Sumedh Meshram

A Personal Blog

How Do Gantt Charts Make Project Managers’ Lives Easier?

Do you want to have a way to see how tasks are progressing? Want to see what roles are there in a project and how others depend on them? If you’ve always wanted a quick view of how far behind or ahead of schedule your project is, then it’s time for Gantt charts.

We believe that you might have already heard about Gantt charts considering their popularity in the project management domain. As a new project manager or team leader, it’s absolutely fair on your part to have some apprehensions about them.

Fret not, we are going to clear all your doubts regarding Gantt charts, the benefits they offer, and their purpose in project management in this post. Before that, let’s learn a little bit about their history.

Historical Background

People often think that Henry Gantt was the man behind the Gantt charts, but in reality, it was Karol Adamiecki, a Polish engineer who devised these charts for better planning in 1896.

Adamiecki published his work only in Polish and Russian and the first ever Gantt chart was named as the Harmonogram. After some years, Gantt started working on these charts and made them popular, thus the name "Gantt charts."

Why Use Gantt Charts in Project Management

The best thing about Gantt charts is that they are sufficient in equipping you with the right tools to plan, manage, and schedule projects. Gantt chart software also helps you to automate processes, create dependencies, add milestones, and identify critical paths.

A Visual Timeline of Tasks

Gantt charts provide a visual timeline of the project so that you can schedule your tasks, plan, and iterate your projects quickly and more efficiently. One gets to see an overview of milestones and other important information that provides a clear picture of who’s working on what and other deadlines related to them. Such information plays a key role in effective project planning and tracking by bringing together everything you need to meet deadlines and deliver projects successfully.

Keeps Everyone on The Same Page

With Gantt charts, you get a unified view of all the projects at one central place, making it easy for you to handle team planning and scheduling. Also, the visual nature of these charts makes it easier for people working together to set mutually agreed upon efforts and work in unison to achieve the desired goal. It reduces any chances of misunderstanding among team members while working on difficult tasks as everyone is already on the same page.

A Better Understanding of Task Relationships

Often, a task is both dependent and related to other tasks as well. These charts help you understand how various tasks are interrelated. They also help you set dependencies between different tasks to reflect how a change in their scheduling is going to impact the overall project progress of a project. With a better understanding of task relationships, one can assure optimum workflow and maximized productivity.

Allocate Resources Effectively

A Gantt chart software helps you delegate work items to different people and allocate resources in a way without overloading anyone. By appropriately following the chart, you can adjust or share resources if someone in a team needs help. If resources know what to do when and are managed properly, there is a better chance of completing the project on time and within the desired budget, too.

Seamless Communication

Anyone working on a project doesn’t have to run to another team member to ask a question; you can communicate easily and seamlessly with a Gantt chart software. Once a plan is devised, approved, and started, forget about remembering who’s working on what as the visual nature of Gantt charts tell everything you need to know at one place. That’s how Gantt charts have made things easier and stress-free for project managers so that they can focus on getting things done.

Track the Project Progress

Whether your project is small or complex, one of the crucial things for a project manager is to see how a project is progressing and whether things are on track or not. Gantt charts show the complete percentage of every task being handled by team members that give an estimation of the time needed to get tasks done. Gantt charts are indeed one of the safest bets to predict the project progress and see if you need to change your strategy or not.

More Accountability

Every Gantt chart software comes with easy drag-and-drop for efficient scheduling. Whether it’s about scheduling start and end dates to rescheduling them or setting dependencies, everything works well with Gantt charts. Team members get a sense of accountability while moving tasks and the task completion bar constantly reminds them to deliver a project before the deadline.

More Clarity, Less Confusion

Gantt charts are simple and straightforward. Apart from its intuitiveness, they use the critical chain to highlight important tasks. Gantt charts highlight the critical path that helps you identify tasks which are directly impacting the overall progress of a project. The clarity helps team members to know what’s working and what’s not so that they can change their strategy to achieve their goals. This lessens the confusion and brings more clarity in the process.

