Project Duration Reduction Methods

Project Duration Reduction Methods

In this video, we will look into the problem of project duration, what the effects are when the project duration is too long and how to reduce the project duration.

When we calculate the duration of the project and compare it with the available time, we may encounter the issue that the problem duration is too long. Problems may include fines, loss of reputation, and other issues. It is therefore important to identify methods to reduce project duration.

When reducing the duration of a project, we also reduce the level of effort costs like project management. It is clear that by reducing the project duration,, we also reduce the need for the project team and the related costs.

When looking at duration reduction, we can identify two main methods: activity crashing and fast-tracking.

#activitycrashing #fasttracking #pmp #pmi #capm