It provides two different strategies for schedule compression, crashing and fast-tracking, and discusses if one strategy is a better way to save money than the other. This solution is approximately 283 words and includes 1 reference.
Project crashing & fast tracking in project management. Retrieved from http://www.ianswer4u.com/2012/05/project-crashing-fast-tracking-in.html#axzz3uMUu2kXa Baqi, A. (2010). Cost and time crashing.
The first tool is fast tracking. In fast tracking, the critical path is examined to find sequential activities which can be done fully parallel or partially parallel to each other.
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.
When might a firm choose to crash a project? What factors must be considered in making this decision?
Project Crashing will be to execute the Project X in 8 weeks by reducing the duration between different project activities and by assigning additional resources.
If these indicators show any type of lag, fast tracking or crashing may be needed in order to get the schedule back on course. Also, if there is scope change within the project, the schedule may be affected.
The following are among the advantages of student tracking: 1. To help explain current behaviour. Tracking may explain why a student is behaving in a particular manner.
Other techniques include fast tracking and crashing. http://glossary.tenrox.com/Resource-Leveling.htm What are any four heuristics for prioritizing resource allocation to activities? Why would a project manager choose one above another?
At times, there is misalignment between the business and the project team. Other reason could be miscommunication which can include progress tracking and reporting which are important.
If the project is to be shortened by four days, the project manager should study fast-tracking or shift to advances technology to complete the project.