Critical Chain Review

Critical Chain
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Eli Goldratt continues his application of Theory of Constraints (TOC) to various business processes by focusing on project management with this latest business novella. TOC is a method of creating ongoing improvement in operational processes, as well as a general management philosophy.Goldratt introduced this theory to world in his best-selling book THE GOAL, where he applied the principles to a manufacturing setting.
In CRITICAL CHAIN, Goldratt builds upon the teachings found in THE GOAL.He quickly describes of constructs of TOC, while spending more time addressing some specific phenomenon of project management versus process management.This is where the "Aha"s come into play.
Goldratt's characters debate and learn why projects often run overdue and over budget, or finish with less completed than originally specified.The characters debate critical path vs. non-critical path tasks, early vs. late start, resource conflicts, safety buffers in each task, negotiating with subcontractors and suppliers, as well as the erroneous progress accounting/measurement techniques that give everyone a false sense of progress toward completion.
Each of these topics were useful in challenging the conventional wisdom of project management.Each presented some new techniques for managing projects more aggressively.In my job, I indirectly manage a large number of construction project managers, and this was useful in understanding some of the reasons we struggle to deliver on time and on budget.
For those of you looking for the same enlightenment that you probably derived from THE GOAL, you will be mildly disappointed.For those of you who have not yet read THE GOAL, I highly recommend reading it, because it will provide the foundation material (TOC) in much more depth and clarity.
For me, TOC completes the loop of operational concepts that I have pondered over my career, namely how to improve processes and improve overall organizational productivity, while eliminating "fire fighting" and bottlenecks in production. CRITICAL CHAIN furthers the progress of this thinking relative to a project vs. a process environment.

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Product Description:
Powerful yet simple techniques to solve project management's toughest problems.This book teaches companies to drastically cut project development times resulting in early completion within budget and without compromising quality or specifications.

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