A PMP Guide to Schedule Compression Technique
A PMP Guide to Schedule Compression Technique
Imagine you are working a project, and suddenly customer asks to finish the project three weeks earlier. You have to finish the project without altering the schedule. The only option is Schedule Compression.
Let us understand the importance of this method and how to use this in
real world scenario and apply this knowledge to answer PMP Exam.
Schedule Compression is a technique used to reduce the
project schedule without reducing the project scope.
There are two types of Schedule Compression
✅ Fast Tracking
✅ Crashing
🔹 Fast Tracking – Doing activities in parallel that were planned in sequence. For e.g., Testing team will wait for the development team to complete development activities as per the regular plan. However, the schedule can be shortened if the testing team can start the testing instead of waiting for the development team to complete all the activities.
|
Fast
Tracking |
Crashing |
Definition |
Doing
activities in parallel that were planned in sequence |
Adding
more resources to critical path activities |
Example |
Start testing
before coding is complete |
Add more
developers to speed up coding |
Pros |
No
Extra Cost |
Faster
delivery |
Cons |
Risk of rework |
Increase cost |
👉 Fast Tracking – Schedule
As shown in above
diagram both A activities and B are overlapped which will reduce the overall
schedule without impacting the scope of the project. However, overlapping or
working activities in parallel may introduce a risk factor.
As show in above
diagram. Each activity is loaded with more resources which will eventually
complete the overall project within short duration. However, this method will
increase the cost as we are adding more resources.
🔑 Takeaways of schedule Compression.
Schedule
compression helps shorten project duration without reducing scope.
Two key techniques
Ø
Crashing –
Add resources – cost goes up 💰
Ø Fast Tracking – Do activities in parallel –
Risk goes up ⚠️
Always
focus on critical path activities, since they directly affect the
project’s finish date.
·
📌
Contingency
vs Management Reserve Explained Simply
·
📌
5
Tricks to Tackle PMP Situational Questions
📺 Schedule Compression Explained – YouTube
Video
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