Critical Path Method The Critical Path Method (CPM) is a way to plan and run complex projects. It is a mathematical formula that helps project managers find the project’s critical path, which is the order of tasks that determines how long the whole project will take. The critical path is found by figuring out the longest chain…
Cumulative Flow Diagram A cumulative flow diagram (CFD) is a powerful tool for managing projects that shows how work moves through a project over time in a visual way. It is often used in agile and lean software development to track how work is going and find where the process is slowing down. The CFD shows the…
Cycle Time Cycle time is the amount of time it takes to finish one cycle of a process. This can be a business process or a manufacturing process. It is the amount of time between the start of one process cycle and the start of the next cycle. You can figure out the cycle time by dividing…
Cycle Time Chart A cycle time chart is a graph that shows how long it takes to finish a process, task, or activity from the beginning to the end. It is also called a lead time chart, cycle chart, or process cycle time chart. Usually, the chart has a horizontal axis that shows time and a vertical…
Daily Standup A daily standup, also called a daily scrum or daily stand-up meeting, is a short meeting that happens every day. It is often used in agile project management methods. The goal of the daily standup is to give team members a chance to quickly check in with each other, talk about how things have been…
Dashboard A project dashboard is a visual representation of project metrics and key performance indicators (KPIs) that gives a quick and easy-to-understand overview of the status of the project. The goal of a project dashboard is to show stakeholders how the project is going in real time, find any potential problems or risks, and keep track of…
Decision Tree Analysis Decision tree analysis is a way to help figure out all the possible results of a choice and weigh the risks and benefits of each one. It involves making a picture of a decision tree, which has branches that show the different choices and possible outcomes for each one. Most of the time, the…
Decomposition In the context of solving problems, decomposition is the process of breaking a big problem down into smaller, easier-to-solve parts. This method is often used in computer programming, engineering, and other fields where solving problems is an important part of the job. The idea of decomposition is to make the problem easier to solve by breaking…
