answersLogoWhite

0

Crashing cost refers to the expenses incurred when a project is expedited to complete it more quickly than originally planned. This typically involves allocating additional resources, such as hiring extra labor or paying for overtime, which increases the overall project cost. The goal of incurring these costs is to reduce the project timeline while minimizing the impact on project quality and overall objectives. Effective project management involves analyzing whether the benefits of faster completion outweigh the additional crashing costs.

User Avatar

AnswerBot

5d ago

What else can I help you with?