This video succinctly condenses 90% of the CCPM knowledge in a unique and efficient manner. In just 5 minutes, Phillip articulates the logic behind CCPM, saving us valuable hours that would have been spent deciphering the same concepts independently. Grateful for Phillip's insightful explanation!
Hi there, As you correctly pointed out, the size of the buffer is 8 days in this example which amounts to half of the focused duration of the work to be done (16 days). However, the total duration of the project to be communicated to the client should be the sum of the focused duration of the work AND the buffer : 16 + 8 = 24 days. This explains why the buffer represents 1/3 of the total duration of the project in this example. Note: In practice, buffer calculations are not an exact science. Buffer estimates might not always amount to 1/3 of the total project duration.
This video succinctly condenses 90% of the CCPM knowledge in a unique and efficient manner. In just 5 minutes, Phillip articulates the logic behind CCPM, saving us valuable hours that would have been spent deciphering the same concepts independently. Grateful for Phillip's insightful explanation!
Thank you for your encouragement Spyros!
love the 5 minute summaries. helps to spread the word to new TOC-curious people
Thank you Adam.
This perfectly describes CCPM, or what i consider Production Scheduling. Such a simple tool that ERP software systems must offer, (and don't).
Excellent video, thanks Philip! I noticed the buffer is 1/2 of the work not 1/3. Was it just an estimate for the example? thanks!
Hi there,
As you correctly pointed out, the size of the buffer is 8 days in this example which amounts to half of the focused duration of the work to be done (16 days). However, the total duration of the project to be communicated to the client should be the sum of the focused duration of the work AND the buffer : 16 + 8 = 24 days. This explains why the buffer represents 1/3 of the total duration of the project in this example.
Note: In practice, buffer calculations are not an exact science. Buffer estimates might not always amount to 1/3 of the total project duration.
@@marrisconsulting excelente! Thanks a lot for the details. I appreciate your videos. If you happen to come to Boston, let me know.
Great explanation. I now understand. The PMBOK definition is far less clear!!!
Great explanation 👍
Thank you.