What is meant by the term "fast tracking" in project management?

The term "fast tracking" in project management refers to the technique of starting construction activities before the design is fully completed. This approach allows for parts of the project to progress simultaneously rather than sequentially, ultimately reducing the overall project duration. By overlapping different phases, such as design and construction, project managers can mitigate delays associated with waiting for the design to be finalized. This method is particularly useful in projects with tight deadlines or when time savings can lead to significant cost benefits or competitive advantages.

While options might involve different strategies relating to project timelines or costs, the essence of fast tracking is centered around the overlap of design and construction phases to expedite the completion of a project.