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Project Management- Ramifications of compressing a schedule

Why might a project schedule need to be compressed? What are some of the ramifications of compressing a schedule?

Describe a situation in a organization where consensus building was used. How successful was it?

Provide an example of where you think consensus building could be used.

Describe a situation where you could see using the Incremental Project Management Life Cycle.

what would be some of the ramifications if the PM did not monitor and control the project?

Solution Preview

Schedule compression is done during project planning to see if the desired completion date can be met and what will have to change to make that date. Ramifications of compressing a schedule are usually reflected on time, cost, scope and/or risk of the project. There are two techniques for schedule compression; Fast Tracking and Crashing. Fast Tracking often results in rework, usually increases risk and requires more attention to communication, while Crashing, almost always results in increased cost.

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Solution Summary

This solution answers the following questions: Why might a project schedule need to be compressed? What are some of the ramifications of compressing a schedule?

Describe a situation in a organization where consensus building was used. How successful was it?

Provide an example of where you think consensus building could be used.

Describe a situation where you could see using the Incremental Project Management Life Cycle.

what would be some of the ramifications if the PM did not monitor and control the project?

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