Critical Chain Project Portfolio Management
LO 11.6 Apply critical chain project management to project portfolios.
Critical Chain Project Management can also be applied to managing a firm’s portfolio of projects. Basic TOC logic can be applied to the portfolio of company projects to identify the key systemwide constraint. Recall that in the single-project example, the key constraint is found to be the critical chain. At the organizationwide level, the chief constraint is commonly seen as the company’s resource capacity. In balancing the portfolio of projects in process, we must first evaluate the company’s chief resource constraints to determine available capacity. The resource constraint may be a person or department; it may be a companywide ...
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