Projects, like operations, involve many resources which have to carry out many tasks in order to accomplish pre-determined end results. Projects (especially in multi-project environments) have characteristics which drastically differentiate them from production. Learn how projects can finish ahead of time, within the allotted budget and without compromising on the content.
Critical Chain - the longest chain of dependent events considering resource contention.
Project Buffer - aggregated protection against uncertainty to protect project completion due date.
Feeding Buffers - aggregated protection against uncertainty to protect the critical chain.
Staggering - the mechanism to significantly reduce bad multitasking in multi-project environments.
Buffer Management - a process for monitoring and prioritizing according to the critical chain performance.
Your organization will learn how to carry out practical changes and what are the points you should take into account to have a successful implementation.
Includes the Q&A segment at the end of the presentation.
A knowledge sharing tool for group learning and buy-in to:
- Get the know-how of the Theory of Constraints (TOC) solution for PROJECT BASED environments as shown in his book Critical Chain.
- Learn the project management execution application of Critical Chain Project Management (CCPM) to complete (multi-) projects ahead of time, within the allotted budget and without compromising their content.
- Put SIMPLE & common sense procedures that your team can put into practice for IMMEDIATE results, resolving the Student Syndrome, Parkinson’s Law, Multitasking, Resource contention, early start vs. late start.
- Gain consensus from different stakeholders.
- Use as a comprehensive and system-focused learning resource for organizational development, group training, curriculum or library.
What is the problem?
• Common complaints
• Conflict cloud of complaints
• The project management cloud
• Current mode of operation
• What is the difference between a "realistic estimate" and a "50% chance" estimate?
• Do statistical deviations average out? Student syndrome
• Do statistical deviations average out? Parkinson Law
• A typical Project
• Multi-projects environments
• Bad multitasking
• Simulated project results
What is the solution?
• Project Management the TOC Way Real case: Maintenance of F-16 Israeli Airforce
• The way to stop bad multitasking is by staggering the projects
• Simulated project results with the DRUM
• Analysis of the solution
• How to focus using the Five Focusing Steps: Step 1: Identifying the system's constraint
• Step 2: Exploiting the system's constraint
• Step 3: Subordinate everything else to the above decision
• Simulated project results with the DRUM and BUFFER
• How do we set priorities? Buffer Management
• Simulated project results with the DRUM, Buffers and Buffer Management
• Judging the status of a project
Questions & Answers
The Goldratt Satellite Program (GSP) Company Licensing Agreement
The Video of The Goldratt Satellite Program (GSP)
This Licensing Agreement ("Agreement") sets forth the terms and conditions under which Goldratt's Marketing, Ltd. licenses The Goldratt Satellite Program (GSP) to Licensee.
The GSP was recorded during the live broadcast of the Goldratt Satellite Program presented by Dr. Eliyahu M. Goldratt in eight sessions during March to May 1999.
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If you are an Academic who is part of a formal educational institution, you are welcome to participate in our Academic Program which allows the Professor/University to teach students about the Theory of Constraints (TOC) using any of the following materials:
- The Goal movie
- TOC Insights
- TOC Self Learning Programs/GSP Series
Our Academic Program offers the Professor/University an opportunity to incorporate TOC Materials, such as the The Goal movie, TOC Insights, TOC Self Learning Programs, and GSP Series, into the course curriculum in order to provide a base of knowledge about the Theory of Constraints, and/or to include cases studies and video presentations from TOC.tv in order to show specific examples of how TOC has been implemented.
Interested parties will enter an Academic License Agreement which grants the non-exclusive, nontransferable rights to utilize the material in their course(s) provided that the Academic Licensee requires each student to purchase the material as part of the required course material. Students will pay a special Academic price which is significantly reduced from the list price and is as affordable as any other required text.
Participating Professors will receive his/her own copy of the TOC materials and is granted access to and use of such materials at no cost for as long as the Academic Program is active.
The benefits of participating in an Academic programs are huge. There is no monetary investment for the Professor/University. The Professor will have access to learning material which supports their course and expands their own personal knowledge of TOC. The students will be learning about TOC with materials that provide detailed knowledge and support and deepen their understanding.
In any case, if the above is not right for your Academic needs, there are Academic discounts available for any of the above materials.
Please CONTACT US for more information on the Academic programs and/or discounts.