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Critical Chain in Managing Multiple Projects

LiquidPlanner

Critical Path invented in the 1950s. Critical Chain Method invented in 1997 . We often still over estimate the project timeline. What is the “planning fallacy”? Critical Chain uses common sense considerations that are ignored in most other methods. The planning fallacy happens to the best of us.

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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?

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Level up your project schedules: 5 advanced techniques

Rebel’s Guide to PM

Throw in some start-to-finish dependencies , make a Gantt chart , and that’s a pretty good plan. These days, I can hit the right button in Microsoft Project, critical path analysis happens behind the scenes and the key tasks are highlighted for me. Contingency plans form part of your overall project risk management.

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Why You Should Use Ranged Estimation for Your Projects

LiquidPlanner

I my first 15 years, I used single-point estimation to build project schedules. The next ten years I used ranged estimations with traditional Gantt chart project scheduling software tools – this was better but cumbersome. Ranged estimation has been around since the introduction of PERT and the three-point estimation method.

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Why Use What-If Scenario Planning in Project Management

LiquidPlanner

New thinking prompted action, a plan was approved,, budgets authorized, and training developed. Why didn’t anyone speak up sooner to plan using the what-if scenario planning method? LiquidPlanner allows you to plot out the plan and incorporate the unknowns with variation, the most basic requirement in planning. .

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7 Questions to Ask Your Team for Better Project Engagement

LiquidPlanner

Ultimately, all project stakeholders will contribute to achieving what is promised so start early with a candid and realistic review of what can be delivered when and for how much. What solutions can we present to the customer as competing priorities or critical chain roadblocks emerge? . Priceless! .

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Fighting Uncertainty in Organizations, Including Matrix Ones

Epicflow Blog

These seemingly minor uncertainties can cumulatively impact performance and disrupt detailed planning. I was well aware that part of my code was complex and any addition would be risky. Here, we will dive deeper into understanding its mammoth impact on organizational planning and performance.

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