Event chain methodology

Event chain methodology is an uncertainty modeling and schedule network analysis technique that is focused on identifying and managing events and event chains that affect project schedules. Event chain methodology is the next advance beyond critical path method and critical chain project management.[1].

Event chain methodology helps to mitigate effect motivational and cognitive biases in estimating and scheduling.[2][3] . In many cases, project managers intentionally or unintentionally create project schedules that are impossible to implement[4][5]. The methodology also simplifies the process of defining risks and uncertainties in project schedules, particularly by improving the ability to provide reality checks and to visualize multiple events. Event chain methodology is used to perform more accurate quantitative analysis while taking into account such factors as relationships between different events and actual moments of the events.