Schedule Compression Techniques

Correct Answer: Cost-benefit ratio of each compression activity

The cost-benefit ratio of each compression activity is the most critical consideration when evaluating schedule compression trade-offs. Here's why: 1. Schedule compression involves analyzing which activities can be accelerated most efficiently 2. The cost-benefit ratio helps determine which compression activities provide the best return on investment 3. It enables comparison of different compression options based on their effectiveness per unit cost 4. It helps maintain project budget constraints while achieving maximum schedule reduction Why other options are not the best: - Available experienced team members is a resource constraint, but doesn't help evaluate compression effectiveness - Sequential dependencies are important but are a fixed constraint that doesn't help evaluate compression options - Resource availability is a consideration but doesn't provide a basis for evaluating compression effectiveness The cost-benefit analysis provides quantitative data to make informed decisions about which activities to compress, making it the most critical factor in schedule compression decisions.

Correct Answer: Crashing specific activities by adding experienced resources to reduce duration

Crashing is the most appropriate method when dealing with activities that have strong sequential dependencies and high technical complexity. Here's why: Activities with strong sequential dependencies must be completed in a specific order, making fast tracking risky or impractical since these activities cannot be performed in parallel. High technical complexity requires skilled resources and careful execution. Crashing, by adding experienced resources, maintains the required sequential order while reducing duration through increased expertise and capacity. Why other options are less suitable: Fast tracking would be risky with strong sequential dependencies as it could lead to rework and quality issues. Resource leveling typically extends project duration rather than compressing it, making it unsuitable for addressing schedule delays. Combining fast tracking with crashing would introduce unnecessary risks given the sequential nature of the work.

Correct Answer: When marginal compression costs exceed the benefits gained

The optimal point to stop schedule compression occurs when marginal compression costs exceed the benefits gained. This is a fundamental principle in project management economics. This makes sense because: 1. Schedule compression has associated costs (overtime, additional resources, etc.) 2. Each additional unit of compression typically yields diminishing returns 3. When costs become higher than the benefits, further compression is no longer economically justified The other options are less accurate because: - Reaching estimated minimum completion threshold is arbitrary and doesn't consider cost-benefit analysis - Decreasing team productivity is a symptom of over-compression but not the optimal stopping point - Compression ratio on critical path activities is one factor but doesn't capture the complete cost-benefit picture