You work as a project manager for BlueWell Inc. There has been a delay in your project work that is adversely affecting the project schedule. You decided, with your stakeholders’ approval, to fast track the project work to get the project done faster. When you fast track the project which of the following is likely to increase?
A.
Quality control concerns
B.
Risks
C.
Costs
D.
Human resource needs
Explanation:
Fast tracking allows entire phases of the project to overlap with each other and generally increases risks within the project. Project risk is concerned with the expected value of one or more results of one or more future events in a project. It is an uncertain condition that, if it occurs, has an effect on at least one project objective. Objectives can be scope, schedule, cost, and quality. Project risk is always in the future.
Answer option A is incorrect. Quality control concerns are not usually affected by fast tracking decisions.
Answer option C is incorrect. Costs do not generally increase due to fast tracking decisions.
Answer option D is incorrect. Human resource needs are not affected by fast tracking in most scenarios.
Reference: "Project Management Body of Knowledge (PMBOK Guide), Fourth Edition"