SlideShare a Scribd company logo
1 of 23
Reducing Project
Duration
Presented By:
Jagat Prasad Upadhyay
MPH (PHSM)3rd Semester
School of Health and Allied Sciences
(SHAS)
Pokhara University
Presentation Outline
• Introduction
• Why reduce project duration
• Option for reducing project duration
• Project Crashing
• Benefits and risk of reducing project duration
8/19/2023 Reducing Project Duration_Jagat_Prasad_Upadhyay 2
Reducing Project Duration
• Reducing project duration refers to the process of shortening the
overall time required to complete a project while maintaining its
quality and objectives.
• It involves analyzing and modifying various project components, such
as task dependencies, resource allocation, scheduling, and project
scope, to expedite project completion.
8/19/2023 Reducing Project Duration_Jagat_Prasad_Upadhyay 3
Why Reduce Project Duration?
• Reduce project duration so as to minimize risks caused by
unforeseen delays—for example, adverse weather, design defect,
and equipment breakdowns etc.
• In recent years emphasis on time-to-market has taken on new
importance because of intense global competition and rapid
technological advances.
8/19/2023 Reducing Project Duration_Jagat_Prasad_Upadhyay 4
Why Reduce Project Duration?
• There is a need to complete the project before the planned date to respond
customers’ demand (imposed project duration date).
• There are times for reassigning key equipment and/or people to new
projects. Under these circumstances, the cost of compressing the project
can be compared with the costs of not releasing key equipment or people.
• Incentives contract (bonus for early completion)
8/19/2023 Reducing Project Duration_Jagat_Prasad_Upadhyay 5
Options for Reducing Project Duration
Adding Resources: The most common method for shortening project time
is to assign additional staff and equipment to activities. There are limits,
as to how much speed can be gained by adding staffs. Doubling the size of
the workforce will not certainly reduce completion time by half.
Outsourcing Project Work: Sometimes the organization subcontract out
the project activities to shorten the project time. The subcontractor may
have access to superior technology or expertise that will accelerate the
completion of the activity.
8/19/2023 Reducing Project Duration_Jagat_Prasad_Upadhyay 6
Options for Reducing Project Duration
 Establish a Core Project Team: One of the advantages of creating a
dedicated core team to complete project in speed. Assigning
professionals full time to a project avoids the hidden cost of multi-
tasking.
 Fast-Tracking: Sometimes it is possible to re-arrange the logic of the
project network so that critical activities are done in parallel rather
than sequentially.
8/19/2023 Reducing Project Duration_Jagat_Prasad_Upadhyay 7
Options for Reducing Project Duration
Reducing Project Scope: This refers to limiting the number of features,
tasks, or objectives within a project. It's often done to expedite project
completion or to align with resource constraints. While reducing scope can
indeed shorten the project timeline, it can also lead to a project that doesn't
fully meet its initial goals or requirements.
Compromise Quality: Reducing quality is always an opinion, but it is
rarely used or acceptable. If quality is sacrificed, it may be possible to
reduce the time of an activity on the critical path.
8/19/2023 Reducing Project Duration_Jagat_Prasad_Upadhyay 8
Project Crashing
• Project crashing, also known as schedule compression or time crashing, is a project
management technique used to accelerate the completion of a project by reducing its
overall duration.
• Project crashing is when we shorten the duration of a project by reducing the time of
one or more tasks.
• Crashing is done by increasing the resources to the project, which helps make tasks
take less time than what they were planned for.
• This also adds to the cost of the overall project. Therefore, the primary objective of
project crashing is to shorten the project while also keeping costs at a minimum.
8/19/2023 Reducing Project Duration_Jagat_Prasad_Upadhyay 9
Project Crashing
8/19/2023 Reducing Project Duration_Jagat_Prasad_Upadhyay 10
Summary of principles: Determine least expensive way to
finish project by earlier date
• Focus on the critical path.
• Choose least costly (lowest cost slope) alternative to shorten project
duration first.
• If project duration has not been reduced sufficiently, choose second-
cheapest alternative, and so on.
• Keep an eye on all non-critical paths.
• If a non-critical path becomes critical, reduce activity duration on this
path as well in next round.
8/19/2023 Reducing Project Duration_Jagat_Prasad_Upadhyay 11
Cost-duration graph
8/19/2023 Reducing Project Duration_Jagat_Prasad_Upadhyay 12
Example
Activity
Starting and
finishing event
Time (Days) Cost ($)
Normal Crash Normal Crash
A (1-2) 4 3 60 90
B (1-4) 6 4 150 250
C (1-3) 2 1 38 60
D (2-4) 5 3 150 250
E (3-4) 2 2 100 100
F (2-5) 7 5 115 175
G (4-5) 4 2 100 240
8/19/2023 Reducing Project Duration_Jagat_Prasad_Upadhyay 13
Indirect Cost: 60 per day
Network Diagram
11
5
3
4
2
A= 4
B= 6
G= 4
D= 5
C= 2
E= 2
F= 7
8/19/2023 Reducing Project Duration_Jagat_Prasad_Upadhyay 14
Network Diagram
Possible paths
• A-F = 4+7 = 11 days
• A-D-G = 4+5+4 = 13 days (Critical path)
• B-G = 6+4 = 10 days
• C-E-G = 2+2+4 = 8 days
Normal Project completion time 13 days
Direct Cost = 713 days
Indirect cost = 13*60 = 780 days
Normal Project cost = direct cost + indirect cost = 713+(13*60) = 1493
8/19/2023 Reducing Project Duration_Jagat_Prasad_Upadhyay 15
Cost Slope Calculation formula
The cost per unit of time or slope for any activity is computed by the
following:
Crash cost – Normal cost
Normal Time – Crash Time
8/19/2023 Reducing Project Duration_Jagat_Prasad_Upadhyay 16
Cost Slope =
Crashing Limit = Normal Time- Crash Time
Cost Slope Table
Activities
Crash cost per day (Cost
slope) Δc/Δt [$]
Maximum Possible Crashing Δt
(Crashing Limit)
A (90-60)/(4-3) = 30 4-3 = 1
B (250-150)/(6-4) = 50 6-4 = 2
C (60-38)/(2-1) = 22 2-1 = 1
D (250-150)/(5-3) = 50 5-3 = 2
E (100-100)/(2-2) = 0 2-2 = 0
F (175-115)/(7-5) = 30 7-5 = 2
G (240-100)/(4-2) = 70 4-2 = 2
8/19/2023 Reducing Project Duration_Jagat_Prasad_Upadhyay 17
Crashing Table
8/19/2023 Reducing Project Duration_Jagat_Prasad_Upadhyay 18
Crashing A-F A-D-G B-G C-E-G Direct cost Indirect cost Total cost
Before Crashing 11 13 10 8 713 780 1493
1st Crashing, A by 1 day 10 12 10 8 743 720 1463
2nd Crashing, D by 1 day
10 11 10 8 793 660 1453
3rd Crashing, D by 1 day
10 10 10 8 843 600 1443
4th Crashing, G by 1 day
& F by 1 day 9 9 9 7 943 540 1483
5th Crashing, G by 1 day
& F by 1 day 8 8 8 6 1043 480 1523
Optimal project completion time = 10 days
Optimal project cost = $1443
Benefits of reducing project duration
• Increased speed to market: This can be a major benefit for businesses that are competing
in fast-paced industries.
• Reduced costs: By completing the project sooner, you can save on indirect costs such as
overhead and staffing.
• Improved customer satisfaction: Customers are often more satisfied with projects that
are delivered on time or early.
• Increased flexibility: Having a shorter project duration gives you more flexibility to
respond to changes in the environment.
. 8/19/2023 Reducing Project Duration_Jagat_Prasad_Upadhyay 19
Risks of reducing project duration
• Quality Compromise: Speeding up the project may lead to cutting corners or
sacrificing quality. This can result in defects, rework, and customer dissatisfaction in
the long run.
• Increased risk of errors: When we compress the schedule, there is a greater risk that
errors will be made.
• Increased resource contention: When we try to complete a project in a shorter
timeframe, we may need to use more resources, which can lead to conflicts and delays.
8/19/2023 Reducing Project Duration_Jagat_Prasad_Upadhyay 20
Risks of reducing project duration
• Increased stress on team members: Putting pressure on team members to complete
the project in a shorter timeframe can lead to stress and burnout.
• Communication and Coordination Challenges: Shorter project durations may
require more frequent communication and coordination among team members
8/19/2023 Reducing Project Duration_Jagat_Prasad_Upadhyay 21
References
• Chapter Nine Reducing Project Duration (https://universe.bits
pilani.ac.in/uploads/Chapter%209%20%20Reducing%20Project%20D
uration_5e.pdf
• Project Crashing by Nitin Kulkarni (https://youtu.be/srb6yzbcu80)
8/19/2023 Reducing Project Duration_Jagat_Prasad_Upadhyay 22
8/19/2023 Reducing Project Duration_Jagat_Prasad_Upadhyay 23

