When might a firm choose to crash a project? What factors must be considered in making this decision?
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When might a firm choose to crash a project? What factors must be considered in making this decision? What are some of the indirect costs of crashing? Provide an example that explains your answer.
Focusing on the execution phase of the project life cycle, what are some of the tools you might use to ensure the project is managed properly and project quality is maintained throughout? Of the tools you identified, which do you feel is most useful to you in project quality management? Explain your answer.
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When might a firm choose to crash a project? What factors must be considered in making this decision? What are some of the indirect costs of crashing? Provide an example that explains your answer.
As per home.snc.edu, "Project crashing is a method for shortening the project duration by reducing the time of one or more of the critical project activities to less than its normal activity time. The object crashing is to reduce project duration while minimizing the cost of crashing." Hence Crashing refers to the execution of the project in reduced time or expediting the project schedule. Firm might choose to crash a project to meet the revised new deadline of the project. Factors which must be considered in making the above decision is the trade off between time and cost. Some of the indirect costs of crashing are indirect labour costs and other overheads. For example, Normal time period of execution of Project X is say 12 weeks. Project Crashing will be to execute the Project X in 8 weeks by reducing the duration between different project activities and by ...
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