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Reducing Project Duration - Coggle Diagram
Reducing Project Duration
Outsourcing
Find better technology or experts to accelerate the completion of project activities
Find better technology or experts to accelerate the completion of project activities
Indirect costs
Costs that cannot be associated with any particular work package or project activity
Costs that vary (increase) with time
Fast-tracking
Fast-tracking is a technique where activities that would have been performed sequentially using the original schedule are performed in parallel.
Direct costs
Normal costs that can be assigned directly to a specific work package or project activity
Crashing activities increases direct costs.
Project cost–duration graph
Find total direct costs for selected project durations
Find total indirect costs for selected project durations
Sum direct and indirect costs for these selected project durations
Compare additional cost alternatives for benefits
Determining Activities to Shorten
Crashing
Reduce the normal time of an activity
Crash time
The shortest possible time for an activity to be completed
Crash point
Represents the maximum time value that an activity can be reduced