Remove Critical Chain Remove Finance Remove Monitoring Remove Performance Measurement
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Fighting Uncertainty in Organizations, Including Matrix Ones

Epicflow Blog

Beyond just time, buffers can cover finances, manpower, and more. Setting Priorities in the Execution Phase, Based on the Actual Consumption of the Buffers In this chapter, we’ll delve into the critical role of prioritization and buffer management during a project’s execution phase.

2016 52
article thumbnail

Fighting Uncertainty in Organizations, Including Matrix Ones

Epicflow Blog

Beyond just time, buffers can cover finances, manpower, and more. Setting Priorities in the Execution Phase, Based on the Actual Consumption of the Buffers In this chapter, we’ll delve into the critical role of prioritization and buffer management during a project’s execution phase.

2016 52
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The Complete Glossary of 614 Project Management Terms

Workamajig

Critical Chain Method: A method for scheduling projects with uncertain deadlines and limited resources. In the Critical Chain Method, project managers rely on placing buffers on project schedule paths to make room for unexpected contingencies. This makes negative variance an important measure of project performance.