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The Complete Glossary of 614 Project Management Terms

Workamajig

Events and milestones are represented as nodes. Contingency Plan: A formal plan that details the evasive actions that can be taken in the event of a contingency. Critical Chain Method: A method for scheduling projects with uncertain deadlines and limited resources.

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Project Management Methodologies Review (Part 1)

Wrike

Critical Chain Project Management (CCPM). CCPM avoids that by building a project schedule that first identifies a “critical chain” of tasks and then reserving resources for those tasks. CON: This approach may not be effective for projects with short deadlines, since CCPM plans build in extra time buffers along the critical chain. Event Chain Methodology (ECM).

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