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Critical Chain in Project Management: A Quick Guide

ProjectManager.com

Think of it as a critical chain. This is Critical Chain Project Management (CCPM). What Is the Critical Chain Method? At it’s core, the critical chain method plans and manages project resources. Think of it like the adage that a chain is only as strong as its weakest link.

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Level up your project schedules: 5 advanced techniques

Rebel’s Guide to PM

Critical path method Do you really know the critical path of your projects? Time-phased distribution of cost Time-phased project budgets allow you to work out exactly when your project budget will be spent. Why does a phased budget matter? You don’t see many construction projects being managed in a spreadsheet.

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Why You Should Use Ranged Estimation for Your Projects

LiquidPlanner

I my first 15 years, I used single-point estimation to build project schedules. The next ten years I used ranged estimations with traditional Gantt chart project scheduling software tools – this was better but cumbersome. Ranged estimation has been around since the introduction of PERT and the three-point estimation method.

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Bubble Graph: Critical Chain Fever Chart Re-Imagined

Epicflow Blog

Let’s examine the way Epicflow’s team has made a classical critical chain (CC) tool called “Fever chart” more powerful with Bubble Graph. . A “fever chart” term is closely related to the Critical Chain Project Management (CCPM) from the Theory of Constraints (TOC). What’s Fever Chart? What’s Bubble Graph? Filtration.

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Critical Chain Project Management

ActiveCollab

Critical Chain Project Management is a schedule network analysis technique that takes into account task dependencies, limited resources availability (people, equipment, physical space), and buffers necessary to successfully complete the project. The origin of Critical Chain.

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Why Use What-If Scenario Planning in Project Management

LiquidPlanner

New thinking prompted action, a plan was approved,, budgets authorized, and training developed. One of the first ways to do this is to ask these simple questions: How often have your projects finished on time compared to their original estimates? We’ll use the high-end estimate percentage and be pessimistic about finish dates. .

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7 Questions to Ask Your Team for Better Project Engagement

LiquidPlanner

How can we make sure our project stays on budget and on time? . Ah, the age-old question… how can we deliver the project on time and on budget? . What solutions can we present to the customer as competing priorities or critical chain roadblocks emerge? . Overly discussed? Priceless! .