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29 B (4 words) - 06:13, 15 September 2017
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...s could be obtained, by the use of the statistical tool called Monte Carlo method.
• Monte Carlo Method for realistic time estimates
2 KB (342 words) - 15:09, 19 September 2017
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...g of construction works - bar charts and progress diagrams - Critical Path Method proves to be more useful and precise as it allows the quick evaluation and
... time and cost. This method has since been developed into '''Critical Path Method, (CPM)'''.
15 KB (2,346 words) - 19:01, 17 November 2018
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The Dynamic Systems Development Method (DSDM) is a framework for Agile project management and delivery, helping to
<ref name="g">Voigt, B.(2004). Dynamic System Development Method "https://files.ifi.uzh.ch/rerg/arvo/courses/seminar_ws03/14_Voigt_DSMD_Ausa
25 KB (4,007 words) - 18:43, 17 November 2018
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...uenced, and their resources and durations to be accurately estimated. This method enables project managers to appropriately adjust a schedule management plan
9 KB (1,253 words) - 15:11, 19 February 2018
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In the following article brainstorming as a risk identification method will be discussed. The article will provide information on how to use brain
2 KB (254 words) - 19:25, 12 February 2018
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...nities and networks. Polyteknisk Forlag, 2011. </ref>. The Future Workshop method is applicable to almost any kind of problem and encourages the participants
...of the method took place in the sixties. The father of the Future Workshop method, Robert Jungk, a journalist, activist and researcher, developed Future Work
12 KB (1,931 words) - 17:48, 16 November 2018
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...pproach to a specific project management technique called '''Critical Path Method (CPM)'''.
According to Project Management Body of Knowledge (PMBOK), CPM ''is a method used to estimate the minimum project duration and determine the amount of s
26 KB (4,160 words) - 13:41, 2 March 2019
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...ule with the aforementioned inputs, the team must select the '''scheduling method''' that best suits the needs of their project. <ref name=PSfS></ref>
* '''Critical path method.'''
16 KB (2,620 words) - 13:13, 4 March 2019
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While the IPD can be a valuable method to ensure efficiency and transparency across business functions within a pr
...20Private%20Owners_1.pdf' </ref>. On the other hand, the IPD as a delivery method aligns the involved stakeholders by a single contractual agreement and henc
35 KB (5,117 words) - 11:01, 18 February 2023
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... there will be a general introduction to the most important techniques and method on the decision-making environment. Furthermore, a deeper research and inve
1 KB (229 words) - 16:41, 13 February 2022
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*Another kaizen disadvantage is the method of training. The kaizen methodology requires training staff and management
14 KB (2,102 words) - 13:56, 27 March 2022
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...n be referred to as either a method within process improvement or a visual method in Just-in-Time and Lean manufacturing, following article will be focusing
...22). How to implement kanban. [https://getnave.com/blog/what-is-the-kanban-method/]. Accessed February 16th.</ref>]]
25 KB (3,990 words) - 13:10, 21 March 2022
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0 B (0 words) - 10:26, 9 February 2023
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13 B (2 words) - 12:02, 7 April 2023
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...ts complexity and uncertainty. One of the most common is the critical path method or CPM. This scheduling tool calculates the theoretical early and late star
==The Critical Path Method==
9 KB (1,420 words) - 14:43, 19 February 2023
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49 B (5 words) - 15:07, 11 February 2023
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...executing projects through a Stage-Gate process. The Stage-Gate process is method that guides a project from discovery to launch in an organized and efficien
...cle is to demonstrate how the Stage Gate process can be used as a powerful method for efficient project management. Furthermore, the stages and gates will be
23 KB (3,621 words) - 12:22, 23 April 2023
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13 B (2 words) - 12:01, 7 April 2023
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...in decision making, one of these approaches is AHP which uses a mathematic method to derive a relative importance of criteria in a decision problem.
