Project Management Fundamentals: TOC, Critical Chain, and Cost Estimation Methods
Project Management Methodologies and Control Systems
Theory of Constraints (TOC) Stages
The five focusing steps of the Theory of Constraints are:
- Identify the system constraint.
- Exploit the system constraint.
- Subordinate everything else to the constraint.
- Elevate the constraint.
- Go back and find new constraints.
Case-Related Constraints Examples
- Market demand in the EU.
- Financial impact on the company.
- Project Management (PM) functioning.
- Stakeholder influences.
Project Completion Checklist
Key steps in describing the completion of a project:
- Finish of all activities.
- Incentives for team members.
- Finished documentation.
- Closing down project systems.
- Review activities and document lessons learned.
- Appraisal and relocation of staff.
- Ensure satisfaction of stakeholders.