TCM Projects Use Integrated Cost, Schedule and Team Empowerment

摘要

In today's very competitive environment, most owner companies have invested a considerable amount of time and money in tools and techniques designed to improve project performance. In general, projects are the vehicle by which we turn business opportunities into valued successful business assets [1]. As such, a project can be defined as a temporary endeavor undertaken to create a unique product or service. It has a definite beginning and a definite end, and it is unique in the sense that product being delivered is different in some way from the normal product that the organization delivers [11]. Management can be defined as the process of planning, organizing, leading, and giving control or direction to an organization, its operations, and projects, working with and through others. A system is a collection of elements that work together; therefore, we can define a management system as a collection of elements or activities working together to give direction and feedback to an organization. In other words, a management system is an approach whereby a series of components or steps are put together to solve a problem or make an improvement in internal efficiency and external effectiveness. This article was first published under a different title as TCM.03 in the 2009 AACE International Transactions.