Guessing is not a strategy: How to build decision velocity with AI and real-time data
June 10, 2026 | Live Webinar
| last edited by: David Hernandez on Nov 7, 2016 7:11 PM | login/register to edit this page | ||
DefinitionEliyahu Goldratt adapted this term in from his management philosophy "Theory of Constraints" in 1997 and is based not on tasks but on resources. Critical chain analysis estimates 50% activity duration and leaves the other 50% as buffer to complete the task. As you consume 33% from the buffer as is green you need to watch, when buffers is 66% is yellow, you need to plan, and more than 66% you need to act.
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| last edited by: David Hernandez on Nov 7, 2016 7:11 PM | login/register to edit this page | ||
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"Life is a great big canvas; throw all the paint you can at it." - Danny Kaye |