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The Big Event and it’s Ripple Effects

LiquidPlanner

In a previous blog post , I discussed the dangerous impact of discarding variation in task estimates and dependencies between other tasks or projects. Figure 2 shows the estimated impact of the Big Event without taking any countermeasures. Introducing the Big Event. It’s only one scenario based on current predictions.

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Why Use What-If Scenario Planning in Project Management

LiquidPlanner

My many years in manufacturing has taught me that the inertia that causes an organization to stay in one location is the lack of a crisis or passion. 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? Let’s take advantage of What-If.

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Case Study: Rex Materials Group Uses LiquidPlanner to Optimize Entire Value Chain

LiquidPlanner

His charter at Rex was simple: Increase productivity by optimizing how the business tackles every step leading up to the manufacturing phase. A New Approach, Process and Work Management Tool. These techniques, along with a capable work management system in LiquidPLanner, enabled Kohls to tame the chaos of work and establish order in 60 days.

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Fighting Uncertainty in Organizations, Including Matrix Ones

Epicflow Blog

” Eli Schragenheim The lesson is: when you ask for a clear one-number estimation, without defining the level of common and expected uncertainty, then you either might face big surprises or face frequent occurrences, where the project/mission finished exactly on time.

2016 52
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Fighting Uncertainty in Organizations, Including Matrix Ones

Epicflow Blog

” Eli Schragenheim The lesson is: when you ask for a clear one-number estimation, without defining the level of common and expected uncertainty, then you either might face big surprises or face frequent occurrences, where the project/mission finished exactly on time.

2016 52
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The Complete Glossary of 614 Project Management Terms

Workamajig

Actual dates are different from planned or estimated dates. Actual Effort: The actual effort spent to complete the activity, as opposed to the planned or estimated effort. Actual Expenditure: The actual expenditure spent to complete the activity, as opposed to the planned or estimated expenditure.