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Project Management Methodologies Review (Part 1)

Wrike

Event Chain Methodology (ECM). Event chain methodology helps recognize and plan for potential risks that may lie outside the project scope. PRO: By visualizing the relationship between external events and tasks, managers can create more realistic project plans. Most projects don’t go exactly according to plan.

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The Complete Glossary of 614 Project Management Terms

Workamajig

Events and milestones are represented as nodes. Contingency Plan: A formal plan that details the evasive actions that can be taken in the event of a contingency. Event Chain Diagram: A visualization of project events and how they affect each other. Each activity is represented with arrows.