A visual guide to Critical Chain Project Management (CCPM) Part 2: CCPM Solutions

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Lack of focus and the inability to manage uncertainty are two significant causes of project delays, diminishing quality, excessive project delays, and low team spirit. By addressing these root causes, critical chain project management (CCPM) techniques improve project speed, quality, on-time performance and team morale.

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A visual guide to Critical Chain Project Management (CCPM) Part 2: CCPM Solutions

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This is a sample Contingency Drawdown Curve. It shows the original contingency baseline (blue) and the use or consumption of the contingency (purple). The red curve shows the remaining contingency by subtracting the usage from the original total contingency. the green curve shows the revised projected use of the remaining contingency. This format provides a synoptic overview of the project's contingency, updated whenever some of the contingency is used. It's a great forecasting tool to determine if the remaining contingency is still adequate. The shape of the original baseline contingency should be determined by a risk analysis (or expert judgement).

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Extract of some of the slides used in the Critical Chain Project Management 1-Day training course hosted regularly in Paris, France by Marris Consulting. More details about the training course including upcoming dates: More details: http://www.marris-consulting.com/en/Formation-Chaine-Critique-Description-101.html Pitch: "Your projects are often late or suffer significant budget overruns? You must often abandon some original specifications? Critical Chain Project Management, thanks to its innovative principals, has shown over the past 15 years spectacular results (at Boeing, ABB, US Army, Procter & Gamble, Rio Tinto ...). It has for instance enabled companies that deployed it to significantly accelerate their new product development. Over 400 people have been trained by Marris Consulting in the past 4 years including: ArcelorMittal, Areva, Arkema, Autoliv, Bayer, Bosch, Essilor, Fresenius Vial, GSK, Infineon, Ipsen, Jaeger LeCoultre, Lilly, Merial, Novartis, Pierre Fabre, Procter & Gamble, Pyrex, Nexter, Safran, Saint-Gobain, Salzgitter-Mannesmann, Schlumberger, Seb, SKF, Thales, Visteon, Yves Rocher & Zodiac Aerospace." CCPM 1 day training extract pdf v1.0 20151018v

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