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In defense of Critical Chain

Kiron Bondale

One of the more subtle changes in the Sixth Edition of the PMBOK Guide is the elimination of all references to Critical Chain Method (CCM). I was unable to convince team members to provide such aggressive estimates given the organization’s prevailing culture. Obsess over milestones and not individual tasks.

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What Is Resource Leveling in Project Management?

Teamweek

With this data at your fingertips, you can create more realistic schedules and make more accurate project time estimates. Resource leveling vs resource smoothing Resource smoothing is a resource management technique that uses free and total float to adjust task schedules without changing the project’s critical path.

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How to Beat Parkinson’s Law and Deliver Projects in Half the Time

Epicflow Blog

Usually, time estimates are exaggerated in order to cover Murphy’s Law (If something can go wrong it will go wrong). Parkinson’s Law may refer not only to time issues but also budget limits. On the other hand, it also can be referred to as psychology: the more money we have the more we spend.

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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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Bubble Graph: Critical Chain Fever Chart Re-Imagined

Epicflow Blog

Let’s examine the way Epicflow’s team has made a classical critical chain (CC) tool called “Fever chart” more powerful with Bubble Graph. . A “fever chart” term is closely related to the Critical Chain Project Management (CCPM) from the Theory of Constraints (TOC). References: Goldratt, E.M. What’s Fever Chart?

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Waterfall Should Have Never Existed: Part 1

MPUG

Critical Path, Resource Critical Path, Critical Chain, Earned Value, Earned Work) make an organization at least as ‘ agile ’ (in the sense of ‘ more adaptive ’) as the ‘ adaptive project management ’ technique of uppercase ‘ Agile ’ would. In my mind, implementing ‘predictive project management’ techniques (i.e.

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The Complete Glossary of 614 Project Management Terms

Workamajig

Bookmark this project management glossary and refer to it whenever you come across any project management jargon. 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. All Project Management Terms.