Time Management

Compressing the Project

 Crashing
Compressing the Project
 Crashing
$1,000.00
Normal
Cost &
$750.00 Duration
Activity Costs

$500.00

$250.00

$0.00
0 5 10

Duration (Days)
 Crash
Crashing Cost &
Duration
$1,000.00

$750.00
Activity Costs

$500.00

$250.00

$0.00
0 5

Duration (Days)
 Crash
Crashing Cost &
Duration
$1,250.00
Normal
Cost &
$1,000.00
Duration
Activity Costs

$750.00

$500.00

$250.00

$0.00
0 5 10

Duration (Days)
 Crash
Crashing Cost &
Duration
$1,250.00
Normal
Cost &
$1,000.00
Duration
Activity Costs

$750.00

$500.00 Slope Or
Amount per = $500 / 5 days = $100
$250.00 Day per day

$0.00
0 5 10

Duration (Days)
 Crashing
$1,250.00

$1,000.00
Activity Costs

$750.00

$500.00

$250.00

$0.00
0 5 10

Duration
 Crashing
Direct costs
Maximum
Normal Crash Crash
ID Time Cost Time Cost Slope Tim
A 5 $500 4 $600 $100 1

B 10 $1200 6 $2000 $200 4

C 13 $3600 11 $4800 $600 2

D 3 $300 1 $600 $150 2

E 9 $1000 8 $1400 $400 1

F 10 $2400 8 $5400 $1500 2

G 5 $700 5 $700 $0 0
 Crashing
B E
10 9

D
A 3 G
5 5
C F
13 10

A->C->F->G = 33
 Crashing
A->B->E->G = 29
B E
10 9

D
A 3 G
5 5
C F
13 10

A->C->F->G = 33
 Crashing
A->B->E->G = 29
B E
10 9 A->B->D->E->G = 32

D
A 3 G
5 5
C F
13 10

A->C->F->G = 33
 Crashing
A->B->E->G = 29
B E
10 9 A->B->D->E->G = 32

D
A 3 G
5 5
C F
13 10

A->C->F->G = 33
DUR: 33
 Crashing
Direct costs
Maximum
Normal Crash Crash
ID Time Cost Time Cost Slope Time
A 5 $500 4 $600 $100 1

B 10 $1200 6 $2000 $200 4

C 13 $3600 11 $4800 $600 2

D 3 $300 1 $600 $150 2

E 9 $1000 8 $1400 $400 1

F 10 $2400 8 $5400 $1500 2

G 5 $700 5 $700 $0 0

$9700
 Crashing
A->B->E->G = 29
B E
10 9 A->B->D->E->G = 32

D
A 3 G
5 5
C F
13 10

A->C->F->G = 33
DUR: 33
$9700
 Crashing
A->B->E->G = 29
B E
10 9 A->B->D->E->G = 32

D
A 3 G
5 5x
C F
13 10
Max
ID Slope Crash A->C->F->G = 33
A $100 1
C $600 2 DUR: 33
F $1500 2 $9700
G $0 0
 Crashing
A->B->E->G = 28
B E
10 9 A->B->D->E->G = 31

D
A 3 G
4x 5x
C F
13 10
Max
ID Slope Crash A->C->F->G = 32
A $100 1
C $600 2 DUR: 32
F $1500 2 $9700+$100=$9800
G $0 0
 Crashing
A->B->E->G = 28
B E
10 9 A->B->D->E->G = 31

D
A 3 G
4x 5x
C F
12 10
Max
ID Slope Crash A->C->F->G = 31
A $100 1
C $600 1 DUR: 31
F $1500 2 $9700+$100+$600=$10,400
G $0 0
 Crashing
A->B->E->G = 28
B E
10 9 A->B->D->E->G = 31

D
A 3 G
4x 5x
C F
12 10
Max
ID Slope Crash A->C->F->G = 31
A $100 1
C $600 1 DUR: 31
F $1500 2 $9700+$100+$600=$10,400
G $0 0
 Crashing
A->B->E->G = 28
B E
10 9 A->B->D->E->G = 31

D
A 3 G
4x 5x
C F
12 10
Max
ID Slope Crash A->C->F->G = 31
B $200 4
C $600 1 DUR: 31
D $150 2 $9700+$100+$600=$10,400
E $400 1
 Crashing
A->B->E->G = 28
B E
10 9 A->B->D->E->G = 31

D
A 3 G
4x 5x
C F
12 10
Max
ID Slope Crash A->C->F->G = 31
B $200 4
C $600 1 DUR: 31
D $150 2 $9700+$100+$600=$10,400
E $400 1
 Crashing
A->B->E->G = 28
B E
10 9 A->B->D->E->G = 30

D
A 2 G
4x 5x
C F
11x 10
Max
ID Slope Crash A->C->F->G = 30
B $200 4
DUR: 30
C $600 1
D $150 1
$9700+$100+$600+$600+150=$
E $400 1 11,150
 Crashing
Direct Costs

15000

11250
$11,150.00
$10,400.00
$9,800.00 $9,700.00
7500

3750

0
28 30 31 32 33
 Crashing
Direct Costs

12000

11250

$11,150.00

10500

$10,400.00

9750
$9,800.00
$9,700.00

9000
28 30 31 32 33
 Crashing
Direct Costs

15000

11250
$11,150.00
$10,400.00
$9,800.00 $9,700.00
7500

3750

0
28 30 31 32 33
Optimum Crashing
Cost/Time
Direct Costs Cost w Incentive

15000

11250
$11,150.00
$10,400.00
$9,800.00 $9,700.00
7500 $8,400.00 $8,800.00
$8,150.00

3750

0
28 30 31 32 33
 Crashing
Direct Costs

15000

11250
$11,150.00
$10,400.00
$9,800.00 $9,700.00
7500

3750

0
28 30 31 32 33
Optimum Crashing
Cost/Time
Direct Costs Indirect Total Costs

15000

11250
$12,550.00
$12,000.00 $11,600.00 $11,700.00
$11,150.00
$10,400.00
$9,800.00 $9,700.00
7500

3750

$1,600.00 $1,800.00 $2,000.00

$1,400.00
0
28 30 31 32 33
Optimum Crashing
Cost/Time
Indirect Costs Direct Costs Total Costs

50

37.5

25

12.5

0
0 2 4 6 8 10 12 14 16 18 20
 Crashing

Pros Cons

• Reduces project time • Increases Direct

Costs
• Can find optimum
project time. • Increased
Management Time

• May Increate Risk