Quantifying buffers for project schedules

In his recent book, Critical Chain, Goldratt (1997) applied concepts from the theory of constraints to project management. He proposed using time buffers in project schedules to protect the constrained critical chain of project activities. Goldratt's ideas are expanded upon by developing proced...

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Bibliographic Details
Published in:Production and inventory management journal 1999-06, Vol.40 (2), p.43
Main Authors: Hoel, Kjersti, Taylor, Sam G
Format: Article
Language:English
Subjects:
Critical path
Expected values
Monte Carlo simulation
Operations research
Probability
Probability distribution
Project management
Schedules
Scheduling
Standard deviation
Studies
Theory of constraints
Online Access:Get full text
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Summary:In his recent book, Critical Chain, Goldratt (1997) applied concepts from the theory of constraints to project management. He proposed using time buffers in project schedules to protect the constrained critical chain of project activities. Goldratt's ideas are expanded upon by developing procedures for sizing project buffers.
ISSN:0897-8336