Schedule compression is a project management technique used to speed up the schedule of a project and finish it earlier than planned. Different methods, such as crashing and fast-tracking, can be used to shorten a schedule.
Crashing
This method involves adding resources to the activities on the critical path to make the project finish faster. This could mean hiring more people, working longer hours, or bringing in outside help to get things done faster. The goal is to shorten the time of the critical path and speed up the project.
Fast-Tracking
In this method, tasks that would normally be done in order on a project schedule are done at the same time. This can help cut down on the overall length of a project by combining tasks that were supposed to happen one after the other. Fast-tracking a project can help cut down on the time it takes to finish, but it can also increase the risks and costs of the project.
Both methods can be used alone or together to shorten the time it takes to finish a project. But it’s important to keep in mind that squeezing a project schedule can lead to higher costs, more risks, and lower quality. Before implementing schedule compression, project managers should think carefully about how it will affect the project’s goals.
Usage
It is used in Schedule Management
