Are you running a big business setup and are having a hard time managing important events of your project? A Gantt chart template excel with Milestone is very helpful and efficient in this regard. You can easily trace stakeholder’s performance within given deadlines.
A Milestone basically is associated with the Gantt charts to provide a detailed overview of the project. For a high-level illustration and explanation Milestone must be associated with the Gantt. Milestones also ensure better communication between the team and higher authorities of the project.
- Manage Gantt Chart (Daily, Weekly, Monthly)
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- XLS-Based Template (Version 2010+)
- Project Management Timeline Template Excel
- Workload Management Template Excel
- interactive Gantt chart excel
- Gantt charts for Multiple Projects
- Project Milestone Template Excel
In this article, we will see what are Milestones and why are they important? We also will discuss how is a simple Gantt chart and a Gantt chart with Milestone are different from each other.
You can read a related article and also get the article: Scope Management Plan Template
Overview of Gantt Chart Template with Milestone
This tool Gantt Chart with Milestone Template Excel keeps an account of the important events and processes in the project. The Milestones are also helpful in batter representation of the project’s important goals and objectives. This also is an excellent and most efficient tool for planning and analyzing the key components of the project process.
Milestones associated with the Gantt charts make communication easy and straightforward. You can present your project to clients and stakeholders easily by using Milestones. While on the other hand Gantt chart separately focuses only on the general outline of the tasks.
You can read a related article and also get the article: Project Management Timeline Template
What is the Format of the Gantt chart with Milestone Template Excel?
The simple Gantt chart is quite different from each other. The Milestones basically are timely and planned events expected to happen in a specific time frame. The main components of a general Gantt with Milestone is:
- Name of the project Firstly you write the name and details of your project.
- Task name
- Duration of the project
- Start date
- End date
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How to create a Gantt chart with a Milestone template?
Now the question is how we create an effective Gantt chart with Milestone template excel. It is not as difficult as it seems all you got to do is some alterations in a simple Gantt chart.
Following are some of the steps representing the important steps in creating a Gantt chart with Milestones:
- First, you must enlist the tasks with Milestones associate with them. Here in this part, you can make note of the start and end dates and the time as well.
- Then in the next step is making the tables for Gantt charts. In this the calculation of the duration of each task is necessary. Here in the same step the Milestones are identified and specified.
- After this, now convert the data into bar and graph charts. This makes the data more presentable and easier to interoperate.
- Then document the project name and necessary detail in the related graphs. You can format and alter the graphs according to your project need.
You can read a related article and also get the article: Workload Management Template Excel
Benefits of using Milestones in Gantt charts
Milestones basically serve as highlights and signals for the important events in the project. These important occasions could be like starting date, finish date, task completion, and many more. The importance of Milestones can not be denied as it enhances the effectiveness and efficiency of the Gantt chart with Milestone template excel as well. You can also read the supporting article Agile Project Management
Milestone serves as an alarm and quick overview of the important events in your project development throughout each stage. Furthermore, this also allows you to have a birds-eye on all the important dates and keep you update about all the events.
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Therefore, this is also very helpful in the strategic planning of key events. Milestone Gantt charts are also useful in better understanding of project scope and schedules by highlighting the most vital and important occasions of the project. Milestones in project management help in marking significant events without any significant time to miss or overlook. You can also read Employee KPI Template Excel.
Why Project tracking with Milestones?
Not only can you monitor the important events by using the Gantt chart with Milestone in Gantt, but you can also track your project tasks quite effectively with this tool. It allows you to see how far you have gone and how far you must go further to complete the project.
Milestones let you know who is doing and what and when helpful article Agile Sprint and Agile Project Planning.
Therefore, the stakeholders are interested in general and comprehensive information about events. So, this could easily be provided by the graphs made in Gantt using Milestones. Thus, this tool comes very handy and is efficient when it comes to dealing with your shareholders and business patterners.
Consequently, we have seen that Milestones are a very important part of every project to highlight the essential happenings and events. So, it is recommended to use a Gantt chart with Milestone template excel for better project management and execution.