If I have fast pregnancies, is it possible to schedule induced labor to reduce complications from precipitous delivery.

Sure - talk to OBGYN. Precipitous labor and deliveries in your past make the request for elective labor induction at 39-40 weeks completely reasonable and legitimate. Talk to your obstetrician to see if that can be arranged; if not, seek second opinion. Best of luck!
Ask your provider. Some women with a history of rapid labors will opt for an induction after 39 weeks. This is usually done to reduce the chance of delivery at home or en route to the hospital. Even with prior fast labors there is usually time to get to the hospital but this depends on the distance and conditions. Even if just for convenience and peace of mind, it is worth discussing the risks and benefits.