Schedule Compression
Schedule Compression involves techniques used to shorten the project schedule without changing project scope. The two most common techniques are Crashing (adding resources to activities to finish them faster) and Fast Tracking (performing activities in parallel that were initially planned in sequence). Managers use Schedule Compression when the project timeline has increased, but the deadline cannot change. These techniques require risk analysis as they could lead to rework or increased cost.
Guide to Understanding Schedule Compression
Schedule Compression is a technique in project scheduling where the project schedule is shortened while keeping the project scope constant.
Why it is Important:
It is used when a project is running behind schedule or when there is an opportunity to complete the project early. It involves trade-offs between schedule, cost and risk, thus, having important implications for project management.
What is Schedule Compression:
It is a vital task-sequencing related concept that is concerned with shortening the project schedule without altering project scope. Two common techniques used in schedule compression are crashing (adding resources to critical path tasks) and fast tracking (perform tasks in parallel that were planned in sequence).
How it Works:
Schedule compression works by identifying ways to overlap or eliminate tasks, or by adding team members or hours to a project.
How to Answer Questions on Schedule Compression in an Exam:
When answering questions on Schedule Compression, it’s important to underline that it doesn't involve reducing project scope. Understand the concepts of fast tracking and crashing as methods of schedule compression. Be equipped to calculate costs related to both schedule compression techniques if necessary.
Exam Tips:
Key points to remember include understanding the trade-offs between time, cost and scope involved in schedule compression, remembering that fast-tracking increases risk and that crashing can lead to increased cost. Always provide clear instances of when to use either method.
CAPM - Project Scheduling Example Questions
Test your knowledge of Amazon Simple Storage Service (S3)
Question 1
Which schedule compression technique involves both adding resources and potentially increasing project costs?
Question 2
You have been put in charge of a hardware manufacturing project, which, due to a recent surge in market demand, needs to be expedited. Tasks are strictly sequential, but there’s flexibility in the budget. What should be your approach?
Question 3
You are leading an e-commerce development project, and your client has requested an earlier delivery date. It's not possible to overlap tasks, yet additional resources may be accommodated. What schedule compression technique should you adopt?
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