What is aggregated buffer and how can the appropriate amount be determined?
What will be an ideal response?
Aggregated, or project, buffer is a consequence of the critical chain approach to project scheduling. Critical chain project management cuts activity length estimates in half and creates an overall aggregate buffer for the project manager to apply to the entire project as needed. Determination of the project buffer can be accomplished two different ways — the quick-and-dirty Goldratt technique that calls for retention of 50% of the total project buffer or a mathematically derived method suggested by Newbold, given by the equation:
Buffer = ? =
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Indicate whether the statement is true or false