More Related Content

What's hot

Chapter-5-Scheduling-and-Resource-Allocation.ppt
Chapter-5-Scheduling-and-Resource-Allocation.pptChapter-5-Scheduling-and-Resource-Allocation.ppt
Chapter-5-Scheduling-and-Resource-Allocation.ppt
TecnicoItca
 
Wbs & Project Scheduling
Wbs & Project SchedulingWbs & Project Scheduling
Wbs & Project Scheduling
sslovepk
 
Project Management in 12 Slides
Project Management in 12 SlidesProject Management in 12 Slides
Project Management in 12 Slides
Pam Pauley
 
Sample project plan
Sample project planSample project plan
Sample project plan
mamoonnift
 

What's hot (20)

Introduction to Project Management by Javid Hamdard
Introduction to Project Management by Javid HamdardIntroduction to Project Management by Javid Hamdard
Introduction to Project Management by Javid Hamdard
 
PROJECT-SCHEDULING-pptx.pptx
PROJECT-SCHEDULING-pptx.pptxPROJECT-SCHEDULING-pptx.pptx
PROJECT-SCHEDULING-pptx.pptx
 
Introduction to Project Management
Introduction to Project ManagementIntroduction to Project Management
Introduction to Project Management
 
Program Evaluation and Review Technique
Program Evaluation and Review TechniqueProgram Evaluation and Review Technique
Program Evaluation and Review Technique
 
Chapter-5-Scheduling-and-Resource-Allocation.ppt
Chapter-5-Scheduling-and-Resource-Allocation.pptChapter-5-Scheduling-and-Resource-Allocation.ppt
Chapter-5-Scheduling-and-Resource-Allocation.ppt
 
project management
project managementproject management
project management
 
PROGRAM and PROJECT IDENTIFICATION.pptx
PROGRAM and PROJECT IDENTIFICATION.pptxPROGRAM and PROJECT IDENTIFICATION.pptx
PROGRAM and PROJECT IDENTIFICATION.pptx
 
Project Schedule Management - PMBOK6
Project Schedule Management - PMBOK6Project Schedule Management - PMBOK6
Project Schedule Management - PMBOK6
 
PERT and CPM
PERT and CPMPERT and CPM
PERT and CPM
 
PMP Chap9 - Project Human Resource management
PMP Chap9 - Project Human Resource managementPMP Chap9 - Project Human Resource management
PMP Chap9 - Project Human Resource management
 
Critical Path Method(CPM)
Critical Path Method(CPM)Critical Path Method(CPM)
Critical Path Method(CPM)
 
Gantt chart
Gantt chartGantt chart
Gantt chart
 
Wbs & Project Scheduling
Wbs & Project SchedulingWbs & Project Scheduling
Wbs & Project Scheduling
 
Project Management in 12 Slides
Project Management in 12 SlidesProject Management in 12 Slides
Project Management in 12 Slides
 
Sample project plan
Sample project planSample project plan
Sample project plan
 
Project management
Project managementProject management
Project management
 
02 sectoral planning 02_
02 sectoral planning 02_02 sectoral planning 02_
02 sectoral planning 02_
 
Project Human Resource Management
Project Human Resource ManagementProject Human Resource Management
Project Human Resource Management
 
Logical framework
Logical frameworkLogical framework
Logical framework
 
Project Cost Management
Project Cost Management Project Cost Management
Project Cost Management
 

Similar to Reducing Project Duration_Jagat Prasad Upadhyay.pptx

2.06 time management 1
2.06 time management 12.06 time management 1
2.06 time management 1
reddvise
 
Project Management, Perspective, Planning And Implementation
Project Management, Perspective, Planning And ImplementationProject Management, Perspective, Planning And Implementation
Project Management, Perspective, Planning And Implementation
Camella Taylor
 
Pmp project management professional free sample
Pmp project management professional free samplePmp project management professional free sample
Pmp project management professional free sample
Nada Sallam
 
Hello Class- This is a very rough draft of the assignment. I have
Hello Class- This is a very rough draft of the assignment. I have Hello Class- This is a very rough draft of the assignment. I have
Hello Class- This is a very rough draft of the assignment. I have
SusanaFurman449
 

Similar to Reducing Project Duration_Jagat Prasad Upadhyay.pptx (20)

IRJET- Implementing Time and Cost Optimization in Commercial Building using P...
IRJET- Implementing Time and Cost Optimization in Commercial Building using P...IRJET- Implementing Time and Cost Optimization in Commercial Building using P...
IRJET- Implementing Time and Cost Optimization in Commercial Building using P...
 
