Definition:
Schedule compression is a project management technique used to shorten the project timeline without changing the project scope. It is typically applied when a project is running behind schedule or when an earlier completion date is required due to business demands, regulatory requirements, or stakeholder expectations. Schedule compression can be achieved through two primary methods:
- Fast Tracking – This involves performing tasks in parallel that were initially planned to be sequential. While this approach can save time, it also increases the likelihood of errors, rework, and dependencies-related risks.
- Crashing – This method requires adding extra resources to critical tasks to accelerate progress. While effective in reducing the schedule duration, crashing usually increases costs due to higher labor expenses, overtime, or procurement of additional materials.
Schedule compression is an essential tool for project managers dealing with time constraints, but it must be used carefully to avoid compromising quality, efficiency, and cost-effectiveness.
