RESEARCH ON CRITICAL CHAIN MANAGEMENT AND RISK MANAGEMENT IN PROJECT IMPLEMENTATION MANAGEMENT

Zhenyu Yang, Jun Jiang

Abstract

According to Standish Group’s research, more than 30% of IT projects are unfinished, and about 73% are delayed or exceeded the budget in those completed projects. On average, the cost is 189% of the original planned and the length of completion cycle is 222% of the planned length. This indicates that there are shortcomings in the traditional project management mode. However, critical chain theory provides some improvement method. This paper focuses on the application of critical chain theory to enhance the ability to completing projects on schedule and effectively reduce cost.

References

  1. Eliyahu, Goldratt., 2006. Critical Chain. Beijing: Electronic Industry Press.
  2. Qunting, Liu., Zhibin, Jiang., Zhiying, Zhang., 2008, Project Manufacturing Planning Control Process Models and Critical Issues, Industrial Engineering and Management.
  3. Goldratt, E. M., 1997, Critical Chain. New York:North River Press,1997.
Download


Paper Citation


in Harvard Style

Yang Z. and Jiang J. (2011). RESEARCH ON CRITICAL CHAIN MANAGEMENT AND RISK MANAGEMENT IN PROJECT IMPLEMENTATION MANAGEMENT . In Proceedings of the 13th International Conference on Enterprise Information Systems - Volume 2: BIS, (ICEIS 2011) ISBN 978-989-8425-54-6, pages 351-356. DOI: 10.5220/0003610303510356


in Bibtex Style

@conference{bis11,
author={Zhenyu Yang and Jun Jiang},
title={RESEARCH ON CRITICAL CHAIN MANAGEMENT AND RISK MANAGEMENT IN PROJECT IMPLEMENTATION MANAGEMENT},
booktitle={Proceedings of the 13th International Conference on Enterprise Information Systems - Volume 2: BIS, (ICEIS 2011)},
year={2011},
pages={351-356},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0003610303510356},
isbn={978-989-8425-54-6},
}


in EndNote Style

TY - CONF
JO - Proceedings of the 13th International Conference on Enterprise Information Systems - Volume 2: BIS, (ICEIS 2011)
TI - RESEARCH ON CRITICAL CHAIN MANAGEMENT AND RISK MANAGEMENT IN PROJECT IMPLEMENTATION MANAGEMENT
SN - 978-989-8425-54-6
AU - Yang Z.
AU - Jiang J.
PY - 2011
SP - 351
EP - 356
DO - 10.5220/0003610303510356