A Critical Chain (also known as Theory of Constrains -TOC) methodology is essential for managing a large number of projects simultaneously. Critical Chain methodology can help you intelligently distribute your resources, budget and schedule defined for each project.
Portfolio projects management require shared resources and synchronization, creating dependencies between the different projects schedules. As a result, any disruption to the schedule of one project inevitably creates disruptions on other projects. This may lead to a destructive loop of disruptions of all projects up to a loss of control in managing schedules and resources of the portfolio.
Technology Sciforma has the ability to schedule projects by managing Buffers structured system, and taking a complex task and resource into account, while protecting the project finish date.
The advantages of the critical chain methodology are:
Closing projects according to or sooner than schedule.
Does not allow multi-tasking. Each task must be completed before moving on to the next task.
Lengths of tasks set based on safety margins are removed.
Synchronization of multi-project to multi-project resource planning.
Buffer management for protecting the critical chain and project’s completion date.
With Sciforma 5.0, you can:
Create a reverse system from the constrained completion to the project’s start date.
Feed estimated time duration and safety margin duration for each task.
Remove resources which may affect the project planning.
Identify the critical chain in respect of tasks and resource dependencies.
Calculate buffers for the project to protect the critical chain and project’s forced completion.
Plan and Execute Multi-project management allowing resource synchronization such that meets those projects capabilities.
Manage Buffer and critical chain by means of Gantt presentation and control reports