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Independent research shows that conventional (and we mean the main stream methods) do not consistently deliver projects on time, to budget or scope. On average 4 out of 5 projects fail on any one of these criteria.  Standish and other research firms find that this is true across all projects and cultures


The Standish Group PDI Survey
75% of completed projects are late 91% finished late
Average cost overruns are 189% 51% come in over budget
Average time overruns are 222% 63% overload resources
30% cancelled before they finish 33% didn't meet expectations
39% of projects with budgets over US$10m failed 
  

Why is it that after nearly 50 years of focussed attention toward improving project outcomes we are still getting these undesirable effects?
 
What is claimed is that projects fail because they do not rigorously follow the PMI project management body of knowledge. But many projects do and still fail?
 
The problem is not that people are poorly trained, or projects have insurmountable technical issues or difficult clients. Projects fail because current project management methods fail to correctly handle either the uncertainties that cause disruptions, the complexity inherent in most projects and the pressure to work on many projects at the same time.

 

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NEWS

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About the Theory of Constraints Since the mid 1980’s thousands of companies around the world including some in Australia and New Zealand have been achieving rapid and sustainable growth ev...
When we started out our clients were in the main small to medium manufacturing and project based businesses. We  are branching out into other specialised areas as our own consultin...
ISCEA - the world Leader in Supply Chain Education, Certification and Recognition for professionals and industry experts announces program for Critical Chain Project Management and is partne...
What is Throughput Accounting?The Theory of Constraints Throughput Accounting primarily focuses on increasing Throughput rather than cutting costs to increase profits.There are only three wa...
Our Guarantee:We guarantee to support you all the way until all agreed outcomes are fully achieved OUR PROMISE:Do what it takes to deliver the above.YOUR PROMISE:Do what it takes to remov...
When you work with us at TOC3 we help you rapidly transform your systems from CHAOS to CALM. Our clients regularly experience the following effects:-Speed - Results are S...
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We got enough space now to play cricket”, \"Rework has virtually been eliminated\" Gigangit, Production Manager, Best Bar Reinforcements, Melbourne...
Write to info@toc3.com.au orCall: 1300 919 761 or 0418 207 362We will be delighted to answer your questions.Andrew KayDirectorTOC3PO Box 551Glebe, NSW, 2037Australia...

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