Critical Chain Project Management (CCPM)

bullet1 Exploit
bullet2 Task Duration

bullet3 Needs to be done   Project Buffer

The project buffer, located at the end of the critical chain, establishes the target due date for the project. It also serves as a tool for project performance measurement and control. The project buffer is the sum of two components; the variational component and the bias component.


» See also: Cost Buffer

bullet4 Variation (SSQ)

Size the variation component of the Project Buffer using a method to estimate common-cause variation. You may use PERT, Monte-Carlo, the square root of the sum of the squares (SSQ) method, or use Goldratt's rule of thumb: 50% of the duration of the critical chain tasks (not including gaps). If you use the last method, you do not need to add the bias correction.

bullet4 Bias (> 25%)

Include a bias correction when necessary. Use the bias correction to assure that the total Project Buffer is at lest 25% of the critical chain task length. Additional causes of bias include more than six merging paths, recursive tasks, work omission (oversight), rework (errors), queuing delay of resources applied to multiple projects, and incomplete behavior change to roadrunner behavior (e.g. date-driven or student syndrome).

bullet4 Action Thresholds

Establish action thresholds to plan and activate plans to recover project duration based on Project Buffer and Feeding Buffer penetration. The simple rule is action thresholds at 1/3 and 2/3 of buffer penetration. You may wish to use a dynamic threshold for the Project Buffer; i.e. thresholds that increase along the project duration.