Abstract
Recently in Japan, more and more interest has been drawn to project management. While almost all business sectors are straggling to break the impasse, project management is regarded as one of the tools for solution. At the same time, the management (senior managers and middle managers alike) demands for the proposals to the methods, which are “easy to implement, quick to yield the benefits and still persuasive”, somewhat nontraditionally among themselves. It might be the indication of the Japanese industry as whole and individual companies standing at the corner. In actual fact there is no such miracle as above. The “theory of constraints (TOC)”, however, seems to be a good solution to such a demand. Dr. Eliyahu M. Goldratt developed TOC based on the principle of physics, which employs a variety of application tools like SCM, BPR, Project Management, etc., based on the thinking process. This paper discusses the basics and the effects of project management methodology using the TOC, in comparison with the conventional method like CPM.
