Remove Critical Chain Remove Lean Remove Performance Measurement
article thumbnail

The Complete Glossary of 614 Project Management Terms

Workamajig

Critical Chain Method: A method for scheduling projects with uncertain deadlines and limited resources. In the Critical Chain Method, project managers rely on placing buffers on project schedule paths to make room for unexpected contingencies. This makes negative variance an important measure of project performance.

article thumbnail

Project Management Glossary: 200+ Terms PMs Frequently Use

Epicflow Blog

is initial data for your project performance measurement necessary for the start. Cost Performance Index/Indicator (CPI) . is EVM (earned value measurement) metric used to calculate the cost efficiency for the work completed. Cost Performance Measurements . Critical Activities . Critical Chain .

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Project Management Glossary: 200+ Terms PMs Frequently Use

Epicflow Blog

is initial data for your project performance measurement necessary for the start. Cost Performance Index/Indicator (CPI) . is EVM (earned value measurement) metric used to calculate the cost efficiency for the work completed. Cost Performance Measurements . Critical Activities . Critical Chain .

article thumbnail

Overview of the PMBOK® Guide Seventh Edition – Lesson 3 Transcription

MPUG

Definitely, there has to be the communications planning involved with that as well to more of a lean and effective type of method. The great part about this, the great part about this particular domain is not only are they talking about what to measure, but they’re also talking about different ways that you can perform measurements.

PMI 59