Discuss the trade offs between cost of a project
An important piece of critical chain thinking is to measure what is important–developing the right metrics to measure to true health of a company. Give me an example of a metric a business, preferably one you work(ed) for, uses to measure its business processes that may be misleading by making it look like the company is performing well when financially the company is not achieving what it should to create long-term sustainability.?
How does Parkinson’s Law “work expands so as to fill the time available for its completion” relate to the concepts of critical path and critical chain?
Discuss the tradeoffs between cost of a project and shorter lead times. Do you recognize any potential issues with the negotiations with the coatings subcontractor? How could you make those negotiations even more effective?
