Answered Essay: What are the disadvantages of "Fast Tracking" and "Crashing"?

What are the disadvantages of “Fast Tracking” and “Crashing”?

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Crashing and Fast Tracking are Schedule Compression Techniques. Schedule compression is used when you want to shorten the duration of your project without changing project scope. This is useful in those situations when you have fallen behind the original schedule and now need to “catch up”, or if you want to finish sooner because a competitor is working on the same type of product and you want to be first to market. It may also be a strategic decision to complete a project more quickly than originally scheduled based on other factors.

The benefit of fast tracking is that it does not cost you any extra money; however, it comes with some increase in risks as you are now performing many activities in parallel which were originally planned in sequence. When you start this schedule compression process, you will initially get more reduction in duration with less cost input. However, as you continue with this process, the cost increases at a very fast rate with a smaller reduction in time.

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