistics collected by the company. It serves as an effective tool used in analyzing a company’s internal and external aspects. To be more specific, business flowcharts are typically used for comparing sales data, income and other financial data. Through this analysis, a company may then formulate strategies and plans for the business.
We define charts as sheets that present us with information. This could be through a graph, a diagram, or a table. Now, imagine life without charts, and that would refer to everything that’s considered to be a chart. If you think about it, we’d be all over the place. Not to say that living would be impossible without charts examples, but it might as well be a lot more challenging. For starters, charts are meant to keep things organized. If we decide on comparing two items based on their corresponding specifications, it would be difficult for us to evaluate such if it’s being described in paragraphs. But if we use tables or diagrams, we can easily point out each item’s unique features. Using charts save us the time and effort in evaluating the given data of a subject.
Data analysis comes in three particular forms, this could be through a comparison, a transition, or even a composition of data.
The use of charts do not stop there, as there are various charts that may fall into all three categories. For instance, a table. Tables are good for presenting precise values, but it may only display a few variables and data points. This is because there may be scenarios when a transition or change may not easily be grasped when presented in a table. It’s best to consider the amount and behavior of your data in determining your chart.
A Gantt chart is considered to be a type of bar chart that depicts a project schedule. This typically includes the activities involved in the planning and development process of a project. This is so that project members may be guided on target dates and deadlines for each aspect of the given project. Aside from project management, Gantt charts are also used in employee scheduling, wherein employee shifts and tasks are tracked by an employer. In the past, Gantt charts were handwritten time bars that were created on paper. Nowadays, thanks to technology, Gantt charts may be created with the help of various online applications.
A Gantt chart and a PERT chart are two project management tools used to display tasks involved in completing a project. However, each has its own distinct feature.
In a Gantt chart, data is represented similarly to a bar chart. The length of the bar represents the duration of which it is being worked on while the position reflects the start and end date of each. This provides an precise time duration to complete a task, as well as the percentage completed so far. The relationship of each task is then shown in the form of an arrow.
A PERT chart, on the other hand, comes in the form of a flowchart example or a network diagram. Contrary to a Gantt chart, a PERT chart is utilized for larger and more complex projects with a high intertask dependency. Since it is composed of interconnecting networks of independent tasks, this chart is utilized to focus on smaller parts of the project.