Small Business Resources, Business Advice and Forms from AllBusiness.com
 

A CRITICAL LOOK AT CRITICAL CHAIN PROJECT MANAGEMENT

By Barnes, Robert
Publication: Project Management Journal
Date: Monday, December 1 2003
HEADNOTE

ABSTRACT

Critical Chain Project Management (CCPM) has emerged in the last few years as a novel approach for managing projects. In this paper the authors analyze the principles of CCPM, starting with a review of its key

elements: reduction of duration estimates; buffer calculations; task completion notification; progress measurement; and priority setting. The authors continue with a CCPM critical analysis using evidence in the research literature and in practice. The points addressed include duration estimation practices, project network structure, stability of the critical chain, resource productivity under multi-tasking, and the project's organizational and operational environment. The place that CCPM occupies in the broader project management context and the costs associated with its adoption are also considered. The authors' conclusion is that although CCPM has a number of valuable concepts, it does not provide a complete solution to project management needs, and that organizations should be very careful about the exclusion of conventional project management techniques.

In addition, make sure to read these articles:

  • Sapiens Enables 3M France to Achieve Euro...
  • Business Editors RESEARCH TRIANGLE PARK, N.C.--(BUSINESS WIRE)--April 17, 2001 Sapiens International Corporation N.V. (NASDAQ:SPNS), a global e-business solutions provider, today announced that 3M France, a ......
  • Nenstiel Technology to Resell...
  • Business & Technology Editors TORONTO--(BUSINESS WIRE)--June 7, 2001 Changepoint Corporation, a leading provider of Web-based business process automation solutions for IT services organizations, today announced ......
  • BlueCube Software Announces Availability of...
  • ALPHARETTA, Ga. -- New application drives operational excellence through task control and integration with labor forecast and schedule BlueCube Software(TM) announced today the availability ......
  • BSI announces new project management standards
  • A new series of project management standards is now available from BSI. The newly published three-part series entitled BS 6079 is designed for a wide ......
  • Policing, firefighting, or managing?
  • HEADNOTE Project Management HEADNOTE Why multi-project management is an essential skill. The call for management accountants to become proactive executive team members is widely heralded, ......
  • Project Management Techniques Before Award Can...
  • Contracting Officers (KO) play an integral role in the success or failure of projects. Statistics show that IT projects continue to struggle, with only 29 ......
  • The Case for Project Management
  • HEADNOTE As a business discipline, project management has much to offer todays FSDs. But it also requires new skills and approaches to managing people. If ......
  • FAI's Rainieri awarded new...
  • Carmen Rainieri, director of construction management at FAI Construction Consultants, has been certified by the American Institute of Constructors in a rigorous qualification process based ......
  • Critical Chain.
  • Eliyahu M. Goldratt The North River Press Publishing Corporation, Great Barrington, MA, 1997. ISBN 0-88427-153-6 This is a business novel that focuses Goldratt's Theory of ......
  • Critical chain project management flies.
  • In 2004, the Warner Robins Air Logistics Center in southern Georgia was flying high. Officials had significantly reduced the number of days required for the ......
  • Stanford Advanced Project Management
  • TODAY'S ORGANIZATIONS need to develop project managers who can complete projects on time and within budget. Yet even more critically, organizations must develop and leverage ......
  • PROJECT MANAGEMENT: Critical success factors for...
  • Lately, attention to project management in municipal organizations has increased considerably, and a number of municipalities have adopted project management frameworks, tools and techniques. Sometimes, ......
  • PM 102 According to the Olde Curmudgeon: An...
  • PM 102 According to the Olde Curmudgeon: An Introduction to the Basic Concepts of Modern Project Management by Francis M. Webster Jr. The second shoe ......
  • Strategic Budgeting: A Case Study and Proposed...
  • HEADNOTE THIS REDUCTION METHOD ALLOWS COSTS TO BE CUT WHERE THE CUTS WILL NOT NEGATIVELY IMPACT PERFORMANCE OF THE SERVICE DEPARTMENTS. AT THE SAME TIME, ......
  • RBA releases its latest project management tool.
  • Worldwide Computer Products News-29 June 2004-RBA releases its latest project management tool(C)1995-2004 M2 COMMUNICATIONS LTD http://www.m2.com IBM iSeries solutions provider RBA has launched its PMweb ......
presented by