article thumbnail

Critical Chain in Project Management: A Quick Guide

ProjectManager.com

Project managers love a good plan. Every phase of a project is important, but perhaps the most critical to a successful end is the planning and managing of resources. Think of it as a critical chain. This is Critical Chain Project Management (CCPM). What Is the Critical Chain Method?

article thumbnail

How to Improve Demand Planning

LiquidPlanner

This is called “Forecast Planning,” where the forecaster hopes their guess is correct, and then all the planning in the organization stems from this educated guess. A lot of people use this forecast to make critical business decisions. So, most people in an organization are highly critical of forecasters.

Planning 165
Insiders

Sign Up for our Newsletter

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

article thumbnail

What is Visual Project Management?

Rebel’s Guide to PM

Why do you think projects are still late and over budget when professional project management techniques have been around for years? The main emphasis of the project management body of knowledge is “control”, which typically means more or better planning. There are assumes that with a plan, the outcome will match. Decisively?

article thumbnail

Implementation Plan: The Key to Successful Project Execution

Epicflow Blog

Strategic planning and its implementation determine the success of any endeavor: whether it’s starting a business or building a house of your dream – you’ll have more chances for success if you have a well-thought strategy and know how to execute it. . A Project Implementation Plan: A General Overview . Project Plan.

article thumbnail

Project Management Framework Types, Key Elements & Best Practices

ProjectManager.com

There are many common types of frameworks that can be used for different projects, depending on how small or large your team is, the type of work they’re doing, the industry they’re in, how much time the project has and how much budget the project has. They are initiation, planning, execution, management, review.

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 waterfall method makes use of Gantt charts for planning and scheduling; an example is below. The PMBOK provides definitions and guidelines for project planning, scheduling, executing and controlling.

article thumbnail

Project Management Techniques That Deliver Results

Binfire

Project management techniques are the systematic approach to leading a team with the goal of producing desirable results on a specific date and budget. When done right, you’ll be able to say that you delivered the job on time, and within budget. This involves laying down the project plan. 6- Critical chain technique.