Critical Chain

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==Abstract==
 
==Abstract==
CCPM was firstly introduced by Israeli physicist, Eliyahu M. Goldratt in his book “Critical Chain”. The development of CCPM was a response to poor time management in projects.
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CCPM was firstly introduced by Israeli physicist, Eliyahu M. Goldratt in his book “Critical Chain”. The development of CCPM was a response to poor time management in projects that the critical path method was not able to solve. One can therefore state that Critical Path is a precursor to Critical Chain.  
  
 
==Critical Chain==
 
==Critical Chain==
  
 
===Time management in projects===
 
===Time management in projects===
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Two problems often arises in relation to being on time in projects.
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* People procrastinate and only start a task to finish the task in the planned time, also called "the student syndrome"
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* Even if a worker finishes early they use all the time available, which can be explained by Parkinson's law. If one finishes early they will expand the scope and use more effort on the task than required.
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Critical Chain acknowledges the need of safety margins in projects to reduce risks but safety margins will not prevent the project from being late due to the aforementioned problems.
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===Critical Path versus Critical Chain===
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Critical path schedules projects on task dependencies while Critical Chain is based on resources. Critical Chain does not prohibit concurrent project work but multitasking is prohibited meaning that work on one task cannot be interrupted to start another. Multitasking fails to complete tasks fast since the resource is split between multiple tasks and also due to the fact that there is a certain amount of communication time switching from one task to another.
  
 
===Critical Chain application===
 
===Critical Chain application===
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In order to apply Critical Chain the following steps need to be followed.
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#Determine order of tasks and critical path: Identify the tasks needed to succeed with the project as well as their sequence. Determine critical path.
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#Slice the duration of the tasks: Typically the PM will decide on half/half for simplicity but other
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==Limitations==
 
==Limitations==

Revision as of 19:40, 6 February 2023

Category:Critical Chain.

Contents

Abstract

CCPM was firstly introduced by Israeli physicist, Eliyahu M. Goldratt in his book “Critical Chain”. The development of CCPM was a response to poor time management in projects that the critical path method was not able to solve. One can therefore state that Critical Path is a precursor to Critical Chain.

Critical Chain

Time management in projects

Two problems often arises in relation to being on time in projects.

  • People procrastinate and only start a task to finish the task in the planned time, also called "the student syndrome"
  • Even if a worker finishes early they use all the time available, which can be explained by Parkinson's law. If one finishes early they will expand the scope and use more effort on the task than required.

Critical Chain acknowledges the need of safety margins in projects to reduce risks but safety margins will not prevent the project from being late due to the aforementioned problems.

Critical Path versus Critical Chain

Critical path schedules projects on task dependencies while Critical Chain is based on resources. Critical Chain does not prohibit concurrent project work but multitasking is prohibited meaning that work on one task cannot be interrupted to start another. Multitasking fails to complete tasks fast since the resource is split between multiple tasks and also due to the fact that there is a certain amount of communication time switching from one task to another.

Critical Chain application

In order to apply Critical Chain the following steps need to be followed.

  1. Determine order of tasks and critical path: Identify the tasks needed to succeed with the project as well as their sequence. Determine critical path.
  2. Slice the duration of the tasks: Typically the PM will decide on half/half for simplicity but other


Limitations

Annotated Bibliography

References

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