crashing - A project schedule compression technique used to decrease the project duration with minimal additional cost. A number of alternatives are analyzed, including the assignment of additional resources
Quick Correction: It's crashing, not crushing. Crashing is compressing the project schedule to finish the project earlier.
Project managers can prevent the risk of a project crashing and ensure successful completion by carefully planning and monitoring the project timeline, setting realistic goals and deadlines, identifying potential risks early on, and implementing effective communication and problem-solving strategies throughout the project. Additionally, having a skilled and cohesive team, utilizing project management tools and techniques, and adapting to changes as needed can help mitigate risks and increase the chances of project success.
Crashing is a project schedule compression technique in which cost and schedule tradeoffs are analyzed to decrease the project duration with minimal additional cost. A number of alternatives are analyzed, including the assignment of additional resources. Approving overtime pay for project resources is another example of crashing. For ex: Let us say you create your Project's initial schedule in February and it works out to 12 months. But, your Project Sponsor wants it completed before Christmas this year which means you have only 9 months. You will use Crashing to reduce the overall project schedule to finish the work according to the revised dates Sometimes, you may realize after a few months into the Project that your work isnt going at the pace as planned and hence you may assign extra resources to bring work back to track. This too will be considered Crashing
Since there is no such thing as "administrative strategy" in project management, then I assume you mean just company strategy and Project Management. This essentially means that the projects have to align with the strategy of the company.
I do not see it as being different. Project management methodology and sound practices can be applied to all projects. That doesn't mean the projects work breakdown won't look different for a construction project versus an software project. But he 'management' of the project should follow the same or similar methodology.
Quick Correction: It's crashing, not crushing. Crashing is compressing the project schedule to finish the project earlier.
crashing - A project schedule compression technique used to decrease the project duration with minimal additional cost. A number of alternatives are analyzed, including the assignment of additional resources
This is a vague term that can mean multiple things (in Project Management):- PMP Exam: Project Management Professional Exam- Project Audit: Your project being audited/examined
Project managers can prevent the risk of a project crashing and ensure successful completion by carefully planning and monitoring the project timeline, setting realistic goals and deadlines, identifying potential risks early on, and implementing effective communication and problem-solving strategies throughout the project. Additionally, having a skilled and cohesive team, utilizing project management tools and techniques, and adapting to changes as needed can help mitigate risks and increase the chances of project success.
what is PC 1 related to project management
I assume you mean the people issues in project management. Please see the attached link.
Crashing is a project schedule compression technique in which cost and schedule tradeoffs are analyzed to decrease the project duration with minimal additional cost. A number of alternatives are analyzed, including the assignment of additional resources. Approving overtime pay for project resources is another example of crashing. For ex: Let us say you create your Project's initial schedule in February and it works out to 12 months. But, your Project Sponsor wants it completed before Christmas this year which means you have only 9 months. You will use Crashing to reduce the overall project schedule to finish the work according to the revised dates Sometimes, you may realize after a few months into the Project that your work isnt going at the pace as planned and hence you may assign extra resources to bring work back to track. This too will be considered Crashing
Crashing cost refers to the expenses incurred when a project is expedited to complete it more quickly than originally planned. This typically involves allocating additional resources, such as hiring extra labor or paying for overtime, which increases the overall project cost. The goal of incurring these costs is to reduce the project timeline while minimizing the impact on project quality and overall objectives. Effective project management involves analyzing whether the benefits of faster completion outweigh the additional crashing costs.
Since there is no such thing as "administrative strategy" in project management, then I assume you mean just company strategy and Project Management. This essentially means that the projects have to align with the strategy of the company.
Although project Management is a subset of both, quite often Construction Management can mean the same thing as Construction Project Management.
I do not see it as being different. Project management methodology and sound practices can be applied to all projects. That doesn't mean the projects work breakdown won't look different for a construction project versus an software project. But he 'management' of the project should follow the same or similar methodology.
Project Cost Management Project Quality Management Project Human Resource Management Project Communications Management Project Risk Management Project Procurement Management Project Stakeholder Management