Resource-Allocation.ppt
Resource-Allocation.pptResource-Allocation.ppt
Resource-Allocation.ppt
 
COMPARATIVE STUDY OF ACTUAL AND CRASHED SCHEDULE OF BUILDING USING MSP
COMPARATIVE STUDY OF ACTUAL AND CRASHED SCHEDULE OF BUILDING USING MSPCOMPARATIVE STUDY OF ACTUAL AND CRASHED SCHEDULE OF BUILDING USING MSP
COMPARATIVE STUDY OF ACTUAL AND CRASHED SCHEDULE OF BUILDING USING MSP
 
Time cost trade off with primavera (real case)
Time cost trade off with primavera (real case)Time cost trade off with primavera (real case)
Time cost trade off with primavera (real case)
 
ch09s.ppt
ch09s.pptch09s.ppt
ch09s.ppt
 
Project management Using Pert
Project management Using PertProject management Using Pert
Project management Using Pert
 
Advanced Scheduling for Large, Complex Industrial Projects
Advanced Scheduling for Large, Complex Industrial ProjectsAdvanced Scheduling for Large, Complex Industrial Projects
Advanced Scheduling for Large, Complex Industrial Projects
 
Minor project by priyanshu kumar, 9608684800
Minor project by priyanshu kumar, 9608684800Minor project by priyanshu kumar, 9608684800
Minor project by priyanshu kumar, 9608684800
 
Lec-01 Project Planning & Management (Th.).pdf
Lec-01 Project Planning & Management (Th.).pdfLec-01 Project Planning & Management (Th.).pdf
Lec-01 Project Planning & Management (Th.).pdf
 
Project management part 1
Project management part 1Project management part 1
Project management part 1
 
2.06 time management 1
2.06 time management 12.06 time management 1
2.06 time management 1
 
Project Management, Perspective, Planning And Implementation
Project Management, Perspective, Planning And ImplementationProject Management, Perspective, Planning And Implementation
Project Management, Perspective, Planning And Implementation
 
Pmp project management professional free sample
Pmp project management professional free samplePmp project management professional free sample
Pmp project management professional free sample
 
Final Review
Final ReviewFinal Review
Final Review
 
76 s201905
76 s20190576 s201905
76 s201905
 
Top 3 Challenges in Managing Triple Constraint
Top 3 Challenges in Managing Triple ConstraintTop 3 Challenges in Managing Triple Constraint
Top 3 Challenges in Managing Triple Constraint
 
IRJET- Optimization in Construction Management
IRJET-  	  Optimization in Construction ManagementIRJET-  	  Optimization in Construction Management
IRJET- Optimization in Construction Management
 
Hello Class- This is a very rough draft of the assignment. I have
Hello Class- This is a very rough draft of the assignment. I have Hello Class- This is a very rough draft of the assignment. I have
Hello Class- This is a very rough draft of the assignment. I have
 
MPM621Ch12.pptx project identification A
MPM621Ch12.pptx project identification AMPM621Ch12.pptx project identification A
MPM621Ch12.pptx project identification A
 
A study on the analysis and evaluation of delays in private construction Proj...
A study on the analysis and evaluation of delays in private construction Proj...A study on the analysis and evaluation of delays in private construction Proj...
A study on the analysis and evaluation of delays in private construction Proj...
 

More from Jagat Upadhyay

More from Jagat Upadhyay (6)

Human resource situation analysis in Nepal.pptx
Human resource situation analysis in Nepal.pptxHuman resource situation analysis in Nepal.pptx
Human resource situation analysis in Nepal.pptx
 
Criteria for proper selection of Study area, Population and Sample.pptx
Criteria for proper selection of Study area, Population and Sample.pptxCriteria for proper selection of Study area, Population and Sample.pptx
Criteria for proper selection of Study area, Population and Sample.pptx
 
Epidemiological Perspective of Poliomylitis
Epidemiological Perspective of PoliomylitisEpidemiological Perspective of Poliomylitis
Epidemiological Perspective of Poliomylitis
 
Epidemiological Perspective of Typhoid Fever
Epidemiological Perspective of Typhoid FeverEpidemiological Perspective of Typhoid Fever
Epidemiological Perspective of Typhoid Fever
 
Local Level Health Planning.pptx
Local Level Health Planning.pptxLocal Level Health Planning.pptx
Local Level Health Planning.pptx
 
Age of Socialized Public Health.pptx
Age of Socialized Public Health.pptxAge of Socialized Public Health.pptx
Age of Socialized Public Health.pptx
 

Recently uploaded

Call Girls Bhubaneswar Just Call 9907093804 Top Class Call Girl Service Avail...
Call Girls Bhubaneswar Just Call 9907093804 Top Class Call Girl Service Avail...Call Girls Bhubaneswar Just Call 9907093804 Top Class Call Girl Service Avail...
Call Girls Bhubaneswar Just Call 9907093804 Top Class Call Girl Service Avail...
Dipal Arora
 

