Final answer:
The statement is true; Henry L. Gantt developed Gantt charts roughly 100 years ago for project management, which continue to be widely used today in business and engineering for scheduling and tracking projects.
Step-by-step explanation:
The statement that Henry L. Gantt developed Gantt charts almost 100 years ago is true. Gantt charts were developed by Henry L. Gantt, an American mechanical engineer and management consultant, in the 1910s. Therefore, as we are in the 2020s, it has been approximately 100 years since their development.
Gantt charts are a project management tool that assists in the planning and scheduling of projects of all sizes. They are especially useful for visually representing the timing of various tasks within a project. A Gantt chart displays tasks horizontally across a time period, with the start and end dates, as well as the overall timeline for the project. This allows for easy tracking of progress and the relationship between tasks.
Their use has become widespread within business and engineering, and they remain a staple within project management methodologies. Due to efficient visual communication of schedules, deadlines, and task dependencies, Gantt charts are a key tool in assisting project managers to oversee project timelines and resources.