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Chapter 9 REDUCING PROJECT DURATION

Chapter Outline 1. Rationale for Reducing Project Duration 2. Options for Accelerating Project Completion A. Options When Resources Are Not Constrained i. Adding Resources ii. Outsourcing Project Work iii. Scheduling Overtime iv. Establish a Core Project Team v. Do It TwiceFast and Correctly B. Options When Resources Are Constrained i. Fast-Tracking ii. Critical-Chain iii. Reducing Project Scope iv. Compromise Quality 3. Project Cost-Duration Graph 4. Constructing a Project Cost-Duration Graph A. Determining the Activities to Shorten B. A Simplified Example 5. Practical Considerations A. Using the Project Cost-Duration Graph

B. Crash Times C. Linearity Assumption D. Choice of Activities to Crash Revisited E. Time Reduction Decisions and Sensitivity 6. What if Cost, Not Time, Is the Issue? A. Reduce Project Scope B. Have Owner Take on More Responsibility C. Outsourcing Project Activities or Even the Entire Project D. Brainstorming Cost Savings Options 7. Summary 8. Key Terms 9. Review Questions 10. Exercises 11. Case: International Capital, Inc.Part B 12. Case: Whitbread World Sailboat Race 13. Case: Nightingale ProjectA 14. Case: Nightingale ProjectB 15. Case: The Now WeddingPart A 16. Case: The Now WeddingPart B

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