ISSN 1842-3183

 
 
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Volume No. 1,  2006

 

 

 

 

 

 

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New edition 2009

 

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

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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/