Recently uploaded (20)

Premium Call Girls Cottonpet Whatsapp 7001035870 Independent Escort Service
Premium Call Girls Cottonpet Whatsapp 7001035870 Independent Escort ServicePremium Call Girls Cottonpet Whatsapp 7001035870 Independent Escort Service
Premium Call Girls Cottonpet Whatsapp 7001035870 Independent Escort Service
 
Call Girls Coimbatore Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Coimbatore Just Call 9907093804 Top Class Call Girl Service AvailableCall Girls Coimbatore Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Coimbatore Just Call 9907093804 Top Class Call Girl Service Available
 
(Rocky) Jaipur Call Girl - 09521753030 Escorts Service 50% Off with Cash ON D...
(Rocky) Jaipur Call Girl - 09521753030 Escorts Service 50% Off with Cash ON D...(Rocky) Jaipur Call Girl - 09521753030 Escorts Service 50% Off with Cash ON D...
(Rocky) Jaipur Call Girl - 09521753030 Escorts Service 50% Off with Cash ON D...
 
Call Girls Ludhiana Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Ludhiana Just Call 9907093804 Top Class Call Girl Service AvailableCall Girls Ludhiana Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Ludhiana Just Call 9907093804 Top Class Call Girl Service Available
 
Call Girls Bhubaneswar Just Call 9907093804 Top Class Call Girl Service Avail...
Call Girls Bhubaneswar Just Call 9907093804 Top Class Call Girl Service Avail...Call Girls Bhubaneswar Just Call 9907093804 Top Class Call Girl Service Avail...
Call Girls Bhubaneswar Just Call 9907093804 Top Class Call Girl Service Avail...
 
Pondicherry Call Girls Book Now 9630942363 Top Class Pondicherry Escort Servi...
Pondicherry Call Girls Book Now 9630942363 Top Class Pondicherry Escort Servi...Pondicherry Call Girls Book Now 9630942363 Top Class Pondicherry Escort Servi...
Pondicherry Call Girls Book Now 9630942363 Top Class Pondicherry Escort Servi...
 
Night 7k to 12k Chennai City Center Call Girls 👉👉 7427069034⭐⭐ 100% Genuine E...
Night 7k to 12k Chennai City Center Call Girls 👉👉 7427069034⭐⭐ 100% Genuine E...Night 7k to 12k Chennai City Center Call Girls 👉👉 7427069034⭐⭐ 100% Genuine E...
Night 7k to 12k Chennai City Center Call Girls 👉👉 7427069034⭐⭐ 100% Genuine E...
 
💎VVIP Kolkata Call Girls Parganas🩱7001035870🩱Independent Girl ( Ac Rooms Avai...
💎VVIP Kolkata Call Girls Parganas🩱7001035870🩱Independent Girl ( Ac Rooms Avai...💎VVIP Kolkata Call Girls Parganas🩱7001035870🩱Independent Girl ( Ac Rooms Avai...
💎VVIP Kolkata Call Girls Parganas🩱7001035870🩱Independent Girl ( Ac Rooms Avai...
 
Manyata Tech Park ( Call Girls ) Bangalore ✔ 6297143586 ✔ Hot Model With Sexy...
Manyata Tech Park ( Call Girls ) Bangalore ✔ 6297143586 ✔ Hot Model With Sexy...Manyata Tech Park ( Call Girls ) Bangalore ✔ 6297143586 ✔ Hot Model With Sexy...
Manyata Tech Park ( Call Girls ) Bangalore ✔ 6297143586 ✔ Hot Model With Sexy...
 
Call Girls Tirupati Just Call 8250077686 Top Class Call Girl Service Available
Call Girls Tirupati Just Call 8250077686 Top Class Call Girl Service AvailableCall Girls Tirupati Just Call 8250077686 Top Class Call Girl Service Available
Call Girls Tirupati Just Call 8250077686 Top Class Call Girl Service Available
 
Lucknow Call girls - 8800925952 - 24x7 service with hotel room
Lucknow Call girls - 8800925952 - 24x7 service with hotel roomLucknow Call girls - 8800925952 - 24x7 service with hotel room
Lucknow Call girls - 8800925952 - 24x7 service with hotel room
 
The Most Attractive Hyderabad Call Girls Kothapet 𖠋 6297143586 𖠋 Will You Mis...
The Most Attractive Hyderabad Call Girls Kothapet 𖠋 6297143586 𖠋 Will You Mis...The Most Attractive Hyderabad Call Girls Kothapet 𖠋 6297143586 𖠋 Will You Mis...
The Most Attractive Hyderabad Call Girls Kothapet 𖠋 6297143586 𖠋 Will You Mis...
 