...relative importance of criteria in a decision problem. The idea behind the method is that a decision problem can be represented as a hierarchical structure,
19 KB (2,783 words) - 22:48, 4 May 2023
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...ts complexity and uncertainty. One of the most common is the critical path method or CPM. This scheduling tool calculates the theoretical early and late star
==History of The Critical Path Method (CPM) ==
20 KB (3,164 words) - 14:51, 9 May 2023
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...ical.png|550px|thumb|right|Figure 1. Creativity method compared analytical method in a complex environment]]
...lt to take without some sort of random inspiration. This has developed the method of picture cards. You pick a random card picturing a person, place or a thi
25 KB (3,557 words) - 12:31, 20 December 2018
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...ing the past 50 years of software development. And it is not a development method or a formal process <ref name=one/><ref name=two/>, he gets support from Sc
28 KB (4,770 words) - 12:40, 20 December 2018
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Another method<ref>[Department of Defense "Risk management guide for DOD acquisition]</ref
...d delays and compare these different subjects. Therefore is a standardized method of determining level of impact useful.
20 KB (3,201 words) - 11:27, 20 December 2018
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...es decisions about the project team composition. Depending on the delivery method the design, construction, oversight teams can either be closely integrated
This category is a step forward from a simple revenue based financing. One method is to allow a private entity to take over an existing road for a specific p
25 KB (3,660 words) - 12:49, 20 December 2018
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... names only Value Stream Mapping, this article also includes its preceding method named Value Stream Analysis (VSA) as they are undoubtedly connected by thei
...pany's development efforts for the sake of improving such efforts” . The method aims and depends on local process knowledge, but combines it invariably wit
15 KB (2,404 words) - 11:12, 20 December 2018
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...luated the cooperation level and the stability of the cooperation for each method. He found that reference and identification produced low levels of cooperat
26 KB (3,958 words) - 11:13, 20 December 2018
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...as Traditional Project Management, Agile Project Management, Critical Path method and Event Chain Methodology. Some of them have been applied throughout the
As a consequence of these modern requirements, a refreshing method that allows dealing with constant change and turbulent working environments
18 KB (2,825 words) - 11:15, 20 December 2018
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It is often mentioned that a certain project management method is a standard, which is developed by a specific organisation such as ISO,
15 KB (2,160 words) - 11:20, 20 December 2018
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Critical Chain Project Management (CCPM) is a method of managing projects, where the attention is focused on the resources neede
...ution is the goal. This comes down to firstly, that there is no analytical method that computes the absolute optimal (shortest) critical chain. Secondly, the
16 KB (2,526 words) - 12:04, 20 December 2018
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...y the different personality types. One of the most accepted and applicable method is based on the theory of Carl Jung and Meyers-Briggs, which will be elabor
...an asset and to help better work together.<ref name="MBF"></ref> MBTI is a method to verify and understand human behaviour and therefor also applicable in pr
29 KB (4,370 words) - 11:25, 20 December 2018
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** CPM - Critical Path Method (http://en.wikipedia.org/wiki/Critical_path_method).
33 KB (5,037 words) - 12:30, 20 December 2018
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...s in one phase in relation to achieving the overall project goal. A useful method for this is to identify project phases.
24 KB (3,629 words) - 17:18, 16 November 2018
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...imately the predictability. It is therefore important to have a structured method and process for establishing the plan in order to get the best outcome and
...gement and scheduling is an essential mechanism in projects. A common used method in scheduling for project management is to apply network plan/activity anal
15 KB (2,447 words) - 17:02, 16 November 2018
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...cess, and Operation Research Technique, but we will stay with the economic method which easy and ready to understand by portfolio managers which make it easi
...good way, techniques such as Cost Indexes, Cost Capacity Equations, Factor Method, and Activity Based Costing (ABC), where first three techniques can only co
23 KB (3,634 words) - 14:07, 11 February 2019
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... Harvard Business School Case 609-066</ref> BMW, SAP and Google apply this method within their processes.
