According to the Critical Chain Project Management method, fifty percent of the built-in safety margins in project planning can go. It is a waste of time. So by taking this out, we can carry out projects in three-quarters of the time. That is a time saving of 25 percent. To achieve this, the method uses Buffer Management technology.
The Standish Group conducts annual research into the performance of projects. It appears that there are different time wasters in project planning, so that the majority of projects are not delivered within the scheduled time. Employees incorporate a substantial safety margin during project planning to ensure that they can complete the activity on time. However, research shows that they are wasting the built-in safety margin. In this blog we look at the causes of this waste. We will try to