article thumbnail

Critical Chain in Managing Multiple Projects

LiquidPlanner

Critical Path invented in the 1950s. Critical Chain Method invented in 1997 . We often still over estimate the project timeline. Critical Chain uses common sense considerations that are ignored in most other methods. Critical Chain uses common sense considerations that are ignored in most other methods.

article thumbnail

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.

Insiders

Sign Up for our Newsletter

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

article thumbnail

The Big Event and it’s Ripple Effects

LiquidPlanner

In a previous blog post , I discussed the dangerous impact of discarding variation in task estimates and dependencies between other tasks or projects. In that blog, we took a simple set of projects and used the Latest Completion Date as their deadlines. Introducing the Big Event. Recovering from the Big Event.

article thumbnail

What Is Resource Leveling in Project Management?

Teamweek

With this data at your fingertips, you can create more realistic schedules and make more accurate project time estimates. As you compress the project schedule, you have enough time and resources to dedicate to critical tasks. appeared first on Toggl Blog. The post What Is Resource Leveling in Project Management?

article thumbnail

Know all about your project in one place with Gantt chart

Proofhub

Determine The Critical Chain Critical chain management is a part of project planning which ensures that the projects are delivered on time even if there is a possibility of delays of some tasks. A critical chain is basically the longest chain of dependent tasks.

article thumbnail

Student Syndrome in Project Management: Real Constraint or Just Human Factor?

Epicflow Blog

It’s commonly believed that the term has been introduced in the novel “Critical Chain” by Eliyahu M. But the students estimated the task and asked the professor to give them extra time to accomplish it. As a rule, the buffer duration is 50% of the extra time taken from every task estimate. . What Is Student Syndrome?

article thumbnail

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. . when task priorities are unclear or absent; in case of improper task estimations. . That is why the amount of work should be estimated, not the time it will take to complete the task. Sign 5: Failed projects and unsatisfied clients.