(👑VVIP ISHAAN ) Russian Call Girls Service Navi Mumbai🖕9920874524🖕Independent...
(👑VVIP ISHAAN ) Russian Call Girls Service Navi Mumbai🖕9920874524🖕Independent...(👑VVIP ISHAAN ) Russian Call Girls Service Navi Mumbai🖕9920874524🖕Independent...
(👑VVIP ISHAAN ) Russian Call Girls Service Navi Mumbai🖕9920874524🖕Independent...
 
VIP Call Girls Indore Kirti 💚😋 9256729539 🚀 Indore Escorts
VIP Call Girls Indore Kirti 💚😋  9256729539 🚀 Indore EscortsVIP Call Girls Indore Kirti 💚😋  9256729539 🚀 Indore Escorts
VIP Call Girls Indore Kirti 💚😋 9256729539 🚀 Indore Escorts
 
Call Girls Siliguri Just Call 8250077686 Top Class Call Girl Service Available
Call Girls Siliguri Just Call 8250077686 Top Class Call Girl Service AvailableCall Girls Siliguri Just Call 8250077686 Top Class Call Girl Service Available
Call Girls Siliguri Just Call 8250077686 Top Class Call Girl Service Available
 
Call Girls Nagpur Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Nagpur Just Call 9907093804 Top Class Call Girl Service AvailableCall Girls Nagpur Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Nagpur Just Call 9907093804 Top Class Call Girl Service Available
 
Call Girls Bangalore Just Call 8250077686 Top Class Call Girl Service Available
Call Girls Bangalore Just Call 8250077686 Top Class Call Girl Service AvailableCall Girls Bangalore Just Call 8250077686 Top Class Call Girl Service Available
Call Girls Bangalore Just Call 8250077686 Top Class Call Girl Service Available
 
Call Girls Gwalior Just Call 8617370543 Top Class Call Girl Service Available
Call Girls Gwalior Just Call 8617370543 Top Class Call Girl Service AvailableCall Girls Gwalior Just Call 8617370543 Top Class Call Girl Service Available
Call Girls Gwalior Just Call 8617370543 Top Class Call Girl Service Available
 
Call Girls Cuttack Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Cuttack Just Call 9907093804 Top Class Call Girl Service AvailableCall Girls Cuttack Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Cuttack Just Call 9907093804 Top Class Call Girl Service Available
 
Top Rated Bangalore Call Girls Ramamurthy Nagar ⟟ 9332606886 ⟟ Call Me For G...
Top Rated Bangalore Call Girls Ramamurthy Nagar ⟟  9332606886 ⟟ Call Me For G...Top Rated Bangalore Call Girls Ramamurthy Nagar ⟟  9332606886 ⟟ Call Me For G...
Top Rated Bangalore Call Girls Ramamurthy Nagar ⟟ 9332606886 ⟟ Call Me For G...
 

