Article provided by: SAI Consulting, Inc.
Since the 1910s, there have been several project management methods used by businesses. The earliest of these were the critical path method (CPM) and PERT (Project Evaluation and Review Technique). While these were widely used in the 20th century, research in the late 1990s revealed several shortcomings. Only less than half of the projects managed through these methods were completed on time, and the operation costs went over budget in most cases. In 1997, a more effective alternative, the critical chain method (CCM), was introduced.
At SAI Consulting, we offer the latest, high-performance project management solutions to our clients. This includes critical chain project management (CCPM), which we have unsurpassed experience in.
If you want to practice modern project management, it’s essential to first understand what is a critical chain? Each project comprises several tasks that must each be executed effectively for the overall success of a project.
In a complex project, there are usually several chains of interdependent activities. The project is deemed complete when all of these task chains are implemented. A critical chain is the one that takes the longest time to execute and is made up of critical tasks that are necessary for project completion.
The critical chain method focuses on the resources required to fulfill the activities in every chain. This is in contrast to CPM and other older methodologies that concentrated on the task and the time it took to complete them.
Traditional methods ignored the fact that resource constraints can cause delays in any project, thereby affecting the originally planned project end date. This resulted in many projects running behind schedule since the contingencies that cropped up along the way were not well accounted for in terms of time allocation.
Origin of the Critical Chain Management Method
CCM is the creation of Dr. Eliyahu M. Goldratt, a business management guru who introduced several project management philosophies. He developed the critical chain method using algorithms derived from the Theory of Constraints (TOC).
The TOC is a philosophy Dr. Goldratt presented in his 1984 book, The Goal, aimed at helping businesses achieve their goals. In 1997, he adapted the concept of the TOC into project management, which resulted in the critical chain method.
The introduction of ideologies contained in the TOC filled the gaps left in earlier methods. Critical chain management for project scheduling does away with wasteful techniques such as multitasking. It also prevents student syndrome and Parkinson’s law, which were behind most delays in projects that applied CPM.
Why Choose Us?
The critical chain method provides an efficient management model for project managers, but it’s only successful when applied the right way. At SAI Consulting, we were among the first consultants to begin implementing CCPM after its inception. We’ve therefore had over twenty years of practice, during which we’ve effortlessly helped companies to adopt the method. By choosing us, you’ll have leading consultants at your service with the finest CCM management skills.
Partner with Unexcelled CCPM Specialists
At SAI Consulting, we consider ourselves your business partners. When you hire our top consultants for critical chain project management, our main focus is to deliver the desired results and assist you in reaching your goals. Contact SAI Consulting for the best business process improvement services on the earth: Phone: (904) 273-9840.
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