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While crashing an activity in the critical path, the project cost would Ops: A. B. C. Increase and the indirect cost would decrease decrease and the indirect cost would decrease Increase and the indirect cost would increase D. O decrease and the indirect cost would increase?
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While crashing an activity in the critical path, the project cost woul...
Impact of Crashing an Activity in the Critical Path on Project Cost
When a project manager decides to crash an activity in the critical path, it means that they are taking steps to shorten the duration of that activity. However, this decision will have an impact on the project cost as well. In this context, let us discuss the impact of crashing an activity in the critical path on project cost.
Increase in Direct Cost
The direct cost of a project includes the cost of labor, materials, equipment, and other resources required to complete the project. When an activity in the critical path is crashed, it often involves adding more resources to that activity. For example, if the project manager wants to shorten the testing phase, they may need to hire more testers or work overtime to complete the testing phase in a shorter time. This will increase the direct cost of the project.
Increase in Indirect Cost
The indirect cost of a project includes the cost of overheads, such as rent, utilities, insurance, and other administrative expenses. When an activity in the critical path is crashed, it may also impact the indirect cost of the project. For example, if the project manager wants to shorten the testing phase, they may need to work overtime, which will increase the cost of utilities and other overheads.
Therefore, when an activity in the critical path is crashed, it is likely to increase the project cost, both in terms of direct and indirect cost.
Conclusion
In conclusion, when a project manager decides to crash an activity in the critical path, they need to consider the impact on the project cost. While it may help to shorten the project duration, it is likely to increase the project cost as well. Therefore, the project manager needs to weigh the benefits of crashing an activity against the cost and make an informed decision.
When a project manager decides to crash an activity in the critical path, it means that they are taking steps to shorten the duration of that activity. However, this decision will have an impact on the project cost as well. In this context, let us discuss the impact of crashing an activity in the critical path on project cost.
Increase in Direct Cost
The direct cost of a project includes the cost of labor, materials, equipment, and other resources required to complete the project. When an activity in the critical path is crashed, it often involves adding more resources to that activity. For example, if the project manager wants to shorten the testing phase, they may need to hire more testers or work overtime to complete the testing phase in a shorter time. This will increase the direct cost of the project.
Increase in Indirect Cost
The indirect cost of a project includes the cost of overheads, such as rent, utilities, insurance, and other administrative expenses. When an activity in the critical path is crashed, it may also impact the indirect cost of the project. For example, if the project manager wants to shorten the testing phase, they may need to work overtime, which will increase the cost of utilities and other overheads.
Therefore, when an activity in the critical path is crashed, it is likely to increase the project cost, both in terms of direct and indirect cost.
Conclusion
In conclusion, when a project manager decides to crash an activity in the critical path, they need to consider the impact on the project cost. While it may help to shorten the project duration, it is likely to increase the project cost as well. Therefore, the project manager needs to weigh the benefits of crashing an activity against the cost and make an informed decision.
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While crashing an activity in the critical path, the project cost would Ops: A. B. C. Increase and the indirect cost would decrease decrease and the indirect cost would decrease Increase and the indirect cost would increase D. O decrease and the indirect cost would increase?
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While crashing an activity in the critical path, the project cost would Ops: A. B. C. Increase and the indirect cost would decrease decrease and the indirect cost would decrease Increase and the indirect cost would increase D. O decrease and the indirect cost would increase? for Computer Science Engineering (CSE) 2024 is part of Computer Science Engineering (CSE) preparation. The Question and answers have been prepared according to the Computer Science Engineering (CSE) exam syllabus. Information about While crashing an activity in the critical path, the project cost would Ops: A. B. C. Increase and the indirect cost would decrease decrease and the indirect cost would decrease Increase and the indirect cost would increase D. O decrease and the indirect cost would increase? covers all topics & solutions for Computer Science Engineering (CSE) 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for While crashing an activity in the critical path, the project cost would Ops: A. B. C. Increase and the indirect cost would decrease decrease and the indirect cost would decrease Increase and the indirect cost would increase D. O decrease and the indirect cost would increase?.
While crashing an activity in the critical path, the project cost would Ops: A. B. C. Increase and the indirect cost would decrease decrease and the indirect cost would decrease Increase and the indirect cost would increase D. O decrease and the indirect cost would increase? for Computer Science Engineering (CSE) 2024 is part of Computer Science Engineering (CSE) preparation. The Question and answers have been prepared according to the Computer Science Engineering (CSE) exam syllabus. Information about While crashing an activity in the critical path, the project cost would Ops: A. B. C. Increase and the indirect cost would decrease decrease and the indirect cost would decrease Increase and the indirect cost would increase D. O decrease and the indirect cost would increase? covers all topics & solutions for Computer Science Engineering (CSE) 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for While crashing an activity in the critical path, the project cost would Ops: A. B. C. Increase and the indirect cost would decrease decrease and the indirect cost would decrease Increase and the indirect cost would increase D. O decrease and the indirect cost would increase?.
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