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Critical Chain in Managing Multiple Projects

LiquidPlanner

Project management methods have evolved for centuries, from records at the Pyramid at Giza to rebuilding London churches after the Great Fire of London in 1666, to the Great Western Railway. The best-known modern methods of managing projects efficiently are: The Gantt chart developed by Henry Gantt in the 1910s . Why does this happen?

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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). Calling these buffers does not resonate well with senior management as the perception is that these will be consumed carelessly. Unfortunately, this failed miserably.

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Level up your project schedules: 5 advanced techniques

Rebel’s Guide to PM

However, project managers should know about their project’s critical path, especially if there are lots of dependent tasks and the dates are a challenge. Critical path method (CPM) has its roots in the US Navy back in the 1950s. Contingency plans form part of your overall project risk management.

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Project Management Framework Types, Key Elements & Best Practices

ProjectManager.com

A project is executed by a team within an organization that has some sort of a project management framework established to enable the process. Read on to learn how to make a trustworthy project management framework that can help guide your projects to successful conclusions. What is a Project Management Framework?

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Critical Chain Project Management

ActiveCollab

Critical Chain Project Management is a schedule network analysis technique that takes into account task dependencies, limited resources availability (people, equipment, physical space), and buffers necessary to successfully complete the project. The origin of Critical Chain. Why we need CCPM?

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Creating a Risk Register: All You Need to Know

Epicflow Blog

Project management goes hand in hand with uncertainty and risks. The present-day disruptions caused by the pandemic bits and pieces, military conflicts, and geopolitical tensions can only increase the number of risks that projects will be exposed to. . Risk Register: Definition and Purpose . Risk description .

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Why Use What-If Scenario Planning in Project Management

LiquidPlanner

The method was flawed, the financial group was only worried about cutting costs, management did not make a full commitment, there was not enough training. If leadership had the right tools, they could see how that small piece of ice on the surface would lead to a chaotic situation down the line if they don’t course correct. .