Week 4 Assignment
Name: Amolak Singh ID: 300836228
Critical chain: Critical chain method of planning and managing different projects that used the resources such as equipment, people etc to execute the project tasks. This method is developed by Eliyahu M. Goldratt. This method is very different from other methods such as critical path and PERT. This allows rigid scheduling and task order to the projects. Critical chain helps to leveled the resources and keep the projects flexible in executing. This method is based on algorithms which are derived from the theory of constraints. According to previous studies traditional methods used in projects result in 44% finish on time. Most of projects delays, over-under budget, resources imbalanced in long term projects and etc. Critical chain is used to improve the performance of the projects relative to the traditional data.
Buffer management: the buffer management focuses on latest schedules where the project activities use the accurate time estimate and try to complete the each activity in a given deadline. To keep the project meets the deadline buffer management used the various buffers to meet the deadline.
Project buffer: In this buffer, project buffer is added to the project network in between the last activity and the deadline of the project to meet the finish deadline of the project. Delays in the critical chain consume by this buffer without affecting the project.
Feeding buffer: In the project, any path of different activities combing into critical chain is known as feeding chain.
Resource buffer: In the project when project and feeding buffer is used to meet the deadline and adding suitable resource. Resource buffer behave as alert signals to ensure the available time of project resources.

Deming workbench: Deming workbench reveals the customer input to a deliverable. this is used to breaks a process into