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Modeling Agility Evaluation in Critical Chain Project management (Approach of Dynamic Systems)

Journal Name:

  • International Journal of Science and Engineering Investigations

Publication Year:

  • 2013

Key Words:

Author NameUniversity of Author
Abstract (2. Language): 
Since 1997 Critical Chain as a superior alternative to PERT/CPM for managing projects in multi project environments. The aim of Modeling Agility Evaluation in Critical Chain Project management is to maximize the system efficiency by finding an optimal planning for a better cooperation among various processes. In recent years many algorithms proposed to solve this problem, and most of them are based on heuristic methods. Several vendors have incorporated his ideas into software packages for industry use. In spite of using such systems companies commonly struggle with managing multiple projects and completing them on-time. In This paper extends Goldratt’s model by proposing dynamic system's model that we found useful for managing projects at a local company.Since 1997 Critical Chain as a superior alternative to PERT/CPM for managing projects in multi project environments. The aim of Modeling Agility Evaluation in Critical Chain Project management is to maximize the system efficiency by finding an optimal planning for a better cooperation among various processes. In recent years many algorithms proposed to solve this problem, and most of them are based on heuristic methods. Several vendors have incorporated his ideas into software packages for industry use. In spite of using such systems companies commonly struggle with managing multiple projects and completing them on-time. In This paper extends Goldratt’s model by proposing dynamic system's model that we found useful for managing projects at a local company.
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  • 19
89-92
  • English

REFERENCES

References: 

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