Civil Engineering (CE) Exam > Civil Engineering (CE) Questions > Consider the following statements:Crashing a ...
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Consider the following statements:
Crashing a project in terms of its duration would result in
1. an increase in the indirect cost
2. a decrease in the indirect cost
3. a decrease in the direct cost
4. an increase in the direct cost
Crashing a project in terms of its duration would result in
1. an increase in the indirect cost
2. a decrease in the indirect cost
3. a decrease in the direct cost
4. an increase in the direct cost
Which of these statements are correct?
- a)2 and 4
- b)2 and 3
- c)1 and 3
- d)1 and 2
Correct answer is option 'A'. Can you explain this answer?
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Verified Answer
Consider the following statements:Crashing a project in terms of its d...
Crasing reduces duration and therefore indirect cost decreases while direct cost increase.
Most Upvoted Answer
Consider the following statements:Crashing a project in terms of its d...
Crashing a project refers to the process of shortening the project duration by applying additional resources or other measures. When a project is crashed, there are certain impacts on the costs associated with the project. Let's analyze each statement to determine which ones are correct.
1. An increase in the indirect cost:
- The indirect costs of a project are those costs that are not directly related to the physical construction or production of the project deliverables. These costs include overhead expenses, administrative costs, and other miscellaneous expenses.
- When a project is crashed, additional resources may be required, such as overtime pay, expedited shipping, or increased supervision. These additional resources can lead to an increase in indirect costs.
- Therefore, statement 1 is correct.
2. A decrease in the indirect cost:
- As explained above, crashing a project typically leads to an increase in indirect costs. Therefore, statement 2 is incorrect.
3. A decrease in the direct cost:
- The direct costs of a project are those costs that are directly associated with the physical construction or production of the project deliverables. These costs include labor, materials, equipment, and other direct expenses.
- Crashing a project may require additional resources, which can lead to an increase in direct costs. For example, hiring additional workers or renting additional equipment can increase the direct costs.
- Therefore, statement 3 is incorrect.
4. An increase in the direct cost:
- As discussed above, crashing a project usually results in an increase in direct costs due to the need for additional resources. Therefore, statement 4 is correct.
In summary, the correct statements are 2 and 4. Crashing a project can lead to an increase in both indirect costs (statement 1) and direct costs (statement 4), while there is no decrease in either indirect costs (statement 2) or direct costs (statement 3).
1. An increase in the indirect cost:
- The indirect costs of a project are those costs that are not directly related to the physical construction or production of the project deliverables. These costs include overhead expenses, administrative costs, and other miscellaneous expenses.
- When a project is crashed, additional resources may be required, such as overtime pay, expedited shipping, or increased supervision. These additional resources can lead to an increase in indirect costs.
- Therefore, statement 1 is correct.
2. A decrease in the indirect cost:
- As explained above, crashing a project typically leads to an increase in indirect costs. Therefore, statement 2 is incorrect.
3. A decrease in the direct cost:
- The direct costs of a project are those costs that are directly associated with the physical construction or production of the project deliverables. These costs include labor, materials, equipment, and other direct expenses.
- Crashing a project may require additional resources, which can lead to an increase in direct costs. For example, hiring additional workers or renting additional equipment can increase the direct costs.
- Therefore, statement 3 is incorrect.
4. An increase in the direct cost:
- As discussed above, crashing a project usually results in an increase in direct costs due to the need for additional resources. Therefore, statement 4 is correct.
In summary, the correct statements are 2 and 4. Crashing a project can lead to an increase in both indirect costs (statement 1) and direct costs (statement 4), while there is no decrease in either indirect costs (statement 2) or direct costs (statement 3).
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