Project crashing is the name given to schedule compression techniques that are used when a person wants to shorten the duration of a project without changing the scope. There are basically two techniques that can be used to shorten project duration while maintaining project scope.
These techniques are fast-tracking and crashing. Cost and schedule trade-offs are analyzed to determine how to obtain the greatest amount of compression for the least incremental cost. Crashing analyzes and categorizes activities based on the lowest crash cost per unit time. Crashing only works for critical path activities where it is possible to shorten schedules.
The project crashing results in a high direct cost to the project, but also gives clear identification for optimal time cost. In project management, direct cost is the basis for crashed cost calculation. Project crashing serves the purpose of effective time management.
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alright welcome back in this video we are learning how to crash a project or what is project crashing so we'll just go over the first definitions how it works what it is and then in the next video we'll actually crash this project and we won't have to spend all the time explaining what's going on we'll just crunch through all the numbers and just keep going alright.
Project crashing full example (part 1/2)
alright in this video we are doing a full comprehensive example on project crashing so in the last video you'll see you learn what project Russian is and how to do it this video we will be actually going through this example and in working your way through and seeing what this is all about.
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