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Critical Chain-based project management has received considerable attention in the Project Management community. Most of this attention has been focused on the areas of schedule development and comparison with existing scheduling tools and techniques. However, any scheduling methodology has no purpose it self, but rather to improve speed and reliability of project performance through effective planning and scheduling. One of the most important issues is how effective risk management approach can be implemented while dealing with particular tool or method. This paper analyses in details how risk management approach can be implement in CCM. Particular focus of the paper is on Buffer management concept and potential benefits coming from it while dealing with construction project risks.
critical chain; buffer management; risk management
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