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Critical Chain is a novel by Dr. Eliyahu Goldratt using the critical chain theory of project management as the major theme. It is really a teaching method for the theory. It is really a teaching method for the theory.
Critical chain project management is based on methods and algorithms derived from Theory of Constraints. The idea of CCPM was introduced in 1997 in Eliyahu M. Goldratt's book, Critical Chain . The application of CCPM has been credited with achieving projects 10% to 50% faster and/or cheaper than the traditional methods (i.e., CPM, PERT, Gantt ...
Eliyahu Moshe Goldratt (March 31, 1947 – June 11, 2011) was an Israeli business management guru. [1] [2] He was the originator of the Optimized Production Technique, the Theory of Constraints (TOC), the Thinking Processes, Drum-Buffer-Rope, Critical Chain Project Management (CCPM) and other TOC derived tools.
The theory of constraints is an overall management philosophy, introduced by Eliyahu M. Goldratt in his 1984 book titled The Goal, that is geared to help organizations continually achieve their goals. [1]
Critical Chain. ISBN 0-88427-153-6; Eliyahu M. Goldratt, Eli Schragenheim, Carol A. Ptak. Necessary But Not Sufficient. ISBN 0-88427-170-6; Lisa J. Scheinkopf. Thinking For a Change: Putting the TOC Thinking Processes to Use. ISBN 1-57444-101-9; Eli Schragenheim. Management Dilemmas: The Theory of Constraints Approach to Problem Identification ...
A CRT is a focusing procedure formulated by Eliyahu Goldratt, developer of the theory of constraints. This process is intended to help leaders gain understanding of cause and effect in a situation they want to improve.
Critical Chain and Necessary But Not Sufficient It's Not Luck (1994) is a business novel and a sequel to The Goal . Set several years after, the plot continues to follow the advancement of the main character, Alex Rogo, through the corporate ranks of large manufacturer , UniCo.
One thrust of critique has come from the critical chain developers and followers (e.g. Eliyahu M. Goldratt and Lawrence P. Leach), [10] as opposed to critical path method adherents. The PMBOK Guide section on Project Time Management does indicate Critical Chain as an alternative method to Critical Path.