Dorota KUCHTA* THE CRITICAL CHAIN METHOD IN PROJECT MANAGEMENT

The critical chain method is a recent alternative to the traditional critical path method, an alternative which is becoming more and more popular, but still lacks a formal description. It exists more or less on the level of ideas and seems to have quite a lot of gaps and non-researched areas. This paper constitutes an attempt to create a formal description of the method, trying and the same time to fill in some of the gaps and to indicate a further need for OR research. Key words: project management and scheduling, risk management, critical path, critical chaim 1