This document should contain sections that specifically relate to each of the requirements in the business requirements document so that every functional item can be tracked back to an original business need.
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.