Final answer:
The Gantt chart, credited to Henry Gantt, is indeed designed for managing sequential and concurrent tasks in project management, providing a visual representation of the project schedule. So the statement is true.
Step-by-step explanation:
The statement that Henry Gantt created the Gantt chart for sequential and concurrent tasks is true. The Gantt chart is a project management tool that is widely used for tracking project schedules.
It visually represents the start and finish dates of various elements of a project schedule.
Tasks are listed on the vertical axis, while the timeline runs horizontally across the top. By detailing when tasks are supposed to happen (sequential) and which tasks can take place at the same time (concurrent), project managers are able to allocate resources efficiently and track project progress.
Hence, Henry Gantt created the Gantt chart for sequential and concurrent tasks is true.