Your boss wants you to propose ideas on how to significantly cut the schedule on a...

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General Management

Your boss wants you to propose ideas on how to significantly cutthe schedule on a project (e.g. crash the schedule) by reallocationof resources. Explain the notion of “crashing a schedule” and howone can determine if investments require will have any positiveeffect at all.

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1 There are two recommended techniques to compress the schedule of a project They are a Crashing the project b Fast Tracking the project 2 Crashing means addition of resources whereas Fast Tracking means performing some activities of the project in parallel 3 Fast Tracking usually increases project Risk while Crashing increases project cost Since the boss has asked me to cut the schdule by reallocation of resources I would do the following stepwise 1 Make a table of all activities See Answer

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