Complete Projects on Time

As Gantt charts provide a unified view of tasks, projects, and resources, they help you focus your precious time, effort, and brainpower on things that actually matter. When team members visualize their efforts in a project and how the progress of the entire project is somehow dependent on them, it provides real motivation to them.

Stay Ahead Always

Not only one can stay on top of things with Gantt charts but they also help project managers to stay ahead of their schedule if they follow Gantt charts precisely. Project managers can analyze the team performance and figure out patterns that must be readjusted for better output.

Conclusion

By now you might have understood the importance of Gantt charts in a project manager’s life. However, if your work revolves around complex projects, you might want to go for a task management software that enables more than using a Gantt chart. There are many project management solutions with elaborated features to choose from. Get a free trial, and make the best choice.

Reference : https://dzone.com/articles/how-do-gantt-charts-make-project-managers-life-eas

What is the Most Popular Blockchain in the World?

Blockchain technology in on the rise and so are its applications, thanks to Bitcoin and Cryptocurrency for making blockchain a household name. The blockchain is not just an application. It is a technology that promises to bring trust, transparency, and accountability to digital transactions. Blockchain technology can be applied to almost any industry that involves digital transactions.

Most Popular Blockchain

In this article, I will review some of the most popular blockchains in the word.

If you’re new to Blockchain, I recommend start reading What Is Blockchain Technology.

Blockchain starts with Bitcoin. Bitcoin is one of the most searched keywords in Google. The following chart shows the popularity of blockchains.

 

The following Table lists the Top 15 most popular blockchains in the world. The report is based on the past 90 days of activity.

Rank

Blockchain

Trends

(Last 90 days)

Global volume

Traffic Rank

Reddit

Twitter

OverallScore

#1

Bitcoin

45

11M

14,497

1.0m

 

1.00

#3

Ethereum

5

2.0M

26,614

423k

438k

0.26

#4

EOS

11

469K

276,619

61.9k

192k

0.23

#5

NEO

4

410K

128,762

97.8k

316k

0.22

#6

TRON

6

545K

90,677

68.8k

366k

0.20

#7

Litecoin

3

1M

233,038

199k

437k

0.20

#8

Stellar

3

278K

58,476

98.7k

260k

0.20

#9

Waves

3

*

38,623

56.6k

135k

0.19

#10

Monero

<1

361K

84,112

151k

313k

0.17

#11

Dash

<1

*

84,217

23.2k

320k

0.12

#12

Cardano

<1

291K

100,820

70.5k

148k

0.12

#13

Verge

<1

*

294,930

53.7k

305k

0.10

#14

NEM

<1

236K

149,135

18.5k

215k

0.10

#15

Tezos

<1

82K

208,139

10.8k

39k

0.06

Please note, this report is based on an algorithm and data collected from various sources on the Internet. The rankings may change over time.

The Score of a blockchain is calculated based on the following factors.

 

  1. Keyword searches in Google
  2. Social media followers on various platforms
  3. Community size on platforms such as Twitter, Telegram, Discord
  4. Articles and content are written on the blockchain
  5. Market adoption and valuation
  6. CMC ranking
  7. Buzzwords and talk on the Web
  8. Meetup, user group events, hackathons, and conference participations

 

#1. Bitcoin 

 

Bitcoin King of Blockchain 

Bitcoin is the king of the blockchain. Bitcoin is the mother of all cryptocurrencies. Bitcoin is the reason we’re talking about blockchain today. Bitcoin was created by Satoshi Nakamoto and was released on Jan 9, 2009. Bitcoin is written in C++ programming language. Bitcoin project is an open source software project available to download from Github. Several cryptocurrencies have been created using the Bitcoin project and protocol. Blockchain has a limited supply of 21 million bitcoins.

Bitcoin is also a cryptocurrency, also known as digital currency, that is used for digital payments. Bitcoin’s market symbol is BTC. As of now, Bitcoin’s market cap is $64 billion. At one point in Jan 2018, Bitcoin’s market cap reached close to $330 billion when 1 BTC was close to US $21,000. Currently, 1 BTC trades around $3,600 according to CMC.

Bitcoin blockchain also has several forks. Some of the most popular Bitcoin forks are Bitcoin Cash, Bitcoin SV, Bitcoin Gold, and Bitcoin Diamond.