Reducing Project Duration_Jagat Prasad Upadhyay.pptx

  • 1. Reducing Project Duration Presented By: Jagat Prasad Upadhyay MPH (PHSM)3rd Semester School of Health and Allied Sciences (SHAS) Pokhara University
  • 2. Presentation Outline • Introduction • Why reduce project duration • Option for reducing project duration • Project Crashing • Benefits and risk of reducing project duration 8/19/2023 Reducing Project Duration_Jagat_Prasad_Upadhyay 2
  • 3. Reducing Project Duration • Reducing project duration refers to the process of shortening the overall time required to complete a project while maintaining its quality and objectives. • It involves analyzing and modifying various project components, such as task dependencies, resource allocation, scheduling, and project scope, to expedite project completion. 8/19/2023 Reducing Project Duration_Jagat_Prasad_Upadhyay 3
  • 4. Why Reduce Project Duration? • Reduce project duration so as to minimize risks caused by unforeseen delays—for example, adverse weather, design defect, and equipment breakdowns etc. • In recent years emphasis on time-to-market has taken on new importance because of intense global competition and rapid technological advances. 8/19/2023 Reducing Project Duration_Jagat_Prasad_Upadhyay 4
  • 5. Why Reduce Project Duration? • There is a need to complete the project before the planned date to respond customers’ demand (imposed project duration date). • There are times for reassigning key equipment and/or people to new projects. Under these circumstances, the cost of compressing the project can be compared with the costs of not releasing key equipment or people. • Incentives contract (bonus for early completion) 8/19/2023 Reducing Project Duration_Jagat_Prasad_Upadhyay 5
  • 6. Options for Reducing Project Duration Adding Resources: The most common method for shortening project time is to assign additional staff and equipment to activities. There are limits, as to how much speed can be gained by adding staffs. Doubling the size of the workforce will not certainly reduce completion time by half. Outsourcing Project Work: Sometimes the organization subcontract out the project activities to shorten the project time. The subcontractor may have access to superior technology or expertise that will accelerate the completion of the activity. 8/19/2023 Reducing Project Duration_Jagat_Prasad_Upadhyay 6
  • 7. Options for Reducing Project Duration  Establish a Core Project Team: One of the advantages of creating a dedicated core team to complete project in speed. Assigning professionals full time to a project avoids the hidden cost of multi- tasking.  Fast-Tracking: Sometimes it is possible to re-arrange the logic of the project network so that critical activities are done in parallel rather than sequentially. 8/19/2023 Reducing Project Duration_Jagat_Prasad_Upadhyay 7
  • 8. Options for Reducing Project Duration Reducing Project Scope: This refers to limiting the number of features, tasks, or objectives within a project. It's often done to expedite project completion or to align with resource constraints. While reducing scope can indeed shorten the project timeline, it can also lead to a project that doesn't fully meet its initial goals or requirements. Compromise Quality: Reducing quality is always an opinion, but it is rarely used or acceptable. If quality is sacrificed, it may be possible to reduce the time of an activity on the critical path. 8/19/2023 Reducing Project Duration_Jagat_Prasad_Upadhyay 8
  • 9. Project Crashing • Project crashing, also known as schedule compression or time crashing, is a project management technique used to accelerate the completion of a project by reducing its overall duration. • Project crashing is when we shorten the duration of a project by reducing the time of one or more tasks. • Crashing is done by increasing the resources to the project, which helps make tasks take less time than what they were planned for. • This also adds to the cost of the overall project. Therefore, the primary objective of project crashing is to shorten the project while also keeping costs at a minimum. 8/19/2023 Reducing Project Duration_Jagat_Prasad_Upadhyay 9
  • 10. Project Crashing 8/19/2023 Reducing Project Duration_Jagat_Prasad_Upadhyay 10
