IRMA-International.org: Creator of Knowledge
Information Resources Management Association
Advancing the Concepts & Practices of Information Resources Management in Modern Organizations

Critical Chain Method in Traditional Project and Portfolio Management Situations

Critical Chain Method in Traditional Project and Portfolio Management Situations
View Sample PDF
Author(s): Vittal S. Anantatmula (Western Carolina University, USA) and James B. Webb (BlueCross BlueShield, USA)
Copyright: 2016
Pages: 18
Source title: Project Management: Concepts, Methodologies, Tools, and Applications
Source Author(s)/Editor(s): Information Resources Management Association (USA)
DOI: 10.4018/978-1-5225-0196-1.ch049

Purchase

View Critical Chain Method in Traditional Project and Portfolio Management Situations on the publisher's website for pricing and purchasing information.

Abstract

Critical Path (CP) method has been under scrutiny in recent years as the next evolution of project schedule development, the Critical Chain (CC) project management is gaining attention. Advocates of the Critical Chain method cite the Critical Path method's failure to address uncertainty properly. The purpose of this paper is to apply some of the features of the Critical Chain concepts to traditional approach of Critical Path for projects. More importantly, this research effort aims to demonstrate the applicability of CCPM to managing a portfolio of projects. The analysis, based on a critical review of past studies, experiments in both Critical Path and Critical Chain techniques, and a case study, presents recommendations to gain benefits of Critical Chain in a traditional Critical Path scheduling environment and to manage portfolio of projects or programs using some of the concepts of the Critical Chain Method.

Related Content

Ahmad Alqatan, Imad Chbib, Khaled Hussainey. © 2021. 26 pages.
Zahra Al Nasser. © 2021. 32 pages.
Nagat Mohamed Marie Younis. © 2021. 26 pages.
Aboobucker Ilmudeen. © 2021. 19 pages.
Aboobucker Ilmudeen. © 2021. 17 pages.
Haşim Bağcı, Ceyda Yerdelen Kaygın. © 2021. 22 pages.
Muhammad Arslan. © 2021. 28 pages.
Body Bottom