Our Story
Realization was founded to help organizations complete their projects faster.
Projects are the lifeblood of growth and development, and the industry spends more than $0.4 Trillion on project management every year. It is therefore unfortunate that most projects are late, and over budget.
Just like the major operational breakthroughs in other domains, the solution for projects also lies in effective scheduling of day-to-day tasks and activities. While manufacturing and supply chains have benefited tremendously from regular innovations in scheduling in the last 100 years (Ford's assembly line, Toyota's kanban system, Walmart's frequent replenishment system, and Goldratt's constraint-based scheduling), projects are still stuck with the 100-year old Gantt scheduling technique.
Our story began when Dr. Eli Goldratt published Critical Chain in 1998, describing in detail the inefficiencies caused by 'fixed' schedules when the reality is continuously changing. His technique of intelligently placing time-buffers in project plans was the breakthrough we needed for creating 'flexible' day-to-day schedules and achieving real-time synchronization in projects.
Since then we have developed a complete system to manage projects with 'flexible' schedules. 200+ organizations have implemented it to complete their projects 20-50% faster, and realize more than $0.5 Billion in additional cash and profits. Our customers have won prestigious awards like the Franz Edelman award (also known as the Nobel prize of operations research), Shingo Gold and the Air Force Chief of Staff Excellence award.
If doing projects 20-50% faster is vital for your organization, get started by calling us at 408-271-5100 or send us an email at fasterprojects@realization.com.
