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
D. Brown Management
July 15, 2018 2 minute read
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.

Categorizing Project Opportunities (Not Ranking)
The health of your opportunity pipeline determines the health and scalability of your company 6-24 months from now. Standards for quantifying and segmenting your pipeline help you see trends and allocate resources more effectively.
Related Article
Cash Flow Tip 7 - Schedule-of-Values
Having a good SOV and billing format will set you up for cash flow success throughout the project.
Related Article
Relationship Tiers and Impact on Outcomes
Relationships form the foundation of every construction business, from customers to key vendors and subcontractors. While all relationships are valuable, their value varies and must be managed accordingly—a task that becomes more complex with growth.
Related Article