Sunday, January 20, 2008

Schedule Compression in Project Time Management

Schedule compression is the shortening of the project schedule without affecting the project scope. I alleviates bottlenecks without sacrificing the project schedule.

What is Fast-Tracking?

  • It is the process of compressing total project duration by performing some activities concurrently that were originally scheduled sequentially.
  • It usually comes without any extra cost incurred.

What is Crashing?

  • Crashing is a schedule compression method.
  • It analyses cost and schedule tradeoffs to determine how to obtain the greatest amount of schedule compression for the least incremental cost.

2 comments:

ellie said...

i found this website by googling "how to schedule compress" but these are only the definitions.... where can i find the actual methods of crashing/fast tracking?

Olivia Jennifer said...

I would say that a PMP is highly respected within both IT & non-IT communities where strong project management skills are required. If you plan on a long term career as a project manager, then yes, even with your level of experience, I would suggest getting your PMP. You can prepare yourself for the exam in one of the leading training providers like http://www.pmstudy.com . You can do minimal prep-work to get 40 PMI® Contact Hours and apply to PMI for PMP Exam before the class begins.

Recommended Books on PMP

Suggested Study Materials

  • PMP-Preparation Recommended Books
  • PMP Exam Prep, Fifth Edition: Rita's Course in a Book for Passing the PMP Exam
  • A Guide to the Project Management Body of Knowledge, Third Edition (PMBOK Guides)
  • The PMP Exam: How to Pass On Your First Try (Test Prep series)