|
|
| Gantt Chart - A Gantt Chart is a horizontal bar chart that graphically displays time relationships. In effect, it is a "scale" model of time because the bars are different lengths depending upon the amount of time they represent. It is named after Henry Laurence Gantt, the American engineer and social scientist who first developed it. Gantt charts have been around since the early 1900s and are frequently used in business to plan and manage large projects. |
| Gap Analysis - (1) Examination of the difference between the current state and the desired or optimum state. (2) Technique to help visualize the budget options available in project portfolios. Uses exploratory and normative forecasting and compares the curves associated with the total budget requirements of existing projects with that of the total anticipated budget for all projects, even those that are not under way. An anticipated gap can be determined and analyzed. |
| Go/No-Go Decisions - Critical decisions which occur at key project milestones to review project and/or contractor progress. Each Go/No-Go Decision has key criteria which must be met in order for the project/contractor to progress to the next phase or stage. The Go/No-Go Decision is a formal decision made by the project manager, sponsor and appropriate executives or stakeholders. If the decision is 'No-Go', a list of specific action items are documented which must be completed before the project/contractor may move to the next phase or stage. |
| Governance - The planning, influencing and conducting of the policy and affairs of the project. |
| Guideline - Document that recommends methods and procedures to be used to accomplish an objective. |
