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What does crashing a schedule entail?

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MGT 251. Planning and Control

Assignment 5

Getting Projects Back on Schedule

The two best known approaches to getting a slipping schedule back on track are crashing and fast tracking.
1. What does crashing a schedule entail? Specifically, what is the point of crashing and what rules must be followed to crash effectively?
2. Because crashing typically requires us to throw extra resources onto a project, some experts believe that crashing may well cause more problems than it solves. What is the point they are trying to make? What steps should we take to mitigate the ill-effects of crashing?
3. What does fast tracking entail? Provide a specific, real world example of how it might be employed.
4. When experts talk about fast tracking, they often discuss it in the context of risk. Explain the connection between fast tracking and risk. Why would we undertake a technique (fast tracking) that may elevate risk levels dramatically?


 

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