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Critical Chain in Managing Multiple Projects

LiquidPlanner

The best-known modern methods of managing projects efficiently are: The Gantt chart developed by Henry Gantt in the 1910s . Critical Path invented in the 1950s. Critical Chain Method invented in 1997 . We often still over estimate the project timeline. What is Critical Chain Project Management?

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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. Passion can also emerge from success like being on a team that has achieved a tremendous win with throughput or lead time. But a crisis, such as the lack of money or disruption in a supply chain, can kill this passionate effort.

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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. He drew a parallel between students who postpone their learning activities until the deadline and project team members who do the same regarding their project tasks because they think they have enough time for doing everything.

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How to Beat Parkinson’s Law and Deliver Projects in Half the Time

Epicflow Blog

Later the author wrote some books that became quite famous in the world where he described his bureaucracy observations as a British civil servant and further developed his ideas on what’s now called Parkinson’s law. Task Duration Estimates VS Work Estimates. Tips to Beat Parkinson’s Law. Albert Ponsteen.

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Project Management Methodologies Review (Part 1)

Wrike

As they proceed, teams continually evaluate previous results to improve policies and practices at each stage of the project lifecycle. Clients/stakeholders can change project scope at the start of each stage so the team can produce the most business value. Critical Chain Project Management (CCPM).