SOFTWARE PROJECT MANAGEMENT
PROJECT SCHEDULING AND TRACKING
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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To meet regulatory requirements, you need to crash your project schedule. Your first step is to compute-
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The cost and time slope for each critical activity that can be expedited
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The cost of additional resources to be added to the project’s critical path
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The time saved in the overall schedule when tasks are expedited on the critical path
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Three probabilistic time estimates of PERT for each critical path activity
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Explanation:
Detailed explanation-1: -Project crashing in project management is a method used to speed up a project’s timeline by adding additional resources without changing the scope of the project.
Detailed explanation-2: -Delays are common in project management; fast-tracking and crashing are techniques to compress the schedule and adhere to the original scope as much as possible. Fast-tracking involves completing activities simultaneously while crashing consists of adding resources to a project to complete it faster.
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