Answer to Question #288184 in Management for candice

Question

Go to https://www.youtube.com/watch?v=BRMDCRPGYBE&t=25s for a brief overview of Critical Chain Project Management CCPM. What does the presenter suggest are the benefits and biggest challenges of implementing CCPM?

Answer 1

Benefits

• It is easy to track projects
• continuous improvements
• Enables earlier, less drastic, more focused responses to potential problems
• Significantly improve project delivery date reliability.
• Dramatically shorten overall project duration without adding resources.
• Provides highly effective “early warning” of threats to project delivery.

Challenges of implementing CCPM?

• Student syndrome- we don't necessarily start right away.
• Bad multitasking - each resource is typically working on several projects concurrently