Schedule compression is a technique used in project management to shorten the overall timeline for a project without reducing the scope. This can be done using two approaches: crashing the schedule or fast-tracking the project. ๐ก
For a variety of reasons, including the following, project managers use schedule compression techniques:
1. A distorted timetable
2. After a certain date, resources are no longer available
3. Introduction of unanticipated or unrecognized risks
4. Quick product launch
5. Adapting client needs etc.
๐The primary distinction between crashing and fast-tracking is that with crashing, the timeframe is compressed by adding more resources or putting in more effort ie; long working hours. By combining or omitting some processes, fast-tracking shortens the schedule. Both approaches have the potential to result in higher costs and lower quality. Fast-tracking is regarded as risky because it might impair coordination. Crashing is sometimes viewed as a last-resort option, since it might lead to inferior quality and higher expenses.
๐While there is no assurance that costs would rise as a result of crashing, shortening project lead times can need the use of more resources, such as extra staff and overtime. To avoid crashing, weigh the costs of moving the project forward with the advantages of having it finished earlier. Furthermore, this method of compressing the schedule only functions when you have extra resources available to finish the job faster.
๐In fast-tracking, we can expedite projects by beginning work on various project components at the same time or by omitting unnecessary stages. In a nutshell, fast-tracking is doing multiple tasks at once rather than one at a time. This method is frequently viewed as dangerous because it might result in concerns with coordination and the final product's potential quality.
๐When a schedule needs to be compressed, project managers typically start with fast-tracking. The tasks in the initial project schedule are rearranged using this strategy, which doesn't add any additional project expenses or resources. Successful project managers are able to identify the conditions that necessitate accelerating a project.