http://finance.groups.yahoo.com/group/CriticalChain/ Critical Chain Project Management, Program Management, TOC and Projects Wed, 10 Feb 2010 11:54:49 GMT bush3760 http://finance.groups.yahoo.com/group/CriticalChain/message/11177 http://finance.groups.yahoo.com/group/CriticalChain/message/11177 Traditional Benefit/Cost Analysis assumes money is not static and discounts its purchasing power relative to a discount factor comparator. Net yearly cash flow Wed, 10 Feb 2010 04:16:13 GMT Jack Vinson http://finance.groups.yahoo.com/group/CriticalChain/message/11176 http://finance.groups.yahoo.com/group/CriticalChain/message/11176 There was a nice HBR Ideacast interview with the author several weeks ago. It sounded interesting then, and Justin's recommendation bumps it up my list. Wed, 10 Feb 2010 01:52:15 GMT Justin Roff-Marsh http://finance.groups.yahoo.com/group/CriticalChain/message/11175 http://finance.groups.yahoo.com/group/CriticalChain/message/11175 Agree totally. Just as, in a simple DBR situation, constraint capacity is "maximum-sustainable capacity" not "maximum peak capacity". In fact, it's probably Wed, 10 Feb 2010 01:15:40 GMT lawrence_leach http://finance.groups.yahoo.com/group/CriticalChain/message/11174 http://finance.groups.yahoo.com/group/CriticalChain/message/11174 Hi, Ah, that is an intersting challenge indeed. One thing is for sure: it isn't about making better estimates. The variabiliy you address is inherent in the Wed, 10 Feb 2010 01:03:03 GMT lawrence_leach http://finance.groups.yahoo.com/group/CriticalChain/message/11173 http://finance.groups.yahoo.com/group/CriticalChain/message/11173 Hi, Justin A litte refinement might be in order. This may be in part why the Flour model shows such a non-linear effect. We need to define what "full pipeline" Tue, 09 Feb 2010 23:48:37 GMT Justin Roff-Marsh http://finance.groups.yahoo.com/group/CriticalChain/message/11172 http://finance.groups.yahoo.com/group/CriticalChain/message/11172 I'm about ¾ of the way through Checklist Manifesto. It's by the same surgeon who wrote Complications (also worth reading). He presents checklists (and the Tue, 09 Feb 2010 19:46:13 GMT lawrence_leach http://finance.groups.yahoo.com/group/CriticalChain/message/11171 http://finance.groups.yahoo.com/group/CriticalChain/message/11171 Hi, Justin That is the point. Larry Tue, 09 Feb 2010 19:43:29 GMT lawrence_leach http://finance.groups.yahoo.com/group/CriticalChain/message/11170 http://finance.groups.yahoo.com/group/CriticalChain/message/11170 Hi, David The first one always used to come up. I prevent it by discussing it before the solution. The second one never comes up, but is a valid point. Larry Tue, 09 Feb 2010 19:40:23 GMT lawrence_leach http://finance.groups.yahoo.com/group/CriticalChain/message/11169 http://finance.groups.yahoo.com/group/CriticalChain/message/11169 Hi, Brian The multiple on Direct Labor for most larger organizations is significantlyh over 2.5; often much higher. Larry Tue, 09 Feb 2010 16:50:29 GMT ccoury12 http://finance.groups.yahoo.com/group/CriticalChain/message/11168 http://finance.groups.yahoo.com/group/CriticalChain/message/11168 Larry and Justin: As we discussed with Deb Smith and Justin in the past, we're searching for how to manage the uncertainty of knowing today when we tender a Mon, 08 Feb 2010 19:47:30 GMT Tony Rizzo http://finance.groups.yahoo.com/group/CriticalChain/message/11167 http://finance.groups.yahoo.com/group/CriticalChain/message/11167 Hello Prasad, We are like brothers, almost. A corporation that serves multiple markets with a corresponding number of businesses needs one such system for each Mon, 08 Feb 2010 19:27:33 GMT Prasad Velaga http://finance.groups.yahoo.com/group/CriticalChain/message/11166 http://finance.groups.yahoo.com/group/CriticalChain/message/11166 Hi Tony, I agree with everything you have said here, particularly the view that workforce utilization is not the measure of productivity. I would like to add Mon, 08 Feb 2010 18:55:44 GMT Tony Rizzo http://finance.groups.yahoo.com/group/CriticalChain/message/11165 http://finance.groups.yahoo.com/group/CriticalChain/message/11165 Charley, Many thanks! It's surprising that Galbraith's undergraduate work was in chemical engineering. On the other hand, chemical engineers don't do much Mon, 08 Feb 2010 17:57:19 GMT ccoury12 http://finance.groups.yahoo.com/group/CriticalChain/message/11164 http://finance.groups.yahoo.com/group/CriticalChain/message/11164 Tony: Education background of Jay Galbraith and his wife, also a phd Jay Galbraith: bachelor's degree in Chemical Engineering at University of Cincinnati, Mon, 08 Feb 2010 11:42:39 GMT bush3760 http://finance.groups.yahoo.com/group/CriticalChain/message/11163 http://finance.groups.yahoo.com/group/CriticalChain/message/11163 All, I've placed a simple Benefit/Cost spreadsheet I've been working on in the Files section. The upper blue section of the spreadsheet is traditional