Event Chain Methodology in Project Management - Revision history

Iason Divanis: Blanked the page

2017-09-18T16:13:39Z

Blanked the page

← Older revision		Revision as of 16:13, 18 September 2017
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	~~==Introduction==~~

	The purpose of the following article is to present the concept of the Event Chain Methodology(ECM) in the project management by describing and analyzing the 6 basic principles, the methodology, the uses, and benefits of this method. The ECM is an uncertainty modeling and practical schedule network analysis technique that is focused on identifying and managing events and event chains that affect project schedules.<ref>[''Trumper M., & Virine L. (2011). Event Chain Methodology in Project Management. European Journal for the Informatics Professional''] '''' </ref>,<ref>[''https://www.pmi.org/learning/library/risk-analysis-decisions-uncertain-times-6686''] '''' </ref>,<ref>[''https://en.wikipedia.org/wiki/Event_chain_methodology#cite_note-1''] '''' </ref>.Generally, ECM is a tool which helps the project management in different ways by:
	~~<br>~~
	~~•Mitigating effect motivational and cognitive biases in estimating and scheduling.~~
	~~<br>~~
	~~•Simplifing the process of defining risks and uncertainties in project schedules.~~
	~~<br>~~
	~~•Performing more accurate quantitative analysis while taking into an account such factors as the relationship between different events and actual moment of the events.~~


	~~==Methodology==~~
	~~==Basic Principles of ECM==~~
	~~===Principle 1: Moment of Event and Excitation States===~~
	~~===Principle 2: Event Chains===~~
	~~===Principle 3: Event Chain Diagrams and State Tables===~~
	~~===Principle 4: Monte Carlo Schedule Risk Analysis===~~
	~~===Principle 5: Critical Event Chains and Event Cost===~~
	~~===Principle 6: Project Performance Measurement with Event and Event Chains===~~

	~~==Benefits/Limitations==~~
	~~==References==~~
	~~<references />~~

Iason Divanis at 12:47, 16 September 2017

2017-09-16T12:47:11Z

← Older revision		Revision as of 12:47, 16 September 2017
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	==Introduction==		==Introduction==

	The purpose of the following article is to present the concept of the Event Chain Methodology(ECM) in the project management by describing and analyzing the basic principles, the methodology, the uses, and benefits of this method. The ECM is an uncertainty modeling and practical schedule network analysis technique that is focused on identifying and managing events and event chains that affect project schedules.<ref>[''Trumper M., & Virine L. (2011). Event Chain Methodology in Project Management. European Journal for the Informatics Professional''] '''' </ref>,<ref>[''https://www.pmi.org/learning/library/risk-analysis-decisions-uncertain-times-6686''] '''' </ref>,<ref>[''https://en.wikipedia.org/wiki/Event_chain_methodology#cite_note-1''] '''' </ref>.Generally, ECM is a tool which helps the project management in different ways by:		The purpose of the following article is to present the concept of the Event Chain Methodology(ECM) in the project management by describing and analyzing the 6 basic principles, the methodology, the uses, and benefits of this method. The ECM is an uncertainty modeling and practical schedule network analysis technique that is focused on identifying and managing events and event chains that affect project schedules.<ref>[''Trumper M., & Virine L. (2011). Event Chain Methodology in Project Management. European Journal for the Informatics Professional''] '''' </ref>,<ref>[''https://www.pmi.org/learning/library/risk-analysis-decisions-uncertain-times-6686''] '''' </ref>,<ref>[''https://en.wikipedia.org/wiki/Event_chain_methodology#cite_note-1''] '''' </ref>.Generally, ECM is a tool which helps the project management in different ways by:
	<br>		<br>
	•Mitigating effect motivational and cognitive biases in estimating and scheduling.		•Mitigating effect motivational and cognitive biases in estimating and scheduling.

Iason Divanis at 12:37, 16 September 2017

2017-09-16T12:37:11Z

← Older revision		Revision as of 12:37, 16 September 2017
Line 1:		Line 1:
	==Introduction==		==Introduction==

	In the following article, the concept of the Event Chain Methodology(ECM) ~~will be described~~ in ~~relation to~~ the project management~~. It will be presented~~ the basic principles, the methodology and ~~the~~ benefits of this method. The ECM is an uncertainty modeling and practical schedule network analysis technique that is focused on identifying and managing events and event chains that affect project schedules. Generally, ECM helps to:		The purpose of the following article is to present the concept of the Event Chain Methodology(ECM) in the project management by describing and analyzing the basic principles, the methodology, the uses, and benefits of this method. The ECM is an uncertainty modeling and practical schedule network analysis technique that is focused on identifying and managing events and event chains that affect project schedules.<ref>[''Trumper M., & Virine L. (2011). Event Chain Methodology in Project Management. European Journal for the Informatics Professional''] '''' </ref>,<ref>[''https://www.pmi.org/learning/library/risk-analysis-decisions-uncertain-times-6686''] '''' </ref>,<ref>[''https://en.wikipedia.org/wiki/Event_chain_methodology#cite_note-1''] '''' </ref>.Generally, ECM is a tool which helps the project management in different ways by:
	<br>		<br>
	~~•Mitigate~~ effect motivational and cognitive biases in estimating and scheduling.		•Mitigating effect motivational and cognitive biases in estimating and scheduling.
	<br>		<br>
	~~•Simplify~~ the process of defining risks and uncertainties in project schedules.		•Simplifing the process of defining risks and uncertainties in project schedules.
	<br>		<br>
	~~•Perform~~ more accurate quantitative analysis while taking into an account such factors as the relationship between different events and actual moment of the events.		•Performing more accurate quantitative analysis while taking into an account such factors as the relationship between different events and actual moment of the events.


	==Methodology==		==Methodology==
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	==Benefits/Limitations==		==Benefits/Limitations==
	==References==		==References==
			<references />

Iason Divanis at 10:38, 16 September 2017

2017-09-16T10:38:47Z

← Older revision		Revision as of 10:38, 16 September 2017
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	~~Abstract~~		==Introduction==

			In the following article, the concept of the Event Chain Methodology(ECM) will be described in relation to the project management. It will be presented the basic principles, the methodology and the benefits of this method. The ECM is an uncertainty modeling and practical schedule network analysis technique that is focused on identifying and managing events and event chains that affect project schedules. Generally, ECM helps to:
			<br>
			•Mitigate effect motivational and cognitive biases in estimating and scheduling.
			<br>
			•Simplify the process of defining risks and uncertainties in project schedules.
			<br>
			•Perform more accurate quantitative analysis while taking into an account such factors as the relationship between different events and actual moment of the events.

			==Methodology==
			==Basic Principles of ECM==
			===Principle 1: Moment of Event and Excitation States===
			===Principle 2: Event Chains===
			===Principle 3: Event Chain Diagrams and State Tables===
			===Principle 4: Monte Carlo Schedule Risk Analysis===
			===Principle 5: Critical Event Chains and Event Cost===
			===Principle 6: Project Performance Measurement with Event and Event Chains===

			==Benefits/Limitations==
			==References==

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2017-09-12T06:27:29Z

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