This Focused Performance Weblog is a "business management blog" containing links and commentary related primarily to organizational effectiveness with a "Theory of Constraints" perspective. TOC is noted for its applications in Project Management and Multi-Project Management (Critical Chain) and Operations Management (Drum-Buffer-Rope), as well as in Marketing, Strategic Planning and Change Management (TOC Thinking Processes). If you are on an archive page, current postings are found here.
"No one believes the end date of a project." For very risky projects, this end date could be a range of months or even years. For well-understood projects, this uncertainty might only be a range of a few days or weeks.
"Project management tools only map the known future. They know nothing about unknowns and risks, and they give us the illusion that we know what is going to happen."
"Managing by objectives (dates) is dead wrong. Simply elevating the importance of a date won't make it more likely..."
Since I have been working with critical chain project management for the last few years, it is obvious to me that most of these issues can be handled via CCPM. The whole idea behind the philosophy is to build projects with an understanding of the associated risk, and build your portfolio with this uncertainty in mind.
DeMarco's previous books Slack and The Deadline has been one of my favorites for some time now. It looks like there's another heading for my bookshelf.
posted by Frank - Permanent Link -
|
View Frank Patrick's profile
