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CRITICAL CHAIN METHOD – THE NEW APPROACH IN PLANNING CONSTUCTION PROJECTS

Critical Chain Scheduling developed through the application of the Theory of Constraints. It provides a new improved approach through Critical Chain Project Management unifying both the human side and the algorithmic methodology of project management. Pooling slacks into buffers reduces project times-to-complete and gives a “whole system” view. The Critical Chain Method is greatly applicable in monitoring project execution, with Project Buffer presented explicitly and transparently as the project manager’s operational instruments used to estimate the level of risk to which the project is exposed.

Critical Chain methods; buffers; new approach; planning construction projects; monitoring

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