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Fast Tracking a Project

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Explains the concepts of fast tracking in project management. Video from Project Management Fundamentals, a new type of textbook designed to be: granular, easy to use with a "flipped" classroom approach, and designed for electronic distribution on iPads, kindle readers, and PCs/Mac. Find out more http://pmf.education/

Published in: Engineering
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Fast Tracking a Project

  1. 1. Time Management Compressing the Project
  2. 2. Compressing the Project Fast Tracking Crashing Or a little bit of both
  3. 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. 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. 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. 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. 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. 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. 9. Pros • No extra costs • Reduces project time Fast Tracking Cons • Increases risk • Network is more sensitive • Requires more communication

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