The Critical Path Method (CPM) schedules activities to start on early dates, which results in an unrealistic completion distribution in CPM risk analysis. CPM risk analysis tools, thus, cannot model what commonly occurs […]
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During the last couple of years my company invested a significant amount of money to implement the Earned Value Management approach. While this implementation was successful, the project controls department started to see […]
“How long do you think that task will take?” It’s a question that is asked frequently during the course of a project, but is often answered with little or no factual basis. Project […]
Where the approach to scheduling a project is deterministic, the critical path is deemed to be certain. Conventional delay principles flowing from this assumption include: 1) a delay off the critical path within […]