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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? These days, I can hit the right button in Microsoft Project, critical path analysis happens behind the scenes and the key tasks are highlighted for me. Why does a phased budget matter? Great – that works fine for simple projects.

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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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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? . Ultimately, all project stakeholders will contribute to achieving what is promised so start early with a candid and realistic review of what can be delivered when and for how much.

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Epicflow Glossary: Names of Features and Terms Used in the System

Epicflow Blog

Epicflow is a multi-project and resource management software solution that has quite a few features that contribute to the successful project delivery in a multi-project environment. A chart with project and budget views to show project workflow against the background of time and budget constraints, correspondingly. Dashboard.

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5 Signs of Bad Resource Allocation and How to Improve It with a Resource Management Solution

Epicflow Blog

Read further to estimate the level of your resource allocation and take measures to advance it. . Due to the fact that projects are interdependent in a multi-project environment, this can create bottlenecks that will jeopardize the success of all of them. Sign 4: Regularly missed due dates. .