AACE International’s 53 rd Annual Meeting Seattle, Washington TCM: Improving Decision Making in a Green World Introduction To Critical Chain Project Management Hilbert Robinson, Afinitus Group, LLC Robert Richards Ph.D,, Stottler Henke Associates, Inc.
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AACE Internationals 53 rd Annual Meeting Seattle, Washington TCM: Improving Decision Making in a Green World Introduction To Critical Chain Project Management.
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AACE International’s 53rd Annual Meeting Seattle, Washington
TCM: Improving Decision Making in a Green World
Introduction To Critical Chain Project Management
Hilbert Robinson, Afinitus Group, LLC Robert Richards Ph.D,, Stottler Henke Associates, Inc.
AACE International’s 53rd Annual Meeting Seattle, Washington
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Are You A Responsible Person?
Scenario:• You live in New England and It’s late Winter• Time to airport varies from 45 minutes to 3 hours depending…• Most times it takes a little over 65 minutes• You are Joining the President at 9:00 AM
Question:
• How early should you leave? __________• Why?_____________________________
AACE International’s 53rd Annual Meeting Seattle, Washington
1. Planning1. Project Level vs. Task Level Protection2. Systems Perspective for Multiple Projects
1. Should load for multiple projects be considered?2. Why?3. How?
2. Execution Control1. Promote and encourage team culture2. Controlled work queues3. No multi-tasking work rules4. No batch processing work rules5. Task assignment prioritization6. Management by Exception
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AACE International’s 53rd Annual Meeting Seattle, Washington
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Critical Chain Planning Process
1. Traditional Plan
2. Safety Excluded
3. Resource Leveled
4. Critical Chain Marked
From Task to Project Protection
AACE International’s 53rd Annual Meeting Seattle, Washington
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Aggregation Principle
The Concept of Risk Pooling:Can someone explain why this works?
Health Care Example:
larger pool = lower cost
AACE International’s 53rd Annual Meeting Seattle, Washington
Aggregation Principle
Insurance is designed to work by spreading costs across a large number
of people. Premiums are based on the average costs for the people in
an insured group. This risk-spreading function helps make insurance