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Theory of Constraints, Critical Chain Project Management, Lean : industry consulting & training - Marris Consulting
Constraint Management & IT - 14 How does Constraint Management deal with IT portfolios?
Can architecture be the constraint?
Linkedin offers many posts about information technology projects gone right or gone wrong. Less often discussed are strategic decisions that prioritize, authorize, launch, manage, and complete (or cancel) projects.
That's notable because IT projects are different from projects in other domains. For instance, manufacturing projects can be ranked according to their potential return on investment. So can revenue-producing IT projects. But IT portfolios generally include mandatory projects that produce no revenue, such as tax reporting. And IT portfolios may also include discretionary projects whose revenue-generating ability is unknowable, such as R&D. Thus, potential ROI cannot be the only project selection criterion when IT fills a critical business support role.
While IT projects are often constrained by skills or schedule, IT portfolio decisions are often constrained by investment funds. A finite budget must be allocated in light of unconstrained demand for IT. "Exceeding the Goal" wrestles with this and other technical strategy issues.
More applications of constraint management for IT are covered in "Exceeding the Goal." https://books.industrialpress.com/9780831136567/exceeding-the-goal/
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Marris Consulting, expert in Theory of Constraints & Critical Chain Project Management
Marris Consulting is an expert in the Theory of Constraints (ToC) and Critical Chain Project Management (CCPM). As industry consultants, we are focused on helping process and manufacturing industries reach their highest levels of performance by using Constraints Management combined with Lean and Six Sigma. We also use Critical Chain Project Management which we sometimes combine with Lean engineering to improve project performance. If you are unsure about the actions which need to be implemented to improve operational efficiency, our industrial management consultants can also conduct a performance audit. Furthermore, our experts host numerous Theory of Constraints (ToC), lean and project management training sessions throughout the year.
About Marris Consulting
Marris Consulting is an industry consulting and training company specialized in the Theory of Constraints (ToC) and Critical Chain Project Management. We focus on improving the performance of manufacturing and process industries by using Constraints Management combined with Lean and Six Sigma. To boost project performance, we also use Critical Chain Project Management (CCPM), which we sometimes combine with Lean Engineering. Our 2-day performance audits, our performance consulting services and our project management, Lean, ToC & CCPM training by our industry consultants offer a wide range of solutions to help our clients around the world reach the highest possible levels of performance.