PMBOK® Guide: Schedule Compression - Difference between Fast-Tracking and Crashing

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  • čas přidán 7. 09. 2024
  • For more videos on the new version of PMBOK® Guide please enroll with us for Project Management Professional (PMP)® Certification online course
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    Schedule Compression is compressing the schedule duration without compressing the scope.
    Whenever the project manager goes to the sponsor with the time estimate, he was always asked to compress it. This is a usual challenge faced by most of the project managers, where they need to figure out how we can compress the project schedule. There might be business reasons for shrinking the schedule.
    What is Crashing? Can I crash the schedule by adding resources and without changing any dependencies on it?
    In general crashing increases the cost as we are adding resources to it. It can also add communication cost. In the case of 'crashing,' we don't overlook the tendencies instead put more people and number of resources to accomplish a task. Crashing can tend to increase the amount of risk involved- "adding people to a late project makes it later".
    Fast-tracking is a schedule compression technique in which activities are done in sequence are performed in parallel. When fast-tracking techniques are employed, the dependencies must be reviewed and considered for modification or removal. Fast-tracking may result in rework and increased risk as we are avoiding some of the recommended dependencies.
    These 2 techniques are used to shrink the project's schedule. From the exam perspective, you need to check what the actual problem is? Cost or Risk and then select the answer accordingly.
    For more videos on the new version of PMBOK® Guide please enroll with us for PMP® online course
    www.izenbridge...
    The Project Management Professional (PMP), PMBOK, The Agile Certified Practitioner (PMI-ACP), and The Professional in Business Analysis (PMI-PBA) is a registered mark of the Project Management Institute, Inc.
    PMBOK is a registered mark of the Project Management Institute, Inc.
    Materials in this video are based on the text, A Guide to the Project Management Body of Knowledge, (PMBOK® Guide) - Sixth Edition, Project Management Institute Inc., 2017.
    The PMI Registered Education Provider logo is a registered mark of the Project Management Institute, Inc.

Komentáře • 53

  • @zahir585
    @zahir585 Před 2 lety

    here we are end of 2021 watching your videos with so much of appreciation ..truly like your enthusiasm. Thank you very much for sharing

    • @izenbridge
      @izenbridge  Před 2 lety

      Thank you for checking this out, yes this video is around three year old.

  • @syedbajisheik6229
    @syedbajisheik6229 Před 3 lety +1

    Your videos are really helpful thanks for making short yet powerful videos....and the way you explaining is awesome..

  • @isabelcartin3234
    @isabelcartin3234 Před 2 lety +1

    I love the way you explain stuff, thanks!

  • @kalpeshpatil5959
    @kalpeshpatil5959 Před 5 lety +1

    Thank you so much for clear our confusion between these 2 factors.
    Much appreciated for your way of explaining with examples.

    • @izenbridge
      @izenbridge  Před 5 lety

      Thank you !! Kalpesh, for exploring and liking our content
      In Continuation to it, you can explore our video on Funding Limit Reconciliation & S-Curve
      czcams.com/video/pPDkUS-Uvvw/video.html

  • @cristhiancampos-colombia4428

    Good explanation. Thanks!

  • @luiscarlosscb7612
    @luiscarlosscb7612 Před 3 lety +1

    Thanks , your videos are great.
    Greetings from Peru

    • @izenbridge
      @izenbridge  Před 3 lety

      Glad you like them! To know more about iZenBridge PMP program please visit - www.izenbridge.com/pmp/online-course/
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  • @heimdallr7573
    @heimdallr7573 Před rokem

    Great video! Best explanation I found so far.

  • @fazlurrahman6418
    @fazlurrahman6418 Před 5 lety

    Best lecture on fast tracking and crushing

    • @izenbridge
      @izenbridge  Před 5 lety

      Thank you !! Fazlur, for exploring and liking our content
      In Continuation to it, you can explore our video on "Project Schedule Management- Lead and Lag"
      czcams.com/video/L02XYd_f_KU/video.html

  • @AshishShukla-gi9rz
    @AshishShukla-gi9rz Před 4 lety +1

    Thank you for explaining it so aptly...Great work!!

    • @izenbridge
      @izenbridge  Před 4 lety

      Thanks Ashish for your kind words!! keep watching videos.

  • @apoorvamurthy4625
    @apoorvamurthy4625 Před 3 lety

    Very clearly explained, thank you so much!!!

  • @sunilmkaushik
    @sunilmkaushik Před 3 lety

    Great work explaining the two differences!

    • @izenbridge
      @izenbridge  Před 3 lety

      Glad it was helpful!! To know more about iZenBridge PMP program, please visit - www.izenbridge.com/pmp/online-course/
      It is complete and comes with and end to end support.

