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A project crashing is the process by which duration of a project is reduced by increasing amount of resources allocated. Sometime when a particular project is running behind schedule, the project manager has to decide whether to go for project crashing or fast tracking.
The factors which can be applied for the management to speed up project execution
1. While doing project planning, the initial time given to the project was too optimistic and now the ground realities are pessimistic.
2. Due to some unavoidable reasons the project is running behind scheduled and the
organization needs to compete it on time.
3. Market needs the project which is being developed, earlier than expected. This demand
forces the organization to speed up the project in order to fulfill the requirement of the
market.
4. Penalties that late execution of project will attract are high not only penalties, the loss in goodwill also needs to be taken into account.
NatalieR answered the question on June 13, 2022 at 05:59
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