About this Presentation
Buffer management is a vital component in TOC critical chain project management (CCPM). The fever chart is one of the most common tools in managing buffer consumption. One important aspect of the fever chart is that the yellow and red zones are set based on experience and process knowledge. However, there is difficulties in identifying if a task entered the red zone has really significantly consumed more buffers versus other tasks. In this workshop, statistical process control (SPC) of buffers is briefly discussed. Shewhart charts of burn rate and project buffer consumption rate (PBCR) are presented. The relationship between the fever chart, burn rate and PBCR is discussed. Finally, this workshop demonstrate basic principles of the CUSUM chart and also how to construct a CUSUM chart in monitoring buffer consumption to identify a small drift in mean buffer consumption.
What Will You Learn
To help you get the most value from this session, we’ve highlighted a few key points. These takeaways capture the main ideas and practical insights from the presentation, making it easier for you to review, reflect, and apply what you’ve learned.
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