  • 11. Summary of principles: Determine least expensive way to finish project by earlier date • Focus on the critical path. • Choose least costly (lowest cost slope) alternative to shorten project duration first. • If project duration has not been reduced sufficiently, choose second- cheapest alternative, and so on. • Keep an eye on all non-critical paths. • If a non-critical path becomes critical, reduce activity duration on this path as well in next round. 8/19/2023 Reducing Project Duration_Jagat_Prasad_Upadhyay 11
  • 12. Cost-duration graph 8/19/2023 Reducing Project Duration_Jagat_Prasad_Upadhyay 12
  • 13. Example Activity Starting and finishing event Time (Days) Cost ($) Normal Crash Normal Crash A (1-2) 4 3 60 90 B (1-4) 6 4 150 250 C (1-3) 2 1 38 60 D (2-4) 5 3 150 250 E (3-4) 2 2 100 100 F (2-5) 7 5 115 175 G (4-5) 4 2 100 240 8/19/2023 Reducing Project Duration_Jagat_Prasad_Upadhyay 13 Indirect Cost: 60 per day
  • 14. Network Diagram 11 5 3 4 2 A= 4 B= 6 G= 4 D= 5 C= 2 E= 2 F= 7 8/19/2023 Reducing Project Duration_Jagat_Prasad_Upadhyay 14
  • 15. Network Diagram Possible paths • A-F = 4+7 = 11 days • A-D-G = 4+5+4 = 13 days (Critical path) • B-G = 6+4 = 10 days • C-E-G = 2+2+4 = 8 days Normal Project completion time 13 days Direct Cost = 713 days Indirect cost = 13*60 = 780 days Normal Project cost = direct cost + indirect cost = 713+(13*60) = 1493 8/19/2023 Reducing Project Duration_Jagat_Prasad_Upadhyay 15
  • 16. Cost Slope Calculation formula The cost per unit of time or slope for any activity is computed by the following: Crash cost – Normal cost Normal Time – Crash Time 8/19/2023 Reducing Project Duration_Jagat_Prasad_Upadhyay 16 Cost Slope = Crashing Limit = Normal Time- Crash Time
  • 17. Cost Slope Table Activities Crash cost per day (Cost slope) Δc/Δt [$] Maximum Possible Crashing Δt (Crashing Limit) A (90-60)/(4-3) = 30 4-3 = 1 B (250-150)/(6-4) = 50 6-4 = 2 C (60-38)/(2-1) = 22 2-1 = 1 D (250-150)/(5-3) = 50 5-3 = 2 E (100-100)/(2-2) = 0 2-2 = 0 F (175-115)/(7-5) = 30 7-5 = 2 G (240-100)/(4-2) = 70 4-2 = 2 8/19/2023 Reducing Project Duration_Jagat_Prasad_Upadhyay 17
  • 18. Crashing Table 8/19/2023 Reducing Project Duration_Jagat_Prasad_Upadhyay 18 Crashing A-F A-D-G B-G C-E-G Direct cost Indirect cost Total cost Before Crashing 11 13 10 8 713 780 1493 1st Crashing, A by 1 day 10 12 10 8 743 720 1463 2nd Crashing, D by 1 day 10 11 10 8 793 660 1453 3rd Crashing, D by 1 day 10 10 10 8 843 600 1443 4th Crashing, G by 1 day & F by 1 day 9 9 9 7 943 540 1483 5th Crashing, G by 1 day & F by 1 day 8 8 8 6 1043 480 1523 Optimal project completion time = 10 days Optimal project cost = $1443
  • 19. Benefits of reducing project duration • Increased speed to market: This can be a major benefit for businesses that are competing in fast-paced industries. • Reduced costs: By completing the project sooner, you can save on indirect costs such as overhead and staffing. • Improved customer satisfaction: Customers are often more satisfied with projects that are delivered on time or early. • Increased flexibility: Having a shorter project duration gives you more flexibility to respond to changes in the environment. . 8/19/2023 Reducing Project Duration_Jagat_Prasad_Upadhyay 19
  • 20. Risks of reducing project duration • Quality Compromise: Speeding up the project may lead to cutting corners or sacrificing quality. This can result in defects, rework, and customer dissatisfaction in the long run. • Increased risk of errors: When we compress the schedule, there is a greater risk that errors will be made. • Increased resource contention: When we try to complete a project in a shorter timeframe, we may need to use more resources, which can lead to conflicts and delays. 8/19/2023 Reducing Project Duration_Jagat_Prasad_Upadhyay 20
  • 21. Risks of reducing project duration • Increased stress on team members: Putting pressure on team members to complete the project in a shorter timeframe can lead to stress and burnout. • Communication and Coordination Challenges: Shorter project durations may require more frequent communication and coordination among team members 8/19/2023 Reducing Project Duration_Jagat_Prasad_Upadhyay 21
  • 22. References • Chapter Nine Reducing Project Duration (https://universe.bits pilani.ac.in/uploads/Chapter%209%20%20Reducing%20Project%20D uration_5e.pdf • Project Crashing by Nitin Kulkarni (https://youtu.be/srb6yzbcu80) 8/19/2023 Reducing Project Duration_Jagat_Prasad_Upadhyay 22
  • 23. 8/19/2023 Reducing Project Duration_Jagat_Prasad_Upadhyay 23

