What is a tracking Gantt chart and what are the benefits and drawbacks of its use?
What will be an ideal response?
A tracking Gantt chart is a Gantt chart with an indication of current project status for each activity. The bar representing each activity changes color to reflect the percentage completion status, ranging from 0% to 100%, of the activity. At any given point in time it is possible to see the progress that has been made on all activities and to determine whether a project is progressing on, ahead of, or behind schedule.
A benefit of tracking Gantt charts is that they are easy to understand. This type of chart can be updated quickly allowing for real-time control. While they show the status of activities, they do not convey why the activities are in their current state. Tracking Gantt charts also do not allow for future projections of the project's status or predictions regarding project completion time or adherence to budget.
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Which financial statement includes a specific date in its heading?
A) Statement of retained earnings B) Statement of cash flows C) Income statement D) Balance sheet
Which of the following is NOT a potential causes of liquidity risk for a DI?
A. A decrease in the DI's stock price caused by market factors. B. An increase in requests to fund large amounts of loan commitments. C. A decrease in the availability of short-term borrowed funds. D. An increase in requests by depositors to withdrawal large amounts of deposits. E. A decrease in asset prices of securities held in the investment portfolio.