Schedule Compression Techniques
Schedule Compression Techniques are critical methods used to shorten the project schedule duration without modifying the project scope, in order to meet time constraints, deadlines, or other schedule objectives. These techniques are often employed during the finalization of the schedule when it becomes apparent that the project's end date does not align with stakeholder expectations or contractual obligations. The two primary schedule compression techniques are Crashing and Fast Tracking. **Crashing** involves adding resources to project activities on the critical path to reduce their durations. This can include allocating additional personnel, increasing work hours through overtime, or expediting material deliveries. Crashing typically results in increased project costs due to the additional resources or premiums paid for expedited services. It is important to conduct a cost-benefit analysis to ensure that the time saved is worth the extra expenditure. **Fast Tracking** involves rearranging the schedule to perform activities in parallel that were originally planned in sequence. This technique can significantly reduce the project duration but introduces more risk. Overlapping phases or activities can lead to rework if the preceding activities are not completed as expected or if changes occur, impacting subsequent activities. Careful consideration and risk assessment are necessary when implementing fast tracking to mitigate potential issues. When finalizing the schedule, applying these compression techniques requires collaboration with the project team and stakeholders to assess the feasibility and implications of the changes. It is essential to update all related project documents, communicate the changes effectively, and ensure that everyone understands the adjusted timelines and any associated risks or costs. Using schedule compression techniques judiciously helps project managers meet critical deadlines and deliver successful project outcomes without compromising scope or quality. Proper application ensures that the project remains aligned with organizational goals and stakeholder expectations while effectively managing time constraints.
PMI-SP - Finalizing the Schedule Example Questions
Test your knowledge of Amazon Simple Storage Service (S3)
Question 1
You're managing a marketing campaign project which is currently falling behind schedule. Additional resources aren't an option, however several activities can be performed concurrently. Which technique would you apply to get the project back on track?
Question 2
A design project is falling behind schedule due to an unforeseeable design complexity. Assuming additional resources aren't available and the product quality cannot be compromised, which approach would you use?
Question 3
In an ongoing IT project, there is no room for additional resources, but the project needs to be completed ahead of schedule. What would be the best approach to compress the schedule?
Go Premium
PMI Scheduling Professional Preparation Package (2024)
- 3429 Superior-grade PMI Scheduling Professional practice questions.
- Accelerated Mastery: Deep dive into critical topics to fast-track your mastery.
- Unlock Effortless PMI-SP preparation: 5 full exams.
- 100% Satisfaction Guaranteed: Full refund with no questions if unsatisfied.
- Bonus: If you upgrade now you get upgraded access to all courses
- Risk-Free Decision: Start with a 7-day free trial - get premium features at no cost!