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Critical Chain in Managing Multiple Projects

LiquidPlanner

Critical Path invented in the 1950s. Critical Chain Method invented in 1997 . Critical Chain uses common sense considerations that are ignored in most other methods. What is Critical Chain Project Management? Instead, use project management software to do this heavy lifting. Sound daunting?

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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

However, project managers should know about their project’s critical path, especially if there are lots of dependent tasks and the dates are a challenge. Critical path method (CPM) has its roots in the US Navy back in the 1950s. They’ll tell you how the project activities are linked and you enter the data into the planning software.

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Project Management Framework Types, Key Elements & Best Practices

ProjectManager.com

A project is executed by a team within an organization that has some sort of a project management framework established to enable the process. A project management framework is a framework that maps out the methods, processes, tasks, resources and tools needed to take the project from beginning to end. But it’s simple to untangle.

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Top 10 Project Management Methodologies – An Overview

ProjectManager.com

We’ll go through some of the most popular project management methodologies, which are applied in many sectors such as software development, R&D and product development. The name is apt, as the waterfall methodology is a process in which the phases of the project flow downward. Top 10 Project Management Methodologies.

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Why Use What-If Scenario Planning in Project Management

LiquidPlanner

“The time it takes to complete a task that always varies, except tasks in Project Management software.” So we will not use the best-case estimate for the final due date, which assures we will be late half the time. We might even blame the software! We didn’t plan for a 50% OTP but 95% OTP, a critical KPI.

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Theory of Constraints: A Guide for Project Managers

ProjectManager.com

There is always at least one constraint, and the theory of constraints uses what is called a focusing process to identify that constraint, and then restructures to address it. Think of it like the old axiom, “A chain is no stronger than its weakest link.” What Is the Focusing Process? It is a five-step process.