Remove Budget Remove Critical Chain Remove Executing Remove Sustainability
article thumbnail

Top 10 Project Management Methodologies – An Overview

ProjectManager.com

A project management methodology is a set of principles, tools and techniques that are used to plan, execute and manage projects. The PMBOK provides definitions and guidelines for project planning, scheduling, executing and controlling. Critical Chain Project Management (CCPM). What Is a Project Management Methodology?

article thumbnail

Applicability of Agile/Lean/Kanban Methods for fixed scope/budget projects (with short duration)

Sudipta Lahiri

Problem Statement : Some projects are fixed scope, fixed budget and have relatively small duration – 3-4 months. In this case, would it make more sense to go for: a) Pure Critical chain or Microsoft project plan based date based approach b) Combination approach: Critical chain based planning followed by Kanban execution.

Lean 20
Insiders

Sign Up for our Newsletter

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

article thumbnail

Agile Unplugged: EP 02 | Mike Cottmeyer and Dennis Stevens

Leading Agile

You’re more of a Lean, doing some of the Oh gosh, what was the, critical chain project management? – Critical chain project management? I can, get the gains and not lose when I have the problems, So how do I build a critical chain project plan to deliver? – Yeah. – Yeah. – Yes.

Agile 63
article thumbnail

The Complete Glossary of 614 Project Management Terms

Workamajig

Budget : The sum total of all the money allocated for a project. Budget at Completion (BAC): BAC is the sum total of all budgets established for the work to be performed. Budget Cost: The cost of the project estimated at the start of the project. Note that the budget cost is not the same as the budget.

article thumbnail

Project Management Methodologies Review (Part 1)

Wrike

CON: Due to its flexibility, the Adaptive Framework may lead to project delays or increased budgets. Once the project has begun, teams cycle through the process of planning, executing, and evaluating tasks — which might change the final deliverable. You deliver a CRM with those features on time and within budget.

article thumbnail

The Best 53 Project Management Blogs You Should Be Reading

Paymo App

Episode 057: Critical Chain Project Management. What to expect: Peter Taylor handles PM-related topics with a focus on improving productivity and helping you complete projects on time and on budget, ‘work smarter and not harder’, and maintain your work/life balance. Twenty Top Fails in Executive Agile Leadership.

article thumbnail

Overview of the PMBOK® Guide Seventh Edition – Lesson 3 Transcription

MPUG

The planning, the executing, the monitoring, controlling, and hopefully you’re getting it right and refining and improving until bam, closing. And so it was appropriate to say, okay, they budgeted 500 hours for me to get the list of modules accomplished. Let’s go ahead and piece those and put those in order for you.

PMI 59