Certified Governance Risk and Compliance (CGRC) Practice Exam 2026 - Free CGRC Practice Questions and Study Guide

Fast tracking a project involves overlapping phases that would typically be completed in sequence, aiming to shorten the project timeline. This acceleration can lead to an increase in risks associated with the project.

When phases of a project are executed simultaneously rather than sequentially, unforeseen issues may arise due to the interdependencies between tasks. For instance, if a design phase is not fully complete before construction begins, there may be errors or rework required later, potentially leading to delays and additional costs. Also, communication breakdowns can occur when teams are working concurrently without all the necessary information. Consequently, the rapid pace can diminish the oversight and controls ordinarily in place, thereby elevating the risk of project failure, scope creep, or not meeting quality requirements.

While fast tracking can also influence human resource needs and costs, the most immediate and notable consequence is the heightened risk profile due to the compressed timeline and the complexity it introduces.