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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.

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The Complete Glossary of 614 Project Management Terms

Workamajig

Accept: A response to a project risk where the project manager accepts the risk and takes no action to evade it, i.e. 'accepting' the risk. This is usually in case of risks that are unlikely to occur or minor enough so as to not affect the project's outcome. A project sponsor can request an audit.