Agile Project Management vs. Critical Path Method

The Critical Path Method (CPM) of project management is very commonly used in the management of construction projects.

D. Brown Management Profile Picture
Share

CPM works very well when the components of the design and the project are mostly known to all responsible parties. CPM focuses on either a single value-delivery event such as the completion of a building or in major phases such as turning over a floor at a time.  

Management Tools: Agile Project Management vs Critical Path Method (CPM).

CPM does not work as well in situations where there are significant “Known-Unknowns” about the plan CPM really breaks down when there are “Unknown-Unknowns”:

  • The final destination isn’t crystal clear; even to the leader
  • The path to get there has unknowns
  • The tools and tactics required to get there aren’t known to the team

In these situations more agile management methods are required either in conjunction with or to replace CPM:

There are similarities between all methods.  Develop the systems that work best for your company at this point in time.




Precon Value in Project Delivery Methods
By leveraging preconstruction services, contractors can gain a significant competitive advantage. This chart ranks the impact of precon across the basic project delivery methods and four basic dimensions:
COVID - Ask the Right Questions
Asking the right questions about how COVID-19 is truly impacting you in the short and long-term will help ensure that you are solving the right problems. This applies to all complex problems faced in life and business.
Accounting and Finance (Similarities, Differences, and Integration)
For a growing contractor, understanding the differences between accounting and finance is often a challenge. The two functions are related but very different.