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Question:

The sponsor of your project announced during a company town hall that a new high-priority project will be kicking off in the next quarter. Since resources are scarce, this news is distressing. To address this, you initiate preventive measures and assemble subject matter experts to analyze ways to compress the project schedule and complete it before the launch of the next project. What activity is this?

A Fast tracking.
explanation

Compressing or shortening the project schedule is referred to as fast-tracking.

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