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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. Critical chain project management, as developed by Israeli business management guru Eliyahu M.

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Bubble Graph: Critical Chain Fever Chart Re-Imagined

Epicflow Blog

Let’s examine the way Epicflow’s team has made a classical critical chain (CC) tool called “Fever chart” more powerful with Bubble Graph. . A “fever chart” term is closely related to the Critical Chain Project Management (CCPM) from the Theory of Constraints (TOC). What’s Fever Chart? What’s Bubble Graph?

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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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PM’s Guide to Resource Leveling Techniques + 5 Best Tips For Optimal Results

nTask

Ensuring quality of the project output: Project delays and budget issues are the main conflicts that surface during a project. The critical path method is the first resource leveling technique that we will discuss here. Critical Path Method (CPM) focuses on the project’s minimum duration. Critical Chain Method (CCM).

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Fighting Uncertainty in Organizations, Including Matrix Ones

Epicflow Blog

they have been working on it already for more than 10 years, and they are not close to what we have achieved.’ For example, a project estimated at 100 work hours might include a 20-hour time buffer for contingencies like absences or technical issues. But the professionals who executed the project considered it a huge success.

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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. . 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.