Certified Governance Risk and Compliance (CGRC) Practice Exam 2025 - Free CGRC Practice Questions and Study Guide

In the context of project management, the technique of crashing specifically involves accelerating a project schedule by adding resources to activities or decreasing their duration. This approach is typically employed when there is a need to recover lost time and bring the project back on track to meet deadlines. Crashing allows project managers to focus on critical path activities, ensuring that the time lost due to delays can be compensated for by intensifying efforts or allocating additional resources.

This technique is strategic in that it directly targets the areas causing delays, enabling faster project completion while considering the additional costs that might incur due to the extra resources. In scenarios where time is of the essence, crashing can often provide a solution that minimizes the impact of delays on overall project timelines.

The other options do not align with the goal of recovering lost time in the same way. Mitigation involves reducing the impact or likelihood of a risk but does not directly address time lost. Acceptance refers to acknowledging the risk and planning around it without active measures to recover lost time. Transference involves shifting the risk to a third party, such as through outsourcing, which does not mitigate delays in the project schedule directly. Thus, crashing stands out as the most appropriate technique for the situation described.