What is a Critical Chain? Project Management in Under 5

The video tutorial introduces the concept of the critical chain, first proposed by Eliahu Goldratt, and its application in project management. It explains the use of different types of buffers—project, feeder, and resource buffers—to manage constraints and ensure timely project delivery. The tutorial also provides a practical approach to task estimation and scheduling, emphasizing the importance of contingency planning and the critical chain method for effective project management.

How does Parkinson's Law relate to the scheduling of tasks?

What is the significance of creating a block of contingency in the critical chain approach?

What is the overall benefit of applying the critical chain method to project management?