Abstract
Dynamic development of scheduling systems allows significantly improving currently realized tasks. Critical Chain Project Management (CCPM) is one of the methods of project management basing on network planning. In this method is utilized the concept of a critical chain derived from the Theory of Constraints. This method allows avoiding losses considered project time and resources. It results in quicker project implementation (20-30%), and in reducing the risk level considered with tasks realization. The projects are cheaper, and the risk of cost overruns is significantly reduced. Factors that distinguish CCPM method from traditional network planning methods are: the balance of resources and the introduction of buffers. Moreover in the CCPM method key elements are: times of tasks that are reduced from traditional estimates to realistic ones. Activities associated with the task start as late as possible in accordance with the ALAP principle (As Late As Possible). This work presents the process of managing the assembly of a shearer machine taking into account the process of safety buffers utilization and the whole project optimization. It is presented the estimation of buffers capacity to obtain the improvement of project realization task.
Highlights
Critical Chain Project Management (CCPM) method is one of the network methods for planning, executing and managing projects in single and multi-project environments
The buffer sizes and durations of tasks were estimated on the basis of statistical analysis
Statistical analysis concerning forecasting the parameters for describing the distribution of time availability and unavailability of these resources for the planning period showed that it is possible to reduce the total time of analyzed task by 75 days
Summary
Critical Chain Project Management (CCPM) method is one of the network methods for planning, executing and managing projects in single and multi-project environments. Each project should be scheduled to achieve its objectives, taking into consideration these limitations For this reason, it is important to appropriate manage the project already in its first phase, that means in the planning phase. In many cases, the used project management system leads to the fact that the projects are not realized on time, with the ever increasing costs [1, 2]. This is why new approaches to project management are under consideration. Time of a given task realization should be appropriately chosen taking into account the factor of uncertainty in the given project management. It is possible to specify the spare time (safety buffers) [3 - 5]
Sign-in/Register to view highlights & summary Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
