Critical Chain Project Management
(A One Day Workshop)

PDUs awarded: 7

Workshop Overview

Project Managers have gained considerable maturity in various knowledge areas and processes in Project Management. However, the human aspect is still being given relatively less importance. It is necessary to understand that human skills are a critical differentiator in ensuring successful Project completion.
Every Project is unique. . Scope uncertainties usually result in schedule variances. People don’t want to be late. Therefore they factor in a lot of safety in each of the project tasks. Even then most of the projects are late because of various human factors like Parkinson’s law, Students syndrome etc.

Critical Chain Project Management (The application of Theory of Constraints to Project Management) targets Project Algorithms and Human behavior in a unified way. Critical Chain Project Management improves project performance by getting projects done both faster and with better reliability of the promised final project due date.

In this one-day Workshop, we cover the concepts of scheduling and controlling in traditional Project Management, problems in Projects, problems in estimation, human behavior aspects and the Critical Chain approach to a unified solution. There will be examples and exercises to better understand the concepts.


Workshop Objectives

After the workshop, the participants would be able to:

  • Understand traditional scheduling and controlling
  • Understand the fallacy of estimation process
  • Appreciate the effect of Human behavior on Project objectives
  • Understand Theory of Constraints as applied to Projects
  • Understand the Critical Chain approach

Workshop Delivery

This workshop is a mix of instructor led and self-paced learning, with examples and exercises to help participants learn, experiment and implement the concepts.

After the Workshop, the participants will have a better understanding of how the project management algorithms and human behavior on projects van be unified.

What to Bring to the Class

An open mind to challenge traditional thinking

Who should attend

This workshop is designed for

  • Project Managers
  • Project Leaders
  • Team Leaders
  • Those directly or indirectly involved in Projects

Workshop Deliverables

  • Course Book
  • Exercises and Handouts

Workshop Pre requisites

The participants should have Project Management experience.

Course Outline

Following is an overview of the Topics that will be covered in the Workshop.

Topic Features
A. Traditional Project Management

- What is a Project?
- Overview of Project Management
- Project Management Life cycle
- Schedulingq Tracking

B. Problems in Projects - Uncertainty
- Murphy’s Law
- Student’s Syndrome
- Parkinson’s Law
C. Estimation in Project Management - Types of Estimates
- Estimating Process
- Contingency
D. Fallacy of Estimation - Promising Delivery date
- Schedule Compliance
- Utilization of Contingency
E. Human Behavior - Finding Excuses
- Effect of Murphy’s Law, Student’s Syndrome, Parkinson’s Law
F. Theory of Constraints - Cost vs. Throughput
- Strength of a chain
- Inventory, Operational Expense, Throughput
G. Critical Chain Approach - Safety Margins in Tasks
- Aggressive Estimates
- Buffers
- Buffer Sizing
- Macro Management

Critical Chain Project Management Roadmap

Step 1
What to Change – Defining the Problem

Step 2
What to Change to - Agreeing on the Solution

Step 3
How to Change – Traversing the path from Problem to Solution

Attend Course, earn 7 PDUs.

Participants of this Workshop will be eligible to receive 7 Professional Development Units (PDUs) for keeping up the Project Management Professional (PMP) Certification awarded by the Project Management Institute (PMI), USA, as per the Continuing Certification Requirements.

 

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