Editor's Notes

  1. Expedite: speed up
  2. This has heightened the need for businesses to launch their products or services as swiftly as possible to secure a competitive edge. Rapid Technological Advances: Technological advancements are occurring at an unprecedented pace. New technologies can disrupt existing markets or create entirely new ones.
  3. Outsourcing: External expert ल्याउने
  4. Crash Objective: Understand the purpose of project crashing and establish the objectives. Determine whether project acceleration is necessary due to scope changes or other factors. Evaluate workforce usage and potential outsourcing. Critical Path: Identify the critical path, which represents the sequence of activities that determines the project's overall duration. Activities on the critical path are the focus for crashing efforts. Identify Activities: Not all activities can be effectively crashed. Focus on activities that can be realistically accelerated without compromising quality or incurring excessive costs. Prioritize activities that are both critical path tasks and suitable for crashing. Calculate Costs: Determine the additional costs associated with crashing each activity. Compare these costs to determine the most cost-effective crashing strategy. Balancing time savings with increased expenses is crucial. Find Crash Limits: Each activity has a limit beyond which it cannot be crashed further without adverse effects. Understanding these limits helps set realistic expectations for project acceleration. Choose the Economic Option: Based on the cost calculations and crash limits, identify the optimal crashing strategy. Determine which activities to target and to what extent they should be crashed to achieve the desired project completion date while maintaining reasonable costs. Get Approval from Sponsors: Present your crashing plan to project sponsors and key stakeholders. Explain the rationale behind the chosen crashing strategy, highlighting the benefits, costs, and expected outcomes. Obtain approval before implementing the plan.
  5. For Activity A crash cost per day would be $30 per day We can crash activity A only 1 day
  6. We should Crash only critical activities Which activities crash first depend on the cost, where ever the cost is minimum we will start with that activity During multiple critical path While doing next crashing all the equal path should be reduced simultaneously