[[File:PictureXY.png|thumb|right|400px|Figure 1: Goal and Method Matrix by J.R. Turner and R.A. Cochrane 1993<ref name=goal>Payne, J.H.; J.R
22 KB (3,476 words) - 16:56, 16 November 2018
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...Belbin team roles assessment is done by a certified Belbin consultant. The method is used by over 40 percent of the top 100 companies in the UK, the united N
'''Why use this method'''
22 KB (3,641 words) - 15:29, 16 November 2018
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...ures the involved parties take action on the conflict to work it out. This method has the biggest potential for creating a positive, lasting result. Due to t
...oversion, urgency, and detail orientation as these are commonly found. One method that uses these attributes is the DISC model, albeit with different names,
26 KB (4,072 words) - 15:30, 16 November 2018
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* [[Critical Path Method in Construction Industry]]
* [[Metra Potential Method]]
4 KB (470 words) - 08:03, 25 August 2016
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...sed agile methodologies focusing on organizing and project management. The method’s foundation inheres the commercial product development work in 1986 elab
== Method description ==
18 KB (2,697 words) - 15:42, 18 December 2018
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...ties. Nevertheless, the V-Model is still widely used and is an interesting method to approach project management in a very structured way. In what follows, m
...e final system, is quite easy. The cost control is also simplified by this method of project management since the cost deviation are spotted rapidly on the r
25 KB (4,074 words) - 14:59, 18 December 2018
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...ts. One of the widely used project management methodologies is the PRINCE2 method, this methodology is based on seven principles, eight Processes and seven t
...'nformation '''S'''ystems) projects. In 1989 Superseded PRINCE the exiting method PROMPTII within government projects.
23 KB (3,577 words) - 15:37, 18 December 2018
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...nomics and finance (pp. 167-183). Springer US</ref>, it is a quite popular method <ref>Mansini, R., Ogryczak, W., & Speranza, M. G. (2003). LP solvable model
...once they are started there should be an end too. A portfolio optimization method must consider this nature of projects in order to function properly. Also,
29 KB (4,388 words) - 15:22, 18 December 2018
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...failures. In this article we are going to illustrate the so-called PRINCE2 method, focused on processes and continue viability control. PRINCE2's relevance i
...e book is a perfectly readable, end-to-end overview of the complex PRINCE2 method that starts from a more accessible level going, then, deeply inside the sub
30 KB (4,935 words) - 15:40, 18 December 2018
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...e of the main topics developed in the present article. Moreover, with this method you can not only evaluate the performance of the project at any time, but a
...e observation of how the project is developing. The main objective of this method is to determine which are the actions that the project manager, together wi
36 KB (5,576 words) - 15:22, 18 December 2018
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...n the same flow to create a constant progression without wasting time. The method is visualized by a graphical tool based on a technique developed by <span c
...ce planning of projects. Thus, some critique has been raised about the CPM-method in relation to construction projects, as it does not sufficiently support c
27 KB (4,029 words) - 08:18, 2 September 2022
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...ar chart and it relies upon [[Work Breakdown Structure (WBS)]], which is a method within project management as well. An example of a simple Gantt chart is sh
...in a project. Source: https://beyondcenter.wordpress.com/tag/critical-path-method/]]
16 KB (2,841 words) - 15:04, 18 December 2018
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...ethod] from the 1970's facilitated increased communication over the Delphi Method.
...nt''], Wikipedia </ref>. In 2001 we see thoughts from the Wide-band Delphi Method cemented in the prominent "Agile Manifesto",<ref> Sutherland, Jeff. ''et al
26 KB (4,022 words) - 15:39, 18 December 2018
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...ork based project management tools. It will also explore the usage of this method in todays projects, its advantages and limitations.
PERT has several concepts that need to be defined, to understand the whole method. Those are :
15 KB (2,461 words) - 15:29, 18 December 2018
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...r further analysis of the fault tree, possibly reducing its size through a method known as "The Minimal cut set", which will be explained later in this artic
*'''Provides a method to do logic analysis on the top event'''
16 KB (2,639 words) - 15:35, 18 December 2018
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...haracterizes the traditional model and its strict requirements the extreme method is more suitable to face the common unexpected changes that come up during
Rapid planning is a project managing method used for developing project plans which is based on the Rapid Application D
17 KB (2,765 words) - 21:45, 21 September 2015
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...the readers’ criteria to evaluate the suitability of each tool, model or method in their own context.
*Creates a '''method for evaluating''' options
21 KB (3,127 words) - 15:01, 18 December 2018
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...mpleted. An activity that is on the critical path (see [[The Critical Path Method (CPM)]]) has no float. In addition to float there a sub-term called free fl
... earliest possible completion date of the project (See [[The Critical Path Method (CPM)]] for more information on this topic).
19 KB (3,218 words) - 15:12, 18 December 2018
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...at tasks to be accomplished, and what sequence, must be defined before the method becomes useful. The main principle with the CCPM is to strip off the risk o
He introduces the Drum-Buffer-Rope (DBR) method, that is about producing only what is needed, and to avoid overproduction.
