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

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  • เผยแพร่เมื่อ 4 มิ.ย. 2019
  • For more videos on the new version of PMBOK® Guide please enroll with us for Project Management Professional (PMP)® Certification online course
    www.izenbridge.com/pmp/online...
    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.com/pmp/online...
    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.

ความคิดเห็น • 53

  • @kalpeshpatil5959
    @kalpeshpatil5959 5 ปีที่แล้ว +1

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

    • @izenbridge
      @izenbridge  5 ปีที่แล้ว

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

  • @AshishShukla-gi9rz
    @AshishShukla-gi9rz 4 ปีที่แล้ว +1

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

    • @izenbridge
      @izenbridge  4 ปีที่แล้ว

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

  • @isabelcartin3234
    @isabelcartin3234 2 ปีที่แล้ว +1

    I love the way you explain stuff, thanks!

    • @izenbridge
      @izenbridge  2 ปีที่แล้ว

      Glad you like them!

  • @cristhiancampos-colombia4428
    @cristhiancampos-colombia4428 2 ปีที่แล้ว

    Good explanation. Thanks!

    • @izenbridge
      @izenbridge  2 ปีที่แล้ว

      Glad it was helpful!

  • @sunilmkaushik
    @sunilmkaushik 3 ปีที่แล้ว

    Great work explaining the two differences!

    • @izenbridge
      @izenbridge  3 ปีที่แล้ว

      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.

  • @heimdallr7573
    @heimdallr7573 ปีที่แล้ว

    Great video! Best explanation I found so far.

    • @izenbridge
      @izenbridge  ปีที่แล้ว

      Glad it was helpful!

  • @syedbajisheik6229
    @syedbajisheik6229 2 ปีที่แล้ว +1

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

    • @izenbridge
      @izenbridge  2 ปีที่แล้ว

      Glad you like them!

  • @apoorvamurthy4625
    @apoorvamurthy4625 2 ปีที่แล้ว

    Very clearly explained, thank you so much!!!

    • @izenbridge
      @izenbridge  2 ปีที่แล้ว

      Glad you liked it

  • @zahir585
    @zahir585 2 ปีที่แล้ว

    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  2 ปีที่แล้ว

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

  • @selvakumarnagendran7198
    @selvakumarnagendran7198 4 ปีที่แล้ว

    Thanks a lot. The explanation is simple and clear

    • @izenbridge
      @izenbridge  4 ปีที่แล้ว

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

  • @HOLVIBE
    @HOLVIBE 5 ปีที่แล้ว

    Your videos are so helpful!

    • @izenbridge
      @izenbridge  5 ปีที่แล้ว

      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"
      th-cam.com/video/eZgv1BW1lCU/w-d-xo.html

  •  4 ปีที่แล้ว

    great lesson, thank you!

    • @izenbridge
      @izenbridge  4 ปีที่แล้ว

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

  • @fazlurrahman6418
    @fazlurrahman6418 5 ปีที่แล้ว

    Best lecture on fast tracking and crushing

    • @izenbridge
      @izenbridge  5 ปีที่แล้ว

      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"
      th-cam.com/video/L02XYd_f_KU/w-d-xo.html

  • @luiscarlosscb7612
    @luiscarlosscb7612 3 ปีที่แล้ว +1

    Thanks , your videos are great.
    Greetings from Peru

    • @izenbridge
      @izenbridge  3 ปีที่แล้ว

      Glad you like them! To know more about iZenBridge PMP program please visit - www.izenbridge.com/pmp/online-course/
      It is complete and comes with an end to end support.

  • @fullofenergy306
    @fullofenergy306 5 ปีที่แล้ว

    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  5 ปีที่แล้ว +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"
      th-cam.com/video/eZgv1BW1lCU/w-d-xo.html

    • @fullofenergy306
      @fullofenergy306 5 ปีที่แล้ว

      @@izenbridge really appreciate for providing a piece of information

    • @izenbridge
      @izenbridge  5 ปีที่แล้ว

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

  • @Joey-bk8bx
    @Joey-bk8bx 3 ปีที่แล้ว

    wow this is real understanding

    • @izenbridge
      @izenbridge  3 ปีที่แล้ว

      Glad you liked it!! keep exploring iZenBridge TH-cam Channel.

  • @gnanrajv
    @gnanrajv 5 ปีที่แล้ว

    Clear explanation

    • @izenbridge
      @izenbridge  5 ปีที่แล้ว

      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/

  • @Sdeor
    @Sdeor 5 ปีที่แล้ว

    Thanks

    • @izenbridge
      @izenbridge  5 ปีที่แล้ว

      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"
      th-cam.com/video/eZgv1BW1lCU/w-d-xo.html

  • @synoelsageevarghese5243
    @synoelsageevarghese5243 3 ปีที่แล้ว

    Thank u

    • @izenbridge
      @izenbridge  3 ปีที่แล้ว

      Happy to know you liked the video!! Keep exploring iZenBridge TH-cam Channel. Also, you can explore iZenBridge PMP program here - www.izenbridge.com/pmp/online-course/
      It is complete and comes with an end to end support.

  • @hassanjamal1365
    @hassanjamal1365 2 ปีที่แล้ว

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

  • @aakashdeepsaxena4146
    @aakashdeepsaxena4146 หลายเดือนก่อน

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

  • @krishnakumarr7042
    @krishnakumarr7042 3 ปีที่แล้ว

    mastery

    • @izenbridge
      @izenbridge  3 ปีที่แล้ว

      Thanks for your kind words!!

  • @MrPrajeeshprasad
    @MrPrajeeshprasad 4 ปีที่แล้ว +1

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

    • @izenbridge
      @izenbridge  4 ปีที่แล้ว

      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/
      Please write to sales@izenbridge.com, for more details.

  • @waniasif6726
    @waniasif6726 4 ปีที่แล้ว

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

    • @izenbridge
      @izenbridge  4 ปีที่แล้ว

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

  • @sumitmitra7336
    @sumitmitra7336 5 หลายเดือนก่อน

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

    • @izenbridge
      @izenbridge  5 หลายเดือนก่อน

      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.

  • @isabelcartin3234
    @isabelcartin3234 2 ปีที่แล้ว

    Do you happen to have courses in Udemy?

    • @izenbridge
      @izenbridge  2 ปีที่แล้ว

      not much active one