Bitcoin is an open source project available on Github for the public to download and get involved. Any developer can contribute to Bitcoin project. Thousands of developers have download Bitcoin project and have created their own versions of cryptocurrencies from the project.

Bitcoin was one of the most searched words on Google in 2018. Bitcoin’s global volume per month is 11 million searches with keyword difficulty of 96. The United States it the most popular country for Bitcoin followed by Germany, India, UK, and Brazil.

Bitcoin Global Volume 

 

Google Trends shows a significant drop in blockchain products searches from Jan 2018 to Jan 2019. The following graph shows a chart for Bitcoin, Ripple, Ethereum, EOS, and NEO from Jan 2018 to Jan 2019 and as you can see, the popularity of keywords have dropped to almost 95% within a year.

Blockchain Google TrendsIf you want to learn more about Bitcoin, check out What Is Bitcoin In Simplified Terms. 
 

#2. Ethereum 

Ethereum Blockchain 

 

Ethereum was created by Vitalik Buterin, Gavin Wood, and Joseph Lubin and was released to the public in 2015. Ethereum is written in Go, C++, and Rust.

Ethereum calls itself the “BLOCKCHAIN APP PLATFORM”. Ethereum is a decentralized software platform designed to create and execute digital smart contracts. Ethereum uses a new programming language called Solidity to write smart contracts. Ethereum blockchain is executed on the Ethereum Virtual Machine (EVM).

Ethereum has a cryptocurrency called Ether. Ether is the underlying token that fuels the Ethereum blockchain network. Ether’s public symbol is ETH. As of now, Current market cap of Ethereum is $13 billion. Currently, 1 ETH trades around $126 according to CMC. 

#3. EOSIO 

EOSIO Blockchain 

 

EOS.IO, authored by Daniel Larimer and Brendan Blumer, was developed by a private company, block.one. EOS was released to the public in 2018.

EOSIO calls itself “The most powerful infrastructure for decentralized applications”. EOS is an open source blockchain protocol that simulates an operating system and computer and allows developers to build decentralized software applications. EOS.IO is written in C++.

EOSIO is open source licensed under MIT software license. The software provides accounts, authentication, databases, asynchronous communication and the scheduling of applications across multiple CPU cores and/or clusters. The resulting technology is a blockchain architecture that has the potential to scale to millions of transactions per second, eliminates user fees and allows for quick and easy deployment of decentralized applications. 

#4. NEO 

NEO Blockchain 

 

NEO was authored by Da Hongfei and Erik Zhang and was released to the public in 2014. NEO is a blockchain platform and a cryptocurrency. NEO blockchain is designed to build decentralized apps.

NEO’s tagline is “An Open Network For Smart Economy”. NEO is an open source blockchain project available to download on Github. NEO is written in C#. NEO supports major popular programming languages including C#, JavaScript, Python, Java and Go.

NEO blockchain uses NEO tokens on the network that generates GAS tokens. GAS tokens are used to pay for transactions on the network. 

#5. TRON 

TRON Blockchain 

 

Raybo was founded in 2014 in Beijing and became China’s first blockchain company. TRON foundation was established in Singapore in 2017 and in Dec 2017, TRON launched its open source protocol. Justin Sun is the founder and CEO of TRON. TRON launched its MainNet on May 31, 2018.

TRON wants to “DECENTRALIZE THE WEB” and brands itself as, one of the largest blockchain-based operating systems in the world.

 

Key features of TRON are high throughput, high scalability, and high availability. TRON prides itself in higher TPS rate of 2,000 transactions per second, compared to Ethereum and Bitcoin at 35 TPS and 6 TPS per second.

TRON TPS 

 

Summary 

This article lists the top 15 blockchains in the world based on their popularity. Bitcoin is the most popular blockchain in the world.

If you’re new to the blockchain, start with “What is Blockchain” https://www.c-sharpcorner.com/article/what-is-blockchain/ and then read “Do I Need a Blockchain.”  

