Critical Chain Project Management

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Recommended: Importance of constraints on project management

Brief History
In the 1997, Critical Chain Project Management developed by Dr Eli Goldratt from his Theory of Constraints book “Critical Chain”. This method was designed specifically for project environment. CCPM is being presented as an alternative to the old methods for project planning and control, such as those contained in the management within standards such as the PMI Guide to the Project Management Body of Knowledge (PMBOK).Therefore, Critical Chain Project Management have claims from both a theoretical and practical perspective in the light of this new guidance. It applies Goldratt's Theory of Constraints (TOC) to resolve project task and delivery issues.

Description
Critical Chain Project Management can address as a method of planning and managing project that can emphasizes the resources required to execute project tasks which related with placed on tight scheduling and ordered tasks.
Process
CCPM approaches projects by applying the following steps:
1. Initiate Process – Projects are selected within the achieving the goal of the organization. Therefore, the initiation of a project can derive the scope that results in actual accomplishment to gain a quality resources, sometimes expanding project scope beyond that acceptable in non-TOC environment.
2. Planning Process-Identify the chain buffer which is comprised of critical tasks. Reducing task estimates dramatically and safety (manage the impact of variation and uncertainty around projects).
3. Execution Process- Project resources are prioritized according to determinations defined in the planning process like insert resource buffers where appropriate to reduce the probability that a critical resource is unavailable when scheduled. The project manager will be deciding w...

... middle of paper ...

...ject” was used as a pilot effort, to evaluate TOC project management. The project was completed in June, 1997, with buffer to spare.

Works Cited

http://www.dbrmfg.co.nz/Projects%20Critical%20Chain.htm http://www.goldratt.co.uk/resources/critical_chain/ http://webcache.googleusercontent.com/search?q=cache:FiLVpYyBQsIJ:www.pomsmeetings.org/confpapers/011/011-0754.pdf+&cd=5&hl=en&ct=clnk http://webcache.googleusercontent.com/search?q=cache:zG_BD6ZzFb4J:ftp://ool-43527570.dyn.optonline.net/Elements/Share/Kelechi/My%2520Education/Graduate%2520School/UMUC/Courses/ITEC%2520640/Schedule/Week%25206/ITEC%2520640%2520Week%25206%2520A%2520critical%2520Look%2520at%2520Critical%2520Chains.pdf+&cd=2&hl=en&ct=clnk http://www.focusedperformance.com/ccfaq.html#01
https://sites.google.com/site/managementconsultingnow/Home/project-management/what-is-critical-chain-project-management

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