Arrow Diagramming Method (ADM) or Activity on Arrow Method (ADM) is a common scheduling technique used in project management like the precedence diagramming method (PDM). Humans are creating work schedules to track their project’s performance since the construction of the … Read more
2 weeks ago, one of our readers asked how to calculate float time in critical path analysis. Therefore, we decided to write this article. Total Float vs Free Float is one of the most important concepts in PMP Certification training. … Read more
In today’s economic environment, it is essential to use financial tools and techniques to support organizational decision-making before starting a new business or making significant changes in existing workstreams. Organizations across various industries—from construction to chemicals—use different decision-making tools to … Read more
The Project Management task becomes more challenging considering today’s large and sophisticated projects. Effective time and cost management become more important than before for the success of any kind of project. Therefore project managers and team members use techniques, methods, … Read more
Cost classification is an important process in budgeting, accounting, and project management. Cost classification and categorization of expenses help project teams to understand what kind of costs will be spent during the life cycle of their project. For example, in … Read more
People face risks in their everyday life. In a similar manner, project teams, companies, organizations, and even projects face risks in their life cycle. Based on the risk type and circumstances, they practice methods to overcome the risks. Project risk … Read more
Productivity is very important in today’s competitive business environment. Organizations seek ways of improving their processes, reducing costs and increasing their benefits. Kaizen is a management system that aims continuous improvement within all processes of an organization. It has similarities … Read more
Fishbone diagram , also known as cause and effect diagram or Ishikawa diagram is a quality management tool that is commonly used to identify the root cause of a problem. Basically, it analyzes various possible causes of a problem with … Read more
Project procurement management is the process of purchasing or acquire the products, services, or results needed to complete the project on time and on budget. It has four steps which are planning, conducting, controlling and closing. Each step has inputs … Read more
The critical path method (CPM) is a fundamental concept in project planning and management. It is a useful technique used for scheduling project activities like PERT method. The critical path of a schedule demonstrates the activities that can not be … Read more
ProjectCubicle.com is your go-to destination for project management insights and resources. We are here to support your journey towards project success.
