Unlock project success with Critical Chain
Critical Chain is a powerful Theory of Constraints (TOC) methodology for solving project management problems and streamlining timelines to deliver projects better, faster and for lower cost.
While most manufacturers focus on improving operations or supply chain functions to drive better results, improving project management for new product launch and development processes is an often overlooked way to boost your bottom line.
The emergence of Critical Chain Project Management
The truth is that most projects run late, over budget and skate outside of scope. Yet the science of project management scarcely changed in decades — that is, until the emergence of Critical Chain theory, first espoused by Eli Goldratt in his 1997 book Critical Chain.
Critical Chain Project Management (CCPM) is the TOC solution for planning, scheduling, and managing performance in a project environment.
The “critical chain” is the constraint of a project: the longest sequence of dependent events through a project network considering both task and resource dependencies in completing the project.
A CCPM approach provides all-important visibility and the ability to effectively synchronize your operation’s technical resources. This can streamline and accelerate product launch and development timelines to dramatically increase revenue and business profitability.
Why CCPM in manufacturing?
- CCPM methodology can be used very successfully to enable high volume manufacturers to increase their business profitability
- It provides benefits in new product development and in gaining new business to support company strategy
- CCPM and its supporting software provide visibility and synchronization of resources across the organization to reduce operating costs while increasing throughput
Critical Chain Project Management at scale
CCPM is a fundamental principle of Montera’s Flow Management System for improving manufacturing performance, and the core of our Roadrunner Px project management software:
It applies Critical Chain to all your project management activities in real time, prioritizing tasks and resources, resolving conflicting priorities, and reducing ineffective multitasking.
Roadrunner Px ensures task gains offset task delays and facilitate full kitting while improving quality and minimizing rework. You can view the priority of active projects to determine which project needs the most attention using the ratio of Critical Chain complete to Project Buffer consumed.
This helps our manufacturing clients deliver projects 25% to 40% faster while increasing throughput by 25% to 50%.
Learn more about our Roadrunner ERP Expansion Pack software for project management, inventory management, production management and business intelligence.
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