Project management applications of the theory of onstraints beyond critical chain sheduling
By: STEIN, H
.
Material type: 
ArticlePublisher: 2002Subject(s): Theory of Constraints | Critical Chain | Project Risk Management | Project Shedule | Project Network | Resource Sheduling | Project Cost Management | Multi Project | Resource Allocation | Human BehaviourInternational Journal of Project Management 20, 1, p. 75-80Abstract: The application of the Theory of Constraints (TOC) is an approach that can be used to develop a variety of management techniques. As a result of the multi-disciplinary nature of project management a variety of different applications within project management are possible. The application of the TOC approach to project sheduling led to the developmetn of the "critical chain" technique that has been the subject of discussions in literature. This paper explains why TOC was initially applied only to project sheduling. A second application of TOC is to manage resources shared by a number of concurrent projects. The basis principles of this second application are discussed in this paper. In addition to the above-mentioned two applications the TOC approach can also be applied to other areas of project management such as projects cost management and project risk management
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The application of the Theory of Constraints (TOC) is an approach that can be used to develop a variety of management techniques. As a result of the multi-disciplinary nature of project management a variety of different applications within project management are possible. The application of the TOC approach to project sheduling led to the developmetn of the "critical chain" technique that has been the subject of discussions in literature. This paper explains why TOC was initially applied only to project sheduling. A second application of TOC is to manage resources shared by a number of concurrent projects. The basis principles of this second application are discussed in this paper. In addition to the above-mentioned two applications the TOC approach can also be applied to other areas of project management such as projects cost management and project risk management
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