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

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iZenBridge Consultancy Pvt Ltd.

iZenBridge Consultancy Pvt Ltd.

5 жыл бұрын

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.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.

Пікірлер: 53
@syedbajisheik6229
@syedbajisheik6229 2 жыл бұрын
Your videos are really helpful thanks for making short yet powerful videos....and the way you explaining is awesome..
@izenbridge
@izenbridge 2 жыл бұрын
Glad you like them!
@isabelcartin3234
@isabelcartin3234 2 жыл бұрын
I love the way you explain stuff, thanks!
@izenbridge
@izenbridge 2 жыл бұрын
Glad you like them!
@kalpeshpatil5959
@kalpeshpatil5959 4 жыл бұрын
Thank you so much for clear our confusion between these 2 factors. Much appreciated for your way of explaining with examples.
@izenbridge
@izenbridge 4 жыл бұрын
Thank you !! Kalpesh, for exploring and liking our content In Continuation to it, you can explore our video on Funding Limit Reconciliation & S-Curve kzbin.info/www/bejne/poGnnIiJYrqprNk
@AshishShukla-gi9rz
@AshishShukla-gi9rz 4 жыл бұрын
Thank you for explaining it so aptly...Great work!!
@izenbridge
@izenbridge 4 жыл бұрын
Thanks Ashish for your kind words!! keep watching videos.
@cristhiancampos-colombia4428
@cristhiancampos-colombia4428 2 жыл бұрын
Good explanation. Thanks!
@izenbridge
@izenbridge 2 жыл бұрын
Glad it was helpful!
@heimdallr7573
@heimdallr7573 Жыл бұрын
Great video! Best explanation I found so far.
@izenbridge
@izenbridge Жыл бұрын
Glad it was helpful!
@zahir585
@zahir585 2 жыл бұрын
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 жыл бұрын
Thank you for checking this out, yes this video is around three year old.
@sunilmkaushik
@sunilmkaushik 3 жыл бұрын
Great work explaining the two differences!
@izenbridge
@izenbridge 3 жыл бұрын
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@luiscarlosscb7612
@luiscarlosscb7612 3 жыл бұрын
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@izenbridge
@izenbridge 3 жыл бұрын
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.
@HOLVIBE
@HOLVIBE 5 жыл бұрын
Your videos are so helpful!
@izenbridge
@izenbridge 5 жыл бұрын
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" kzbin.info/www/bejne/m4vKp2R4jJafebc
@selvakumarnagendran7198
@selvakumarnagendran7198 4 жыл бұрын
Thanks a lot. The explanation is simple and clear
@izenbridge
@izenbridge 4 жыл бұрын
Thanks a lot Selvakumar for exploring and liking our content. You can also explore our video on " What are the Project Management Knowledge Areas?" kzbin.info/www/bejne/rIC3pZqgq96qnpY
@fazlurrahman6418
@fazlurrahman6418 4 жыл бұрын
Best lecture on fast tracking and crushing
@izenbridge
@izenbridge 4 жыл бұрын
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" kzbin.info/www/bejne/gmGViYyalMuSgbc
@apoorvamurthy4625
@apoorvamurthy4625 2 жыл бұрын
Very clearly explained, thank you so much!!!
@izenbridge
@izenbridge 2 жыл бұрын
Glad you liked it
@fullofenergy306
@fullofenergy306 5 жыл бұрын
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 жыл бұрын
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" kzbin.info/www/bejne/m4vKp2R4jJafebc
@fullofenergy306
@fullofenergy306 5 жыл бұрын
@@izenbridge really appreciate for providing a piece of information
@izenbridge
@izenbridge 5 жыл бұрын
Thank you!! Arsalan for exploring and liking our content.
4 жыл бұрын
great lesson, thank you!
@izenbridge
@izenbridge 4 жыл бұрын
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@Joey-bk8bx
@Joey-bk8bx 3 жыл бұрын
wow this is real understanding
@izenbridge
@izenbridge 3 жыл бұрын
Glad you liked it!! keep exploring iZenBridge KZbin Channel.
@gnanrajv
@gnanrajv 5 жыл бұрын
Clear explanation
@izenbridge
@izenbridge 5 жыл бұрын
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 Ай бұрын
How fast-tracking occurs without adding resources. Don't we need more resources to start task B while A is in progress?
@Sdeor
@Sdeor 5 жыл бұрын
Thanks
@izenbridge
@izenbridge 5 жыл бұрын
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" kzbin.info/www/bejne/m4vKp2R4jJafebc
@synoelsageevarghese5243
@synoelsageevarghese5243 3 жыл бұрын
Thank u
@izenbridge
@izenbridge 3 жыл бұрын
Happy to know you liked the video!! Keep exploring iZenBridge KZbin 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 жыл бұрын
Sir plz make video on difference between AOA and AON network diagram .....thank......
@MrPrajeeshprasad
@MrPrajeeshprasad 4 жыл бұрын
Could you please help me prepare for 2020 PMP exams...... Do you have any coaching classes
@izenbridge
@izenbridge 4 жыл бұрын
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@waniasif6726
@waniasif6726 4 жыл бұрын
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@izenbridge
@izenbridge 4 жыл бұрын
We have a complete program which includes all videos, for more details, please visit - www.izenbridge.com/pmp/online-course/
@sumitmitra7336
@sumitmitra7336 4 ай бұрын
Hello Sir, Are fast tracking & crashing Corrective actions or preventive actions?
@izenbridge
@izenbridge 4 ай бұрын
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.
@krishnakumarr7042
@krishnakumarr7042 3 жыл бұрын
mastery
@izenbridge
@izenbridge 3 жыл бұрын
Thanks for your kind words!!
@isabelcartin3234
@isabelcartin3234 2 жыл бұрын
Do you happen to have courses in Udemy?
@izenbridge
@izenbridge 2 жыл бұрын
not much active one
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