Fast-Tracked Projects
David G. Carmichael · 2005
The primary benefit of fast-tracking is a reduced schedule, quicker completion time for the project, and hence earlier delivery of the end-product. The downside with fast-tracking is the associated peculiar managerial problems. These may not be an issue if the project work is routine and well understood, but in other cases these problems could manifest themselves in, for example, deadlines not being met, extra work, rework and increased costs and resources. Actual experiments cannot be carried out comparing non fast-tracked and fast-tracked projects because of the unique nature of projects and the multiple variables present in a project that influence a project&s;s outcome. In order to be able to respond to changing conditions as the project progresses, some flexibility in planning is needed. Planning, as for regular projects is carried out, but in addition could be expected to evolve more as the project progresses.