A Gantt Chart is an excellent project management tool for the scheduling, budgeting and reporting of a project. The easiest, but perhaps not the most useful, tool for creating Gantt Charts is MSProject. Each task is listed on the left-hand side of the chart with a timeline shown on the right. Milestones can be easily marked and the schedule and costs can be easily updated where necessary.
Project Management is the planning and management of a range of tasks, particularly where there are complexities either within the tasks or within the teams working on the project, in order to achieve a deliverable at the end of the project.