Fast Tracking a Project and Project Crashing.ppt
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Fast tracking involves performing project activities or phases in parallel rather than sequentially to compress the schedule, but it risks missing details and team member burnout without thorough analysis. Crashing uses additional resources like overtime, hiring, or outsourcing to shorten schedule duration at the least incremental cost at a critical path. The key difference is that fast tracking overlaps tasks while crashing adds resources. Both aim to accelerate project completion when the deadline is near or the start was delayed.
Fast Tracking a Project and Project Crashing.ppt
- 1. Project Planning and Development (MPA 209) Fast Tracking a Project and Project Crashing Josefina B. Bitonio, DPA Professor
- 3. FAST TRACKING Fast-tracking is a schedule compression technique in which activities or phases normally performed in a sequence are done in parallel for at least a portion of their duration.
- 4. Fastracking
- 5. 1. Details may be missed 2. Burnout among team members What are the Risks of Fastracking The main disadvantage of project fast tracking is the potential for risks that may occur due to task overlapping and dependencies. To be effective, fast tracking requires a high level of analysis when reorganizing activity sequences.
- 6. Project Crashing As a compression technique, crashing concentrates on the project schedule in an effort to accelerate the project's completion date. Plausible examples of crashing include the following: •Over-time •Allocating additional resources to specific activities •Hiring additional resources •Incentive payments for early completion •Subsequently outsourcing portions of the project to be completed within a shorter time period than would have been possible if the same work was to be completed by internal resources. https://www.pmi.org/learning/library/performing-crash-analysis-alternative-cost-schedule- 6750#:~:text=Crash%20analysis%20would%20be%20used,a%20cost%20of%20%241.9%20million.
- 7. CRASHING Crashing is a technique used to shorten the schedule duration for the least incremental cost by adding resources.
- 8. CRASHING
- 10. 1. Project deadline is approaching and there is still a lot of work to be done 2. There is a delay in starting the project Why Do We Apply Schedule Compression on Critical Path Activities?
- 11. In summary, the differences between fast tracking and crashing are: Fast tracking involves the performance of activities in parallel, whereas crashing involves the addition of resources to a project.
- 12. Sources Eternity Trainings: Agile & Waterfall Projects https://www.youtube.com/watch?v=72T8 DqBDCMc https://www.pmi.org/learning/library/performing-crash-analysis-alternative-cost- schedule- 6750#:~:text=Crash%20analysis%20would%20be%20used,a%20cost%20of%2 0%241.9%20million.
- 14. Thank you!