Dr. Eliyahu M. Goldratt – Project Management and Engineering – Critical Chain (CCPM) and Product Development

Dr. Eliyahu M. Goldratt - Project Management and Engineering - Critical Chain (CCPM) and Product Development

Description

Projects, like operations, involve many resources which have to carry out many tasks in order to accomplish pre-determined end results. Projects (especially in multi-project environments) have characteristics which drastically differentiate them from production. Learn how projects can finish ahead of time, within the allotted budget and without compromising on the content.

Critical Chain – the longest chain of dependent events considering resource contention.

Project Buffer – aggregated protection against uncertainty to protect project completion due date.

Feeding Buffers – aggregated protection against uncertainty to protect the critical chain.

Staggering – the mechanism to significantly reduce bad multitasking in multi-project environments.

Buffer Management – a process for monitoring and prioritizing according to the critical chain performance.

Your organization will learn how to carry out practical changes and what are the points you should take into account to have a successful implementation.

Includes a Q&A segment.

A knowledge sharing tool for group learning and buy-in to:

Get the know-how of the Theory of Constraints (TOC) solution for PROJECT BASED environments as shown in his book Critical Chain.
Learn the project management execution application of Critical Chain Project Management (CCPM) to complete (multi-) projects ahead of time, within the allotted budget and without compromising their content.
Put SIMPLE & common sense procedures that your team can put into practice for IMMEDIATE results, resolving the Student Syndrome, Parkinson’s Law, Multitasking, Resource contention, early start vs. late start.
Gain consensus from different stakeholders.
Use as a comprehensive and system-focused learning resource for organizational development, group training, curriculum or library.

Content

What is the problem?

• Common complaints

• Conflict cloud of complaints

• The project management cloud

• Current mode of operation

• What is the difference between a “realistic estimate” and a “50% chance” estimate?

• Do statistical deviations average out? Student syndrome

• Do statistical deviations average out? Parkinson Law

• A typical Project

• Multi-projects environments

• Bad multitasking

• Simulated project results

What is the solution?

• Project Management the TOC Way Real case: Maintenance of F-16 Israeli Airforce

• The way to stop bad multitasking is by staggering the projects

• Simulated project results with the DRUM

• Analysis of the solution

• How to focus using the Five Focusing Steps: Step 1: Identifying the system’s constraint

• Step 2: Exploiting the system’s constraint

• Step 3: Subordinate everything else to the above decision

• Simulated project results with the DRUM and BUFFER

• How do we set priorities? Buffer Management

• Simulated project results with the DRUM, Buffers and Buffer Management

• Judging the status of a project

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