When Might a Company Choose To Crash a Project (Coursework Sample)

Unit 3 Discussion Question 3
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When Might a Company Choose To Crash a Project?
A firm may decide to crash a project in case the initial time estimates are not accurate. In addition, the firm can crash the project if the project falls behind in terms of schedule, or in case the project conclusion date is moved. In all of these cases, the project cannot be accomplished within the given time frame or original schedule. Crashing will expedite the activities in order to operate within the new completion dates. Crashing is also recommended in case the project incurs late penalties or fees. In such a case, it is cost effective to crash the project and its activities than pay the additional fees. It is also important to crash a project in case it jeopardizes the main steps in the schedule (Meredith & Mantel, 2012). For instance, during a commissioning phase and a number of companies are scheduled to commence working within a time frame, it is important to crash the project if one of the components is missing. The missing component will cost the project more money and it may lead to the reorganization of the phase. Crashing a project is also considered when a project team is required to perform another project, which is time critical.
A number of factors must be considered when deciding whether to crash a project. The first factor is whether the initial schedule is too optimistic. This means that in case the project cannot be completed within the provided timeframe, it is important to consider crashing. The second factor is ch...