crashing a project Flashcards
define project crashing
a method for shortening the duration of a project by reducing the time of one or more of the critical project activities to less than its normal time by devoting more resources to the activities to be crashed.
what situations requite project crashing
1.project delays and penalties are imposed
2. to avoid delays in upcoming phases of the project.
where there are resources that have not been assigned to any project.
3. where theirs incentives for earlier completion.
4. where a part of the project can be outsourced.
5. where some of the project team needs to be moved to another project.
explain the linear time /cost trade off for an activity
the project direct cost will increase if you decrease its duration but the indirect cost will decrease
explain the project time -cost relationship
steps in project crashing
1.draw the project network
2.identify the critical path
complete the cost scope for each activity.cost slope=crash cost(normal cost/normal duration) - crash duration.