In this paper we have investigated an LRS Bianchi I anisotropic cosmological model of the universe by taking time varying $G$ and $\Lambda$ in the presence of bulk viscous fluid source described by full causal non-equilibrium thermodynamics. We obtain a cosmological constant as a decreasing function of time and for $m, n > 0$, the value of cosmological ``constant'' for this model is found to be small and positive which is supported by the results from recent supernovae observations.
