Which component is essential for showing the deliverables that must be completed in a project?

A Gantt chart is essential for illustrating the deliverables that must be completed in a project because it visually represents the timeline of a project. This chart breaks down the project into tasks or deliverables, showcasing when each task starts, how long it will take, and when it is expected to be completed. This enables project managers and teams to track progress in real-time and ensures everyone understands the schedule and dependencies between tasks. The visual format facilitates easy communication about timelines and responsibilities, making it an invaluable tool for effective project management.

While the other options have their own roles in project management, they do not primarily focus on displaying the deliverables and timelines in the way a Gantt chart does. An organizational chart primarily illustrates the hierarchy and relationships within a team or organization, a budget outlines the financial aspects of the project, and a governance plan defines the framework of authority, roles, and responsibilities within the project. Each of these elements is important, but they do not serve the specific purpose of tracking deliverables as well as a Gantt chart.