Abstract:Purpose/Thesis: The paper aims to introduce practical applications of the Theory of Constraints (TOC), developed by the Israeli physicist Eliyahu M. Goldratt. Special attention is paid to the TOC-derived project management methodology called the Critical Chain Concept, seldom yet successfully applied in business practice. An attempt to have TOC implemented in the management of an infobrokering project is reported.
Approach/Methods: Two methods were applied: (1) a critical review of the literature on th… Show more
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