  • @Joey-bk8bx
    @Joey-bk8bx Před 3 lety

    wow this is real understanding

    • @izenbridge
      @izenbridge  Před 3 lety

      Glad you liked it!! keep exploring iZenBridge CZcams Channel.

  • @fullofenergy306
    @fullofenergy306 Před 5 lety

    I love to see your videos. They are very helpful infact I learned lot of things related to project management by watching your videos. Thank you for your support .

    • @izenbridge
      @izenbridge  Před 5 lety +1

      Thank you!! Sajid, for exploring and liking our content. Good to know that our content is helpful to you.
      You can also explore our video as per PMBOK Guide sixth edition on "Critical Path Method"
      czcams.com/video/eZgv1BW1lCU/video.html

    • @fullofenergy306
      @fullofenergy306 Před 5 lety

      @@izenbridge really appreciate for providing a piece of information

    • @izenbridge
      @izenbridge  Před 5 lety

      Thank you!! Arsalan for exploring and liking our content.

  • @selvakumarnagendran7198

    Thanks a lot. The explanation is simple and clear

    • @izenbridge
      @izenbridge  Před 5 lety

      Thanks a lot Selvakumar for exploring and liking our content.
      You can also explore our video on " What are the Project Management Knowledge Areas?"
      czcams.com/video/vOTtgjvywh4/video.html

  • @hassanjamal1365
    @hassanjamal1365 Před 2 lety

    Sir plz make video on difference between AOA and AON network diagram .....thank......

  •  Před 4 lety

    great lesson, thank you!

    • @izenbridge
      @izenbridge  Před 4 lety

      Glad you liked it! To know more about Saket training programs, please visit - www.izenbridge.com/landing/youtube/Saket-Bansal/

  • @HOLVIBE
    @HOLVIBE Před 5 lety

    Your videos are so helpful!

    • @izenbridge
      @izenbridge  Před 5 lety

      Thank you!! Holly for exploring our content. Good to know that our videos are helpful to you.
      You can also explore the following video on "Critical Path Method"
      czcams.com/video/eZgv1BW1lCU/video.html

  • @gnanrajv
    @gnanrajv Před 5 lety

    Clear explanation

    • @izenbridge
      @izenbridge  Před 5 lety

      Thank you Gnanraj for exploring and liking our content. You can also explore our following blog on "Crashing and Fast Tracking" -
      www.izenbridge.com/blog/what-is-fast-tracking-and-crashing/

  • @aakashdeepsaxena4146
    @aakashdeepsaxena4146 Před 3 měsíci

    How fast-tracking occurs without adding resources. Don't we need more resources to start task B while A is in progress?

  • @Sdeor
    @Sdeor Před 5 lety

    Thanks

    • @izenbridge
      @izenbridge  Před 5 lety

      Thank you !! Rdx, for exploring our content.
      In Continuation to it, you can explore our video as per PMBOK Guide sixth edition on "Critical Path Method"
      czcams.com/video/eZgv1BW1lCU/video.html

  • @synoelsageevarghese5243

    Thank u

    • @izenbridge
      @izenbridge  Před 4 lety

      Happy to know you liked the video!! Keep exploring iZenBridge CZcams Channel. Also, you can explore iZenBridge PMP program here - www.izenbridge.com/pmp/online-course/
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  • @MrPrajeeshprasad
    @MrPrajeeshprasad Před 4 lety +1

    Could you please help me prepare for 2020 PMP exams...... Do you have any coaching classes

    • @izenbridge
      @izenbridge  Před 4 lety

      Sure we will support you. we have a complete program which comes with an end to end support. For more details, please visit - www.izenbridge.com/pmp/online-course/
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  • @krishnakumarr7042
    @krishnakumarr7042 Před 3 lety

    mastery

  • @sumitmitra7336
    @sumitmitra7336 Před 6 měsíci

    Hello Sir,
    Are fast tracking & crashing Corrective actions or preventive actions?

    • @izenbridge
      @izenbridge  Před 6 měsíci

      This depend on when are we applying it, so when you are applying as planning you are preventive some of the delays, when you are applying to makeup some of the delays you are applying it as corrective action.

  • @waniasif6726
    @waniasif6726 Před 4 lety

    Sir, ur lectures r worth
    How can I watch all lectures related to PMP

    • @izenbridge
      @izenbridge  Před 4 lety

      We have a complete program which includes all videos, for more details, please visit - www.izenbridge.com/pmp/online-course/

  • @isabelcartin3234
    @isabelcartin3234 Před 2 lety

    Do you happen to have courses in Udemy?