Get benefited using Critical chain project management

There is a very common phenomenon i.e.- " More we start, slow we become, less we actually deliver." 

Most of the people are still following task centered project philosophy whereas TOC based "Critical chain project management" focuses on resources.

Yes, CCPM has effective method to accelerate the projects to complete them at warp speed that too without hassles and lesser stress level..

The key elements are :Resource buffer, Feeder buffer and Project buffer  

It addresses resource management and not task as usually being followed most commonly.

Any task whether it is machine building, construction work or any long run "combinations of processes" is a "Project". 

It may be a building, a bridge, a machine, or a factory.

Obviously early completion or "optimizing the project lead time" will have intrinsic advantages.

Let us figure out few:

From customer's point of view:

A. They will start using the product much early and if it is related to the business purpose then they will start their earning sooner.

B. They do not need to block their advance amount for longer time.

Benefits for the organisation which is delivering the Project :

A. Customer will be happy,may retain with you for ever and also give good feed back to other customers.

B. You will be in a position to deliver much more projects and cater more customers as compared to existing in the same time frame .

C. Throughput shall be too high with almost same operating expenses..

D. Inventory shall be reduced drastically with much higher turnover ratio.

How does that sound?

Firoj Mulani

Managing Director @ Chemitek Process Equipments Pvt Ltd | Mechanical Engineering

2 年

Anil, thanks for sharing!

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Sailesh Maganlal

Accomplished Supply Chain Pro. Proven track record in optimising processes and driving successes.Let's connect for impactful solutions.

4 年

Again...These are good tips in managing optimal inventory levels in your production floor.

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CMA PANKAJ JAIN

??Global MSME & Realty Strategist… | Guiding Business Owners to achieve 2x Profits in 9months / Get Funding in 30days | Business Transformation | SME IPO | RERA

4 年

Firstly, we should identify our Dynamic Capabilities We can keep on starting whatever it may be if it is not beyond our DC ????

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