project managers have to compress schedule Explain your schedule compression stratagy
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Answer:
Explanation:
Schedule Compression Definition
Schedule compression techniques are applied during develop schedule process if a project is behind the schedule. The objective of schedule compression is to try to compress the schedule without changing project scope. Because, if a project scope has not changed, and if the project is behind schedule, you can meet the planned deadline only by compressing the remaining schedule of the project.
There are 2 approaches for schedule compression according to project management certification courses. Let’s go over each schedule compression approach one-by-one.
The 1st schedule compression technique: What is fast tracking in project management?
First approach is Fast Tracking. Let’s give fast tracking project management definition. In fast tracking schedule compression technique, critical path activities are performed in parallel instead of series. This is possible only the activities are not in mandatory dependency. Because, if two activities are depending on each other by nature, you cannot do these two activities in parallel. For instance, you cannot start testing of a screen before completing development. If critical path activities are depending on each other because of resource dependency or if there is a discretionary dependency, you can fast track those activities to complete remaining activities faster.
schedule-compression-1-1024x576 2 Techniques for Schedule Compression: Fast Tracking & Crashing
Let’s visualize fast tracking over a sample. As a fast tracking example, let’s consider that there are 3 activities that need to be completed each other: Activity #1, Activity #2 and Activity #3. If you are aiming to finish the project faster, you can perform Activity #2 and Activity #3 in parallel after completing activity #1. This is called fast tracking schedule compression approach.
The 2nd schedule compression technique: What is crashing in project management?
Second technique is crashing. In crashing schedule compression technique, there is a trade-off between cost and schedule. If the scope is the same and project is behind schedule, another option for compressing the schedule is putting extra resources on remaining activities of the project. Because if it is possible to assign more than one resource on an activity, activity duration will decrease respectively. This will help to complete the project faster. However, since these extra resources were not in the initial plan, there will be an additional cost if crashing is used for schedule compression.
schedule-compression-2-1024x576 2 Techniques for Schedule Compression: Fast Tracking & Crashing
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