What is a Critical Chain? Project Management in Under 5

What is a Critical Chain? Project Management in Under 5

Assessment

Interactive Video

Business

12th Grade - University

Hard

Created by

Quizizz Content

FREE Resource

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.

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3 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

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

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

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

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

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

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