This paper provides a substantially better way to prioritize the tasks within a multi-project environment than the one currently advocated by Critical Chain Project Management and used by its practitioners. This new method differs from the currently accepted method on two grounds. Firstly, it results in significantly high probability of achieving a faster project completion, and secondly, it makes the task priority signals far more objective and easy to derive. The author uses a computer simulation to check 970987 possible cases of a resource conflict occurring within a project and compares the resulting lead-time from the generally accepted task prioritization method of CCPM and the proposed new rule of task prioritization within a project.
Fleetguard Filters, Client of Vector Consulting Group Wins 2016 TOCICO International Achievement Award
Vector Consulting Group, India’s largest management consulting firm in the space of Theory of Constraints, is proud to announce that their client, Fleetguard Filters, is the winner of 2016 TOCICO International Achievement Award, Platinum Level.read more
The Economic Times
Retailers Dilemma: To grow rapidly or to grow cautiously?
It is relatively easier for retail chains to show rapid sales growth by opening new stores, however if there is no profit then continuing on this path of growth jeopardizes the very existence of the company.read more
Sourcing Electrical and Lighting: Bajaj is redesigning its distribution supply chain so that channel partners invest less and earn more, faster.
Bajaj Electricals LTD (BEL), the legacy brand in electricals and lighting, has decided to rework its distribution supply chain in order to improve response time, cut costs, and boost profitability.read more