Unrealistic Schedules And The Toc With Project Management

1423 WordsFeb 10, 20166 Pages
Unrealistic schedules and the TOC with project management. Using the TOC in conjunction with the best practices of project management (TOC PM) is a methodical holistic systems approach to integrating stakeholders, products, and processes that must be completed to meet project objectives (Goldratt & Cox, 2004). The TOC PM was introduced in the late 1970’s and later adopted into project management as a methodology in 1997 (Goldratt & Cox, 2004; Leach, 2005). The TOC PM is viewed as a method that businesses use to improve processes by implementing a system-based methodology, which defines a way businesses can reach overarching goals (Leach, 2005). The TOC PM has been used as a solution for fixing problems that are inherent in…show more content…
While there is consensus in the literature that TOC PM does work; however, there appears to be different approaches on how TOC PM should be implemented (Goldratt, 2004; Leach, 2005; Seider, 2006; Souza & Pires, 2010; Doyle, 2010; Xin & Xiaopei, 2012; AlNasseri, & Aulin, 2015). These scholars argue that there are five steps of the TOC PM that must be completed and integrated into the project plan and schedules in order to observe any benefits (Doyle, 2010; AlNasseri, & Aulin, 2015). Some researchers argue that the five steps are important; however, additional considerations must be embedded in the five steps in order for TOC PM to be successful (Umble & Umble, 2000; Goldratt & Cox, 2004; Cheng et al., 2014). Umble and Umble (2000) and Goldratt and Cox (2004) argue that TOC PM is successful only when there is a robust system that is implemented that uses stakeholder input to combat unrealistic schedules and unnecessary schedule delays. Ponisciakova, Gogolova, and Ivankova, (2015) stated that in order for TOC PM to be successful it must have a robust system that allows reportable data to be reviewed by key stakeholders, the project manager, the project team, and global support. Some researchers (Umble & Umble, 2000; Xin & Xiaopei, 2012; AlNasseri, & Aulin, 2015) stated that in order for TOC PM to be successful it should concentrate on adding buffered time to the project schedule to allow for uncertain risk events and unexpected
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