Theory of Constraints and Critical Chain Project Scheduling
LO 11.3 Understand the logic behind Theory of Constraints and its implications for Critical Chain scheduling
In practice, the network schedules we constructed in the previous two chapters using PERT and probabilistic time estimates are extremely resource dependent. That is, the accuracy of these estimates and our project schedules is sensitive to resource availability—critical project resources must be available to the degree they are needed at precisely the right time for the schedule to work as it is intended. One result of using “early-start” schedules is to make project managers very aware of the importance of protecting their schedule slack throughout the project. The more we ...
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