Case Study Assignment Help On Project Crashing
Advantages and Disadvantage of Crashing
According to Australia university experts of case study assignment help, crashing refers to a technique in which cost and schedule tradeoffs are created in order to obtain the greatest amount of schedule compression for the least incremental cost (Schwalbe, 2010). With
the help of crashing process expected duration of a process can be reduced. Even the best project schedules generally encounter difficulties in terms of resource considerations and a business decision that also impact on their completion date or mandate a shortened project (Budd & Budd, 2010). The main benefit of crashing a project is that it allows the project manager to generate alternatives and costs for different changes in the project.
There are different ways such as devote additional resources to certain activities and reduce the project’s complexity by eliminating some of its intermediate objectives or reducing its technical scope by which a project can be crashed (Jones, 2007). The main advantage of crashing a project is that it shortened the time it takes to complete a project. At the same time, the main disadvantage of crashing is that it increases the total project costs (Schwalbe, 2010). In crashing, more resources are added to activities on the critical path in order to complete the project earlier. It is the reason that when crashing a project, costs are added as the labor expenses increase.
Crash a project
If project managers identify that the overall project or part of it is still too long, they need to crash the project by considering an alternative approach or by adding more resources (Jones, 2007). Thus, when a project manager wants to minimize the normal duration of a project, it makes sense to crash a project. Similarly, when mangers want to ensure balanced and uniform requirement of resources, they used project crashing. In addition to this, in order to spare the resources at an early time for its use to some more profitable activities, crashing of project is done by project managers.
There are also some risks associated with the crashing of project. In order to decrease the project duration, crashing increases the project cost. In crashing, there is need to manage more people and more concurrent activities or both and it is the reason that it increases risk significantly (Verzuh, 2003). In addition our online assignment help experts says that, if crashing of a project results in multiple critical paths, the probability of meeting project goals decreases. At the same time, when project managers are investing in crashing the schedule, if the schedule probability of each path in the network diagram does not increase, they are also investing in schedule risk. Crashing projects do not guarantee higher efficiency (Biafore & Stover, 2012). It can also impact on the quality of results as it is possible that the new team members added to project team are not enough trained to complete the task effectively. Further, these risks can also reduce the compatibility of final results.
Biafore, B. & Stover, T. (2012). Your Project Management Coach: Best Practices for Managing Projects in the Real World. USA: John Wiley & Sons.
Budd, C. I. & Budd, C. S. (2010). A Practical Guide to Earned Value Project Management. USA: Management Concepts.
Jones, R. (2007). Project Management Survival: A Practical Guide to Leading, Managing and Delivering Challenging Projects. UK: Kogan Page Publishers.
Schwalbe, K. (2010). Information Technology Project Management. USA: Cengage Learning.
Verzuh, E. (2003). The Portable MBA in Project Management. USA: John Wiley & Sons.