PD-Trak offers Critical Chain Software (CCPM software) as an add-on to Microsoft
. The Critical
Chain Project Management methodology has been touted by many as the most
important development in the project management field in <30 years.
In contrast to the traditional Critical Path method, the Critical Chain
Project Management method uses more aggressive task duration estimates
in combination with buffers that are monitored as the project is
executed. The method creates a team dynamic where team members
work together to protect the buffers. When properly implemented,
this can result in dramatic improvements in on time completion of
for a more detailed description of the Critical Chain
Project Management methodology.
The Critical Chain Gantt Chart tool can be purchased as part of
PD-Trak Project and Portfolio Management system, or it can be purchased seperately for use on a stand-alone
basis. When purchased seperately, the tool comes with an interface file
that allows new Critical Chain Gantt Chart files to be created based on
license codes that can be purchased. The stand-alone system
price is $2,000 which includes five (5) Critical Chain Gantt Chart files.
Additional files can be created by purchasing license codes for $1,000 for
five (5) files.
Requirements for Use
The PD-Trak Critical Chain Gantt Chart
tool requires the use of Microsoft ProjectTM
2003 or later. The tool can be implemented internally on a LAN
directory or delivered as a hosted service
with high speed web access.
Before explaining how the tool is intended to be used, we should point out
that this level of detailed project planning will only add value after
performing some critical initial steps, including: clearly definining
the project objectives and deliverables, risk analysis and business case
development. There are other tools in the PD-Trak Project Portfolio Management System
that are designed to facilitate this up-front work.
Critical Chain Project Planning
objectives and scope have been defined, we can begin to develop a detailed
task plan. The following
screen shot shows a sequence of hypothetical
tasks. Note that the safe duration numbers represent the estimates
used in typical project planning which would have a 80-90% confidence level.
The average durations are typically 50% of the safe estimates.