27 KB (4,322 words) - 15:26, 18 December 2018
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Earned Value Management (EVM) is a method for measuring a project’s performance. Earned Value Management is a compl
The method is useful during execution of a project because it tells us where we are go
18 KB (2,857 words) - 15:51, 18 December 2018
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...tructure (WBS) <ref name="Programme Management"> </ref>. According to this method, every complex system of the programme was analyzed into specific projects.
30 KB (4,537 words) - 15:16, 18 December 2018
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Modularisation is a method for organizing complex products and processes efficiently.
85 B (11 words) - 18:09, 10 September 2015
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...cle focuses on its use in civil engineering industry and construction. The method is suitable for all kind of construction projects that require many indepen
...sult in delay of the whole project. This article depicts ways of using the method to analyze projects as sets of several groups of activities to reduce the b
28 KB (4,436 words) - 15:34, 18 December 2018
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...e Matrix is a suitable tool to ensure taking them into consideration. This method aims to not only show the different stakeholders and their levels of power
...ers and their power to add authority to their intentions. By applying this method of stakeholder mapping, project managers are able to have a closer look on
22 KB (3,433 words) - 14:02, 18 December 2018
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Besides virtual reality the construction sector uses 3D printing as a method to reduce change orders and optimize decision making in the construction pr
...re you begin the construction phase. At the moment the technology for this method is relativily new and not a normal tool to use in the building sector. Howe
19 KB (3,120 words) - 13:19, 18 December 2018
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The method consists in dividing the construction process into three levels: phase, loo
... the limitations of the Last Planner System, the Location-Based Scheduling method was created. This enables a more detailed schedule to be established in the
14 KB (2,243 words) - 15:02, 18 December 2018
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...tes <ref name="Erixon">Gunnar Erixon: “Modular Function Deployment – A Method for Product Modularisation”, Ph.D. Thesis [1], The Royal Institute of Tec
...using the Module Indication Matrix (MIM). MIM is a fundamental part of MFD method and is mainly used for testing the interrelationships between module driver
38 KB (5,492 words) - 15:21, 18 December 2018
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The type of the article is "Explanation and illustration of a method" and it should follow the following structure:
...inlinks">[https://en.wikipedia.org/wiki/Critical_path_method Critical Path Method (CPM)]</span> . The results of calculations appear in the following table.
21 KB (3,419 words) - 15:14, 18 December 2018
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...such as PERT (Program Evaluation and Review Technique), CPM (Critical Path Method) and GANTT are the most used to plan into details a project, prevent uncert
The first method AOA (activity on arrow) represents the activities through arrows and the st
39 KB (6,222 words) - 15:41, 18 December 2018
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...oject Stakeholder Management".</ref> Stakeholder analysis is the important method or process used to identify these actors or key individuals/groups that wil
... Another form for stakeholder analysis that can be used is the Triple Task Method. This approach is more recent, and uses a unique form of action research <r
17 KB (2,581 words) - 15:43, 18 December 2018
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...nt tasks as lean as possible without creating waste. This method is a pull method and can be compared to Toyotas Kanban system where products are “pulled
The traditional working method is just task dependency. Here Task B is dependent on Task A. When Task A is
23 KB (3,693 words) - 15:45, 18 December 2018
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... Sigma concept has a shorter history. It was stablished in 80’s as a new method for quality manufacturing in Motorola. Nowadays, its implementation in mana
*Not following properly the DMAIC method: Another common mistake in the business world is to go directly for the imp
23 KB (3,568 words) - 15:21, 18 December 2018
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... management's concepts and techniques, in particular how the critical path method is used in quantitative schedule risk assessment.
936 B (140 words) - 17:25, 13 September 2015
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...onnections represent anteriority constraints. Thanks to the use of the MPM method, a critical path is identified easily by simply reading the chart, and the
...ra Potential Method (MPM, for Méthode des Potentiels Metra in French), a method based on the Graph Theory. <ref name="MPM1" />
17 KB (2,871 words) - 15:13, 18 December 2018
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...vides a compact and clear representation of a complex system and a capture method for the interactions/interdependencies/ interfaces between system elements
14 KB (2,199 words) - 15:48, 18 December 2018
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...E2 (an acronym for PRojects IN Controlled Environments) is a process-based method for effective project management. It is one of the most accepted and used m
=The method=
8 KB (1,269 words) - 13:46, 20 September 2015
