Crashing the CPM Schedule in MSP – 1 Hour

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Lunch & Learn Webinar — Using a past project example, Project Managers will learn balancing impact of cost increases with schedule compression. This predictive method of CPM Scheduling should not be overlooked while balancing Agile, Scrum, and other progressive methodology in managing major endeavors.  A simple representative office renovation project is presented supporting the arrival of a newly incoming University Dean. A timeline is provided for the project’s completion – renovation of the Dean’s office, before their arrival and start.  As in all things, change occurs, beyond the control of the project team, leaving the project manager and scheduler to respond to the change.

Of course approving overtime for all the resources supporting the work is a go-to-solution, but at what costs? Understanding the critical path, and activity duration reduction, permits optimal balance of schedule recovery, while minimizing cost escalation. This presentation provides information on that balance of cost and time.