chapter 9 reducing project duration chapter outline 1 rationale for reducing project duration 2 options for accelerating project completion a options when resources are not constrained. Answer to chapter 9 reducing project duration read text book chapter 9, project crashing notes in blackboard, learning objectives. Answer to reducing project duration compress the time of the project one time unit per move reduce the schedule until you reach. A project-cost duration graph represents an identification of costs to reduce project time so that comparison acknowledgement occurs with the benefits of getting the project completed sooner gray, 2005, p 287) constructing a project-cost duration graph involved three major steps as defined by clifford gray.
Knowing the critical path in a project greatly contributes to determining its delivery schedule if you want to deliver on time, or shorten the project duration, focus your attention on the critical path when the critical path is shortened, the project is finished early when the critical path is maintained, the project is finished on time. Project practitioners 4 ways to shorten a project schedule here are four easy ways to reduce the duration of the project and improve time-to-market without. 9– rationale for reducing project duration time is money: cost-time tradeoffs reducing the time of a critical activity usually incurs additional direct costs. Here are four areas to attack when you are working to reduce costs when your project plan is rejected because the cost follow these four tips to reduce project. Flashcards in chapter 9 - reducing project duration deck (35): 1 e without any formal planning, the president of a software company remarks in a speech that new technologically advanced software will be available in one year.
There are many reasons you may want to compress the schedulethe first reason is that your project is late, and you are running corner to corner to bring your project back on trackanother reason may be that you intentionally want to shorten the duration of the project, although your project is on track. If you want your project to have an earlier finish date, you must bring in the dates of your critical path tasks this is also known as crashing a project to do this, you can: shorten the duration or work on a task on the critical path change a task constraint to allow for more scheduling flexibility. Cost-duration graphs allow the project manager to identify “the costs of reducing project time so that comparisons can be made with the.
The current literature on project performance generally focuses on two approaches, that of understanding performance and that of reducing duration because of this, many project managers tend to possess a limited understanding of the ways they can improve project performance. The need for reducing the project duration occurs for many reasons such as imposed duration dates, time-to-market considerations, incentive contracts, key resource needs, high overhead costs, or simply unforeseen delays these situations are very common in practice and are known as cost-time trade-off decisions. Crashing is reducing project time by expending the decision to reduce project duration must cost & time and also minimum project duration using alternative. 1 answer to reducing the project duration increases the risk of being late explain - 506175.
Reducing project duration #2 - duration: 7:33 james marion 1,955 views 7:33 project time compression: crashing a project - duration: 16:11. Chapter 9: reducing project duration rationale time is money: cost-time tradeoffs reducing the time of a critical activity usually incurs additional direct costs.
Reducing project duration #2 james marion crashing a project - duration: 5 strategies for reducing project timelines - duration. Tried-and-true techniques for shortening projects of shortening a series of tasks without changing the project scope these two duration compression methods.
Study chapter 9 - reducing project duration flashcards from jason baier's lakehead university class online, or in brainscape's iphone or android app learn faster with spaced repetition. You can reduce the overall duration challenging the rough estimate tasks see if your team can reduce two-week tasks by a day, 4-week phases by 2 days, etc in most software projects, there is room in the schedule if we eliminate time-wasters. Reducing project duration rationale for reducing project duration time is money: cost-time tradeoffs reducing the time of a critical activity usually incurs additional direct costs cost-time solutions focus on reducing (crashing) activities on the critical path to shorten overall duration of the project. Do project crashing: implies adding more resources to tasks of the critical path thus reducing project duration generally it also increases project cost and risk.