article thumbnail

100+ Project Management Terms: PM Terminology Explained

ProjectManager.com

Event chain diagram This is a visual way of demonstrating the relationship between events and tasks and how they impact one another. Event chain methodology A method that focuses on identifying and managing events and series of events that impact a project’s schedule.

article thumbnail

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. Event chain methodology helps recognize and plan for potential risks that may lie outside the project scope. Most projects don’t go exactly according to plan.

article thumbnail

The Complete Glossary of 614 Project Management Terms

Workamajig

Event Chain Diagram: A visualization of project events and how they affect each other. An event chain diagram maps both project risks and project events to identify opportunities as well as threats. Event chain diagrams are used in event chain methodology to manage project schedule and control risk.