Critical Chain Paperback – Dec 10 2002
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"Anyone who doesn't snap up a copy is missing a wonderful opportunity for professional and personal development." -- Assembly
"Critical Chain will revolutionize project management." -- World Aero-Engine Review
"Critical Chain's powerful yet simple techniques...solve project management's toughest problems." -- James R. Holt, Professor of Engineering Management, Washington State University
"Eli Goldratt's first novel, The Goal, shook up the factory floor...Goldratt essentially adds a discipline for understanding what drives project performance and therefore what the focus of a project manager's attention should be." -- Harvard Business Review
"This book (Critical Chain) is valuable to two main audiences: project managers and senior managers... useful for dealing with one of the most difficult and pressing management challenges: developing highly innovative new products." -- Harvard Business Review
About the Author
One of the world's most sought after business leaders - author and educator, Dr. Eli Goldratt. Eli Goldratt has been described by Fortune Magazine as a "guru to industry" and by Business Week as a "genius". His charismatic, stimulating, yet sometimes unconventional style has captured the attention of audiences throughout the world. Eli is a true thinker who provokes others to think.
Eli Goldratt is the creator of the Theory of Constraints (TOC) and is the author of 8 books, including the business best sellers The Goal, It's Not Luck, and Critical Chain. Goldratt's Theory of Constraints is used by thousands of companies, and is taught in hundreds of colleges, universities, and business schools. His books have sold over 3 million copies and have been translated into 23 languages. Goldratt's fascinating work as an author, educator and business pioneer has resulted in the promulgation of TOC into many facets of society and has transformed management thinking throughout the world.
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Top Customer Reviews
Great for anyone with the most remote interest in MBA, including people who want to learn project management but will never be accepted in an MBA. Also challenging for any MBA holder. Did you learn the right stuff?
The last 2 pages bring in the economic aspect of efficient project management in a very disturbing way. It also lags behind everything else thought in the book and TOC in general. This needs to be developed extensively. What is money... from a TOC point of view? I suggest money is the ultimate constraint on everything in life. But the value of money is also variable in time and location (space). Apply TOC, i.e, the lessons learned in this book and you will finally be able to understand the value of money and the economy. A good exercise is to find who has more or less followed TOC in there work on the economy. If you do what I did, you will discard most of the current most famous economists.
It is true that Goldratt's ideas could be stated in twenty pages or so, but he is very wise and intentional in not giving away the answers. None of my professors at Berkeley would give out answers when it is better for students to learn things on their own.
At least one of the Goldratt books is tremendously helpful reading before starting the graduate programs in transportation engineering. It presents in a very intuitive way what Carlos Daganzo, Gordon Newell, Adolf May, and other big names in traffic flow theory have explained so explicitly in precise mathematical form. The five step focusing process is very useful in the evaluation of cyclic servers and bottlenecks, the statistical process control techniques are necessary to keep projects, plants, and transit operations on schedule, and the evaporating clouds are tremendously helpful in solving planning problems of conflicts between the environment and improving transportation system performancs, etc.
Goldratt's work is so much more valuable than optimization techniques alone could ever be. Goldratt helps spot what is and is not a valid optimization problem. It ingrains the basic results of optimization in the reader's mind, so it can be applied quickly and intuitively. All the benefits of the simplex algorithm with none of the mathematical formulations.
And yes, a lot of business school curricula are full of it.
University of California, Berkeley
I find very innovative the concept of Buffer Management. Here we are taking the slack time from all the project activities and place that time at the end of the project in an activity called "project buffer". Other great concept is do not Multitask, which in my oppinion is one of the principal project of why projects do not finnish on time.
A weakness in this book is: there is not an application of Critical Chain in a multi-project environment.
In summary, I've found in this book several interesting concept to improve project performance. Now, there are much better bookS than critical chain, in example Critical Chain Project Management by Leach and Project Management in the Fast Line by Newbold.
Most recent customer reviews
This is very good business novel, yet also is a practical project management textbook. I really enjoyed reading it. Read morePublished 3 months ago by Amazon Customer
What a wonderful book it is. Worth reading three times.Published 19 months ago by Dr Kanayalal Raina
Like "The Goal," by the same author this book is excellent. If you don't think that you can learn about business from a novel, then you are wrong. Read morePublished on Feb. 3 2008
As with the Goal, the concepts that Goldratt uses to proselytize are a subtle mix of concepts that are on the border of being completely natural to the reader. Read morePublished on Feb. 11 2004 by M. Tillman
I got this book for my "excellent work". Initially I thought it was going to be boring, but it turned out it is reasonably well written and interesting. Read morePublished on July 21 2003 by Maarten Hofman
The "business novel" writing style is a good way to learn new concepts and enjoy a good story at the same time. Read morePublished on May 29 2003 by bsrstone
This book is as painful to read as The Goal is delightful. As the old saying goes, "If you've got a good thing, you might as well beat it into the ground. Read morePublished on Feb. 25 2003 by Geoff P. Willis
This book was absolutely phenomenal. The storybook style of Goldratt made this a superbly easy read, much UNLIKE typical tech manuals. Read morePublished on Feb. 23 2003 by Jackie Weaver
Surpisingly, few of the reviews here touch on the quality of the writing in Critical Chain. In The Goal, Goldratt had the help of Jeff Cox to write a book that was not only... Read morePublished on Feb. 17 2003 by NauticallyObsessed