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Stream/Area:
-
Subject:
-
Paper ID:
10.55041/IJSREM18376
Volume:
7 |
3 |
Mar 2023
Pages:
Publication Frequency:
Monthly (12 issues per year)
License:International Journal of Scientific Research in Engineering and Management follows the Creative Commons Attribution 4.0 (CC BY 4.0) License, allowing free use and distribution with proper attribution.
Theory of Constraints (TOC) is the parent concept for the development of critical chain project management (CCPM). CCPM is the application of TOC. The project management literature has taken a keen interest in this. The key element of CCPM such as the Theory of Constraints, CCPM scheduling, Activity duration, types of buffers and their positioning, and buffer sizing techniques are reviewed by the author. This includes activity duration factors such as student syndrome and Parkinson’s laws. Multitasking affects project cost and CCPM & TOC provide the solution. The authors conclude that, even though CCPM contains several useful principles, it does not entirely address all project management requirements. As a result, companies should exercise extreme caution when excluding conventional project management techniques.
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Publication Date
3/31/2023
Peer Review Type
Double-Blind Peer Review
Review Rounds: 2
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Conflict of Interest
The authors declare no conflict of interest related to this research work.
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