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Issue title: Theory of Constraints – Practice and Research
Guest editors: Boaz Ronen
Article type: Research Article
Authors: Budd, Charlene Spoedea; * | Cooper, Marjorie J.b
Affiliations: [a] Baylor University, Box 98013, Waco, TX 76798, USA. Tel.: +1 254 710 4763; E-mail: Charlene_Spoede@baylor.edu | [b] Baylor University, Box 98007, Waco, TX 76798, USA. Tel.: +1 254 710 4951; E-mail: Marjorie_Cooper@baylor.edu
Correspondence: [*] Corresponding author.
Abstract: For many service companies – e.g., construction companies, advertising agencies, market research companies, software developers, and many others – each product is a complete project contracted with and completed for customers. To be competitive, these types of companies must deliver their projects on time and with a high degree of reliability to maintain customer satisfaction. For this reason, the successful managing of projects, including cycle time reduction and the full-scope delivery of the final product, are key competitive advantages and contribute to the notion of logistics service quality. This study contrasts the performance of two differing approaches to managing projects: the traditional Critical Path Method as it has customarily been implemented and the newer Critical Chain Method, including its behavioral components as well as its scheduling differentiators. The findings show that Critical Chain, properly implemented, offers a significant time-saving advantage over the Critical Path Method.
Keywords: Project management, logistics, cycle time, Critical Path Method, Critical Chain, Project Management, customer satisfaction
DOI: 10.3233/HSM-2005-24106
Journal: Human Systems Management, vol. 24, no. 1, pp. 67-81, 2005
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