article thumbnail

The Complete Glossary of 614 Project Management Terms

Workamajig

Critical Chain Method: A method for scheduling projects with uncertain deadlines and limited resources. In the Critical Chain Method, project managers rely on placing buffers on project schedule paths to make room for unexpected contingencies. A network diagram is a critical tool for project scheduling.

article thumbnail

Project Management Methodologies Review (Part 1)

Wrike

We include brief descriptions, pros, and cons for each, and if one captures your attention, we definitely encourage further research. Critical Chain Project Management (CCPM). CON: This approach may not be effective for projects with short deadlines, since CCPM plans build in extra time buffers along the critical chain.