[Question] Does the 14-month vaccine safety test make sense for COVID-19?

I was first wondering why, if we keep hearing about teams rapidly generating vaccines for COVID-19, the common wisdom is that it will take 18 months to start vaccinating at a large scale.

Turns out that the scaling up takes a few months, but the real blocker is the Phase 1 trial, which requires monitoring patient health for 14 months after vaccination.

Doesn’t it seem like the cost-benefit analysis changes a bit if we’re in the midst of a pandemic? Wouldn’t it be worth cutting it down to e.g. 3 months before at least vaccinating the highest-risk populations? Is anyone official even thinking about this?