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ISSN 1842-3183 |
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Proceedings of the 15th International Conference on Manufacturing Systems ICMaS Published by Editura Academiei Romāne, ISSN 1842-3183 Volume No. 1, 2006 "Politehnica" University of Bucharest, Machine and Manufacturing Systems Department Bucharest, Romania, 26 27 October, 2006
pp. 503-506
SYSTEMIC APPROACH TO PROJECT AND PORTOFOLIO MANAGEMENT
Livia Dana BEJU, Paul Dan BRĪNDAŞU, Mircea BĂDESCU
Abstract: The paper presents the systemic model of an organization analyzed from the perspective of the theory of constraint, a theory that aims to improve efficiency to a maximum. One of the major approaches is the use of the project management methodology. The scheduling processes are presented using both the Critical Path methodology and the Critical Chain methodology. The main characteristics, as well as the advantages and the disadvantages of each methodology, are presented in a structured way. The portfolio management is presented in a similar way. Finally, the specific situations in which every methodology is useful are underlined.
Key words: project management, portfolio management, theory of constraint.
Authors: Prof. Ph.D. eng. Livia Dana BEJU, "Lucian Blaga" University of Sibiu, Manufacturing Science Department, E-mail: livia.beju@ulbsibiu.ro Prof. dr. ing. Dan Paul BRĪNDAŞU, "Lucian Blaga" University of Sibiu, Chief of Manufacturing Science Department, E-mail: dan.brindasu@ulbsibiu.ro Electronic mail: orgcom@icmas.eu / General Information: http://www.edition2009.icmas.eu/
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