Fast Tracking a Project
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Download additional slides, videos, and resources at https://www.christiansonjs.com/ Signup for The Free-Range Technologist, a monthly newsletter filled with creative commons resources, useful apps, and lifehacks: https://mailchi.mp/f8f0219bc305/jscott Explains the concepts of fast tracking in project management.
Fast Tracking a Project
- 1. Time Management Compressing the Project
- 2. Compressing the Project Fast Tracking Crashing Or a little bit of both
- 3. A Design 20 B Purchase 4 Finish to Start Task B cannot start until A is finished “Purchase Parts” (Task B) can’t start until “Design System” is complete (Task A) Fast Tracking
- 4. 0 A 20 Design 20 20 B 24 Purchase 4 Finish to Start Task B cannot start until A is finished “Purchase Parts” (Task B) can’t start until “Design System” is complete (Task A) TOTAL DURATION 24 Days Fast Tracking
- 5. A Design 20 B Purchase 4Start to Start Task B can start 4 days after Task A is started “Purchase Parts” (Task B) can start 4 days after “Design System” STARTS!! (Task A) Lag: 4 Fast Tracking
- 6. 0 A 20 Design 20 4 B 8 Purchase 4Start to Start Task B can start 4 days after Task A is started “Purchase Parts” (Task B) can start 4 days after “Design System” STARTS!! (Task A) Lag: 4 TOTAL DURATION 20 Days Fast Tracking
- 7. 0 A 20 Design 20 20 B 24 Purchase 4 Fast Tracking 24 C 36 Test Com. 12 36 D 56 Assemble 20 TOTAL DURATION: 56 Days
- 8. 0 A 20 Design 20 4 B 8 Purchase 4 Fast Tracking 10 C 24 Test Com. 12 17 D 37 Assemble 20 TOTAL DURATION: Days Lag: 4 Lag: 6 Lag: 7 37 Complete the Project in 33% less time
- 9. Pros ? No extra costs ? Reduces project time Fast Tracking Cons ? Increases risk ? Network is more sensitive ? Requires more communication
Editor's Notes
- Reducing Project Scope Compromise Quality Adding Resources Outsourcing Project Work Scheduling Overtime Have owner take on more responsibility Negative Float: If you have negative project float (meaning the estimated completion date is after the desired date), would your first choice be to tell the customer the date cannot be met and to ask for more time? No; the first choice would be to analyze what could be done about the negative float by compressing the schedule. In crashing or fast tracking, it is best to see all potential choices and then select the option or options that have the least negative impact on the project. For the exam, remember that you need to identify all the possible options and, if given a choice between crashing or fast tracking options, select the choice or combination of choices with the least negative impact
- This technique involves taking critical path activities that were originally planned in a series in a finish to start and doing them instead in parallel (start to start)
- Pros Fast tracking often results in rework, usually increases risk, and requires more attention to communication.