Critical Chain Project Management to cope with uncertainty

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Critical Chain Project Management(CCPM) is an approach for managing project, initially developed by M. Goldratt and based on the Theory of Constraints(TOC) applied to project management. It has adquired increased importance since it has been proved to be an effective method to ensure project completed on time, reduction of project completition time, and increased resource productivity. The basics principle are: avoiding multi-tasking, focus on the critical chain tasks, aggregate all safety time to handle uncertainty

This article illustrates the theory behind the method, its application, [a comparison with the critical path method], and its limitation.

Contents

Theory of Constraints

TOC applied to Project Management

Undesired effects of traditional approaches

Critical Chain Method

Applications

Procedure

Limitation

References

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