Lecture 7 (Crashing) Flashcards
1
Q
Why is crashing used
A
To accelerate a project
2
Q
What are the primary methods for crashing
A
- Change work methods
- Compromise quality/ reduce scope
- Institute fast-tracking
- Work overtime
- Increase the quantity of resources
3
Q
Crashing Process
A
1) Identify fixed and variable costs of activities
2) Crash point is a fully expedited activity
3) Optimise time-cost trade-offs
4) Shorten CP activities only
4
Q
When should you cease crashing
A
- Target completion time is reached
- Crashing cost exceeds penalty cost
5
Q
How do you calculate the cost of crashing
A
Crash cost - normal cost / normal time - crash time