What are distinctions between critical path-critical chain

Assignment Help Operation Management
Reference no: EM131415530

The book is critical chain novel

What are the distinctions between critical path and critical chain? What are some of the key principles of Critical Chain Project Management (CCPM)?    

What are some of the issues project managers face while dealing with scheduling based on the critical path method that might be resolved with critical chain methodology?

Can you relate to any of the issues the characters in the book face in their jobs? Provide an example of a situation you have faced in your own experience where critical chain's concepts may have been beneficial to consider.

How could you apply the Theory of Constraint concept to your personal life? How would you take this theory of project management and extrapolate it into evaluating your personal life to discover ways you could apply this concept in a seemingly unrelated realm of personal goals and decisions?

An important piece of critical chain thinking is to measure what is important--developing the right metrics to measure to true health of a company. Give me an example of a metric a business, preferably one you work(ed) for, uses to measure its business processes that may be misleading by making it look like the company is performing well when financially the company is not achieving what it should to create long-term sustainability.

"Critical Chain: A Business Novel" offers a broader viewpoint for project managers to use when thinking about project planning; however, it doesn't really go into the actual implementation of critical chain and Theory of Constraint concepts within companies. Identify and discuss another resource you find that would help you take the critical chain theory further and how it would help you implement the theory in an organization.

Describe the recipe the author shares in the book for process improvement (ie: identify constraint, exploit it, subordinate all other processes to it and elevate the constraint) and explain how critical chain concept takes that a step further by resolving resource constraints. Do you agree that this is an effective way to conduct process improvement? Why or why not?

Identify and discuss the three delays in projects that Goldratt emphasizes in the book. Have you ever been personally affected by any of these types of delays in projects you have worked on?

How does Parkinson's Law "work expands so as to fill the time available for its completion" relate to the concepts of critical path and critical chain?

Discuss the tradeoffs between cost of a project and shorter lead times. Do you recognize any potential issues with the negotiations with the coatings subcontractor? How could you make those negotiations even more effective?

These are just a few suggestions you can consider addressing in your book review, but please feel free to share your own reactions and thoughts to the book. Please make sure your critique of "Critical Chain: A Business Novel" is not just a summary of the book. That is only a small portion of the grading requirement of the book review writing process.

Reference no: EM131415530

Example of market segmentation

Give an example of market segmentation using a product that you have recently purchased. Briefly describe the segment that you fit into (e.g., in terms of the most relevant se

Which is a better plan

This is a benefits and compensation question related to human resourse management. Which is a better plan, a defined benefit plan or a defined contribution plan. which would

Describe four positive steps to better listening

Name the three kinds of customer turnoffs described in the chapter. Who, in an organization, is primarily responsible for each? What is Web-based customer service and why is i

Poisson arrivals and exponential service times model

Jay's Store operates a fleet of 10 trucks. The trucks arrive at random times throughout the day at the store’s truck dock to be loaded with new deliveries or to have incoming

Shining light on those pimples-No aging effect

Read the article "Shining light on those pimples: No aging effect. New treatment zaps acne, not healthy skin" by Jane E. Allen Los Angeles Times, November 16, 2002. How does t

Evaluate and present the impacts of the resources

Apply the best organizational development process skills the executives should use, Apply the change strategies within the short-term and long-term and Evaluate and present th

Paralegal play in maintaining accurate billing statements

Research the ABA rules of professional of conduct and summarize the sanctions imposed on attorneys for over billing clients. What role does the paralegal play in maintaining a

Some information that should be found in big data databases

What is some information that should be found in big data databases? Why has big-data analytics become so popular with companies like Kraft Foods, United Airlines, and Ford Mo

Reviews

Write a Review

 
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd