In order to fast track a project, you must understand goals, detail every task, and arrange these tasks in sequence. High risk or potential loss of control over processes and budget Outside resources and budget added to critical path activitiesĪdditional budget for personnel, materials, and other resources Internal or originally budgeted-for outside resources Therefore, crashing has limits, since it can often increase costs without fulfilling its core purpose and relies on outside vendors and dollars spent. Although crashing may seem like the easier way to go, it comes with an additional financial investment that may affect the budget for other projects. This change in velocity can add stress for team members and take them away from other projects. Crashing involves adding costs to compress the schedule.įast-track project planning requires the team to execute on multiple activities simultaneously. “You can overlap tasks and decide to spend money if the project is critical, you have ample funds, and you’re able to reallocate personnel.”įast tracking requires activities in parallel to hit a project deadline, whereas crashing refers to adding resources to a project to meet critical deadlines. “Combining techniques can be the only way forward when schedules shrink,” says Biafore. Mixed Techniques: You can combine fast tracking, crashing, and resource reallocation to speed up the process under a tight deadline or, if you experience a crashing budget, for high-visibility or mission-critical projects. This technique doesn’t change the scheduling sequences like fast tracking does, nor does it require adding to the budget.
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