M9: Cost Crasing

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Last updated 12:20 PM on 9/22/26
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7 Terms

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Cost Crasing

shorrten the duration of project by reducing the time of one or more task

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Fast tracking

when you overlap task that where originally scheduled to run seperately

3
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Critical Path Analysis

Focus on shortening critical tasks. since only they directly impact project completiob

4
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Identify Task

list all task, consult team members, and determine which critical path task can be shortened

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Evaluate tradeoffs

assess the cost of adding resources versus the time saved, climbing forminimal budget strain

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Decide on Appraoch

choose the most cost effective option that maximize value for the extra expense

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Set a Budget

Update the projects baseline, schedule, and resources plan to reflect the crashing strategy.