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. Given that a fair bit of padding remained in each activity duration estimate, the buffers ended up being bloated and milestone dates were later than would have been previously planned.

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). Examine “total selected”, “expected”,“remaining”, “burned”, and “approved” project estimates measured in “man-hour” values on the top of the menu window. And the red area is critical.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Epicflow Glossary: Names of Features and Terms Used in the System

Epicflow Blog

Read more: Bubble Graph: Critical Chain Fever Chart Re-Imagined. A function of calculating the risk of the discrepancy between the initially estimated time for task accomplishment and the real time spent by the group of people working on the project. Critical Chain .

2021 61

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.

2021 78

Waterfall Should Have Never Existed: Part 1

MPUG

Waterfall ’ is not the same as Critical Path. A true hybrid approach between ‘ adaptive project management ’ (Agile) and ‘ predictive project management ’ (like Critical Path) should exist, can exist, and does exist. In fact, you do not have to choose between Agile and Critical Path.

2021 98

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. Task Duration Estimates VS Work Estimates. Time estimates are probabilistic.

2020 73

Project Management Glossary: 200+ Terms PMs Frequently Use

Epicflow Blog

Activity Duration Estimates Review . is a process of detecting risks related to the time allowances for activities in particular or a project in general, with the width of estimates range indicating a respective level of risk. Analogous Estimating . is an approach to evaluating a gross value applying such criteria as budget, complexity, duration, and size based on a previous similar project estimation experience. . Bottom-Up Estimating . Cost Estimation .

The Best 53 Project Management Blogs You Should Be Reading

Paymo App

Episode 057: Critical Chain Project Management. Agile in Supply Chain w/ Michael Tibbert and Dhaval Panchal. What to expect: This blog is used as a reference in agile communities for the Agile retrospective topic. How To Estimate Projects: The Complete Guide To Project Budget & Cost Estimation. 7 Critical Skills For Project Managers.

2018 87