Answer to Question #180899 in Management for Thembi

Question

Critically discuss how a modern ‘theory’ on constraint management can help solve the management of slack time on sensitive resource-limited projects

Answer 1

Answer

The theory of modern constraints is a belief that every system has discretion and hampers the system performance. In addition, it is associated with the process of finding a weak link in a chain that is similar to finding a constraint in a system. It gives more attention to finding all weak links in the chain and developing a solid chain. Therefore, using this theory helps an organization review its project, addresses issues in the project, and tests the project's performance. For organizations with a slow project, hiring engineers to review the slow projects' progress based on this theory's concept would the organization manage the constraint.