Critical Chain : A Business Novel
by Eliyahu M. Goldratt
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Book Summary Information
Author: Eliyahu M. GoldrattEdition: Paperback
Published: 1997-04
ISBN: 0884271536
Number of pages: 246
Publisher: North River Press
Book Reviews of Critical Chain : A Business Novel
Book Review: Goldratt Weaves Another Great Story!
Summary: 5 Stars
Stories are one of the best ways to teach and Eliyahu Goldratt is a master story teller! In Critical Chain Goldratt weaves a tale to teach concepts to project managers on how to drive down schedule time, and reduce product cost using Theory of Constraints (TOC). It is an extension of the concepts taught in the Goal, but this time for project management rather than process management.
The problem management (at a factitious company) face in this book is their products have a short life span (6 months), but a long development time (2 years). Consequently they have to continually develop new products. To compound their problems, if they miss picking a good product, or launch an inferior product they could loose significant market share. Company loyalty just isn't what it used to be.
Fortunately, management realizes it is not a matter of "if" but "when" they will stumble. They assign a tiger team of young blood to drive down development time. This team has no idea where to start, and this book is the story of their journey of discovery.
The reader is taken on the journey with the team and learns about resources, bottlenecks, buffers, critical paths, constraints and more. By learning how to apply The Theory of Constraints the team (and the reader) is able to discover ways of reducing product development time significantly.
Overall, this is another excellent book by Eliyahu Goldratt. I learned a great deal from the Goal and Critical Chain. Goldratt is on a mission to change project management (and process management) from an art to a science. He does a great job at providing the tools and techniques for anyone willing to learn and apply these powerful concepts!
The Re-Discovery of Common Sense: A Guide to: The Lost Art of Critical Thinking
The Goal: A Process of Ongoing Improvement
Summary of Critical Chain : A Business Novel
Powerful yet simple techniques to solve project management's toughest problems. This book teaches companies to drastically cut project development times resulting in early completion within budget and without compromising quality or specifications.General Books
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