Critical Chain: A Business Novel

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Critical Chain, a gripping past-packed business novel, does for Project Management what Eli Goldratt's other novels have done for Production and Marketing. Dr. Goldratt's books have transformed the thinking and actions of management throughout the world. If you have read The Goal and Goal II you will want to read Critical Chain because you understand how Eli Goldratt's books can change how you think about business. If you have not read the Goal and Goal II, this book will introduce you to Dr. Goldratt's Thinking Processes, and you will understand why Fortune Magazine calls his - A Guru to Industry and Business Week describes him as a genius. The difference between Goldratt and the new age business authors, I guess comes down to one fundamental element. Goldratt is simply amazing and the others are amazingly simplistic, Assembly.

What will you learn from this book

Theory of Constraints (TOC): Introducing the concept of TOC and its application to project management, emphasizing the identification and management of bottlenecks in project workflows.
Critical Chain Methodology: Exploring the Critical Chain methodology, which focuses on prioritizing and managing tasks based on the critical path to ensure project completion within deadlines.
Buffer Management: Discussing the use of project buffers, including project, feeding, and resource buffers, to protect against uncertainties and variability in project execution.
Resource Utilization and Multi-Tasking: Addressing the issues related to resource utilization and multi-tasking that can impact project efficiency and completion times.
Parkinson's Law and Student Syndrome: Explaining how Parkinson's Law (work expands to fill the time available) and the Student Syndrome (starting tasks at the last possible moment) affect project timelines and how to mitigate their effects.
Project Culture and Mindset: Encouraging a shift in project management culture and mindset, advocating for focusing on collective project goals rather than individual task performance.
Project Planning and Execution: Providing strategies for effective project planning, execution, and monitoring to achieve faster project completion without compromising quality.
Team Collaboration and Communication: Emphasizing the importance of collaboration, open communication, and coordination among project teams to optimize project flow.
Continuous Improvement and Learning: Encouraging a culture of continuous improvement, learning from project experiences, and applying lessons learned to future projects.
Project Success Metrics: Rethinking traditional project success metrics, moving beyond on-time and on-budget completion to consider overall project performance and customer satisfaction.

Language	English
ISBN-10	81-85984-14-X
ISBN-13	9788185984148
No of pages	246
Font Size	Medium
Book Publisher	Productivity & Quality
Published Date	01 Aug 2008

About Author

Author : Eliyahu M Goldratt

7 Books

Eliyahu M. Goldratt was an educator, author, physicist, philosopher and business leader, but first and foremost, he was a thinker who provoked others to think. Often characterized as unconventional, stimulating, and “a slayer of sacred cows,” he urged his audience to examine and reassess their business practices with a fresh, new vision.

Dr. Goldratt is best known as the father of the Theory of Constraints (TOC), a process of ongoing improvement that identifies and leverages a system’s constraints in order to achieve the system’s goals. He introduced TOC’s underlying concepts in his business novel, The Goal: A Process of Ongoing Improvement, which has been recognized as one of the best-selling business books of all time. First published in 1984, The Goal has been updated three times and sold more than 7 million copies worldwide. It has been translated into 35 Heralded as a “guru to industry” by Fortune magazine and “a genius” by Business Week, Dr. Goldratt continued to advance the TOC body of knowledge throughout his life, building on the Five Focusing Steps (the process of ongoing improvement, known as POOGI) with TOC-derived tools such as Drum-Buﬀer-Rope, Critical Chain Project Management (CCPM) and the Thinking Processes. He authored ten other TOC-related books, including four business novels: It’s Not Luck (the sequel to The Goal), Critical Chain, Necessary but Not Sufficient and Isn’t It Obvious? His last book, The Choice, was co-authored by his daughter Efrat Ashlang-Goldratt.

Born in Israel on March 31, 1947, Dr. Goldratt earned a Bachelor of Science degree from Tel Aviv University and a Master of Science and Doctor of Philosophy from Bar-Ilan University. He is the founder of TOC for Education, a nonprofit organization dedicated to bringing TOC Thinking and TOC tools to teachers and their students, and Goldratt Consulting. In addition to his pioneering work in business management and education, Dr. Goldratt holds patents in a number of areas ranging from medical devices to drip irrigation to temperature sensors. He died on June 11, 2011, at the age of 64.

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