On Time and Within Budget: Project Management Using the Critical Chain Method

Completing a project on time and within budget is the dream of any project manager. However, most projects run late, and the budget exceeds what was planned. The culprit is process variability: unexpected shortages of staff, overload in workshops, equipment failures, problems with contractors and quality. Attempts to tighten planning lead nowhere: life still throws surprises that are not in the plan. The key to effective project management lies in accounting for variability using the critical chain method, which is developed based on Goldratt's theory of constraints and Deming's statistical approach. According to the author, variability can indeed be brought under control, and project completion on time can be achieved even in complex and uncertain situations. . .The book will be of interest to all project managers, as well as top managers overseeing the execution of complex projects.