Further Blockchain Readings 

This article lists the top 15 blockchains in the world based on their popularity. Bitcoin is the most popular blockchain in the world.

What Is Blockchain

Do You Need a Blockchain

Top 5 Blockchain Programming Languages 

References 

 

  • Wikipedia
  • Respective blockchain products websites and their documentation
  • Various traffic analytics and reporting tools
  • Social media websites
  • Community websites and discussion groups

5 Trends In Fintech You Will See In 2019

5 Trends In Fintech You Will See In 2019

 
 

This year, the word “fintech” was mentioned in a Union Budget speech for the first time ever. It was an ambiguous 20th-century portmanteau. Today, fintech has pervaded our daily lives, impacting everyday money decisions. Fintech is the way to go for the financial empowerment of hundreds of millions of Indians.

Here’s how I feel 2019 would progress for the industry.

Consumer Traction Will Continue To Grow

More and more Indians will continue to turn to the internet to solve their money management problems. For millennials born in the age of the internet, their Internet-connected smartphones will be the gateway to the financial services industry.

Not just that, the number of internet users in India will continue to grow at a rapid pace: 500 Mn in 2018 as per IAMAI projections, and 700 Mn by 2020, as per other projections. Fintech will continue to churn out solutions for the internet-connected Indian.

Short-Term Lending To Gain Pace

Payday loans – short-term, unsecured loans – have been around for long in the west. But they’ve only recently started becoming popular in India. You’ll see not just the proliferation of lending startups but also see mainstream banks evolving short-term lending products.

 

Paperless Is Accelerating

The only way forward for fintech is paperless. A consumer should be able to buy her financial service from her smartphone, paperlessly, presence-lessly, without having to submit a sheet of paper or meeting a bank salesperson.

The Aadhaar verdict this year has shaped how eKYC for new account openings is done. New techniques of eKYC have also evolved, and we’re expecting to see some of them in action soon. For example, you may be able to complete your verification through video KYC.

Work is also going on towards making offline Aadhaar a possibility, wherein a user would be able to control the Aadhaar information she wishes to share with a service provider via XML. Offline Aadhaar will allow authentication without biometrics or the sharing of the Aadhaar number.

PMLA Amendments To Enable Paperless Banking

The Modi government has made amendments to the Telegraph Act as well as the Prevention of Money Laundering Act, following the Supreme Court’s Aadhaar verdict. This will pave way for the voluntary use of Aadhaar for new phone connections and bank accounts.

Therefore, not only will customers be able to instantly open accounts, there are now steeper penalties on entities who misuse Aadhaar data or business who withhold services for not sharing Aadhaar.

India is rapidly moving to paperless, presence-less delivery of financial products. With more first-time internet users entering the market, expect more developments and innovation in the customer onboarding space.

An employee walked into my room today and said, "I want to Quit".

An employee walked into my room today and said, " I want to Quit".

I looked at him and asked for a reason.

 He said, " Culture in the office is too demotivating. People are gossiping and have no interest in their work. I think I am losing my skill set."

I smiled and said, "Fine!". But before you put down your papers, carry a glass full of water in your hand and take 3 rounds in the office making sure you don't spill even a single drop of water on the ground.

He was confused but agreed.

He came back after some time and kept the glass on the table. 

I asked him while you were taking rounds did you see anyone gossiping or did anyone disturb you.

He said NO. Rather I didn't notice because I wanted to make sure that water doesn't fall on the ground

So that is the point. If you are too focused on the job in hand, then external things won't disturb you at all.

So stay focused and keep working.

Success will come your way.

Thank you All

Thank you all, the Team of doctors @Dr. Ketan Chaturvedi @Dr. Suhas Salpekar @Dr. Tushar Pande and @Wockhardt hospital team (they stayed available 24X7) when I was under tremendous pain anytime and they show patience while treating an irascible person like me. A Special thanks to @Dr. Sushant Admane my chaddi buddy friend my brother from another mother who co-ordinates throughout the teams of doctors around the world so I can get the best possible treatments from such a unique health issue. Lastly, thanks to my family and friend who supported me as always to come out from this situation. Thanks Again to All... :) Stay Healthy 

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