Show
Project crashing (also known as ‘crashing the project schedule’, or ‘project time compression’) is a project management technique based on adding more resources of the initially planned in a project in order to accelerate the project timing. Of course adding more resources also means increasing your project costs, but sometimes this is a good project strategy (you can calculate the ROI of that decision based on the project risks of not doing it). There are many project situations where one can decide to crash the Project Schedule, for example:
Not always crashing is possible. For example, in a humorous example: if one woman provides one baby in nine months, having nine women will not result in getting a baby in only one month. This also happens in projects. There are tasks than may be crashed and others that may not. What You Will Learn
Step 1: Analyze the critical pathThe first step is to identify which are the tasks that if we shorten them, we will also shorten the project completion. These tasks are those that are included in the critical path. Apply the CPM (Critical Path Method) to calculate the critical path and identify which are those critical tasks. Step 2: Identify all tasks that can be shortened with additional resourcesWorking together with the responsible person for each task, identify which of the tasks included in the critical path may be shortened by adding additional resources. As the example provided above about the babies, there will be tasks that cannot be shortened by adding more resources, but there will be also be others that can be shortened. Step 3: Calculate for each task: trade-off, gain, time reductionFor each task, you need to calculate how you are going to reduce the project time by adding more resources. For example, if you add a new team member, the trade-off is that you will need five days for knowledge transfer, and later you will gain 30 project days. So, in this example you have achieved a time reduction of 25 days. Step 4: Choose the least costly approachThe objective of project crashing is shortening the schedule duration for the least incremental cost by adding resources. So now let’s place the focus on costs. How much will each time reduction cost? Imagine that you have identified 10 activities that may be crashed with a total time reduction of 100 hours. In case you only need to reduce the project in 30 hours, then you should crash the tasks with the least additional cost for the project. The idea is getting the highest level of efficiency. Step 5: Provide a crashing budget and updated project baselines to the sponsorOnce you have made the final decision, it is important to get the budget for executing the project crashing and update your project baselines, especially the project schedule plan, but also the project budget plan and project resources plan. Featured video:
Join my community of 7 Million Unstoppable Learners who have enrolled in my Online MBA Programs and Certification Courses for Managers & Professionals. Work with me, visit now: TheBestMBA.org. Take Action. Get Results! Follow me on: LinkedIn | Google+ | Twitter | Facebook | Twitter | Youtube When crashing a project a manager generally focuses on which activities first?1. Critical Path. The first thing to do is analyze the critical path of your project.
Which sequence of activities would you as a project manager choose to crash?Answer: Crashing should be done on the activities of the critical path of the project if you want to reduce the duration of the project.
What is crashing technique used for quizlet?Crashing is a method for shortening the project duration by reducing the time of one or more critical activities at a cost.
Which of the following best describes crashing a project?"Crashing" is adding more resources to the project to finish it faster, and will increase costs.
|