Critical Chain: Breaking Through Project Management Bottlenecks

Author: Goldratt (E.) (Author), Luo Jiaying (Translator)
Publisher:
Publish Date: 2006-01-01
Features: Also available in the same series: Theory of Constraints (TOC) Management Fable: The Goal (3rd Edition) — TOC Management Fable: Not Just — TOC Management Fable: Still Not Enough — TOC Management Fable: The Chain of Thought — Dr. Eliyahu M. Goldratt, the most successful author of management fables in history, presents his masterpiece, Critical Chain — Critical Chain: The Bottleneck of Project Management! It radically replaces the traditional concept of "Critical Path" with "Critical Chain" and offers a profound reflection on MBA and traditional management education. Projects are everywhere, but they all have certain characteristics: limited available resources; completion deadlines and budget constraints; and often involve a wide scope, not only across departments but also with external stakeholders. The uncertainties during the project and the coordination across departments and enterprises are even more challenging. Effectively leading all aspects of projects together toward the goal is a significant challenge, and as a common tool for project management, the "Critical Path" method seems to be losing its effectiveness. This book introduces the Theory of Constraints (TOC) into the field of project management through a fictional narrative, proposing a new project management method—Critical Chain—to break through production and management bottlenecks.