Crash Cost given Cost Slope Solution

STEP 0: Pre-Calculation Summary
Formula Used
Crash Cost = (Cost Slope*(Normal Time-Crash Time))+Normal Cost
CC = (CS*(NT-CT))+NC
This formula uses 5 Variables
Variables Used
Crash Cost - Crash Cost is the cost associated when the project is completed with the crash time of the project.
Cost Slope - The Cost Slope is defined as the in­crease in the cost of the activity per unit decrease in the time.
Normal Time - (Measured in Day) - Normal Time is the amount of time initially planned to complete the activity.
Crash Time - (Measured in Day) - Crash Time is the amount of time that activity will take if the additional resources are expended.
Normal Cost - Normal Cost is the cost associated when the project is completed within the normal time.
STEP 1: Convert Input(s) to Base Unit
Cost Slope: 100 --> No Conversion Required
Normal Time: 7 Day --> 7 Day No Conversion Required
Crash Time: 6 Day --> 6 Day No Conversion Required
Normal Cost: 300 --> No Conversion Required
STEP 2: Evaluate Formula
Substituting Input Values in Formula
CC = (CS*(NT-CT))+NC --> (100*(7-6))+300
Evaluating ... ...
CC = 400
STEP 3: Convert Result to Output's Unit
400 --> No Conversion Required
FINAL ANSWER
400 <-- Crash Cost
(Calculation completed in 00.004 seconds)

Credits

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Created by Chandana P Dev
NSS College of Engineering (NSSCE), Palakkad
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Verified by Mithila Muthamma PA
Coorg Institute of Technology (CIT), Coorg
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5 Time Cost Relation Calculators

Crash Time given Slope
​ Go Crash Time = -(((Crash Cost-Normal Cost)/Cost Slope)-Normal Time)
Crash Cost given Cost Slope
​ Go Crash Cost = (Cost Slope*(Normal Time-Crash Time))+Normal Cost
Normal Cost given Slope
​ Go Normal Cost = Crash Cost-(Cost Slope*(Normal Time-Crash Time))
Normal Time given Slope
​ Go Normal Time = ((Crash Cost-Normal Cost)/Cost Slope)+Crash Time
Cost Slope
​ Go Cost Slope = (Crash Cost-Normal Cost)/(Normal Time-Crash Time)

Crash Cost given Cost Slope Formula

Crash Cost = (Cost Slope*(Normal Time-Crash Time))+Normal Cost
CC = (CS*(NT-CT))+NC

What is Cost Optimization?

The Cost Optimization is a process that should be carried out throughout the construction period to ensure that the cost of the building is kept within the estimated cost limits. Cost optimization of a project involves the collecting and measuring the cost record of a project and the work progress.

How to Calculate Crash Cost given Cost Slope?

Crash Cost given Cost Slope calculator uses Crash Cost = (Cost Slope*(Normal Time-Crash Time))+Normal Cost to calculate the Crash Cost, The Crash Cost given Cost Slope formula is defined as the direct cost corresponding to the completion of an activity within crash time. Crash Cost is denoted by CC symbol.

How to calculate Crash Cost given Cost Slope using this online calculator? To use this online calculator for Crash Cost given Cost Slope, enter Cost Slope (CS), Normal Time (NT), Crash Time (CT) & Normal Cost (NC) and hit the calculate button. Here is how the Crash Cost given Cost Slope calculation can be explained with given input values -> 400 = (100*(604800-518400))+300.

FAQ

What is Crash Cost given Cost Slope?
The Crash Cost given Cost Slope formula is defined as the direct cost corresponding to the completion of an activity within crash time and is represented as CC = (CS*(NT-CT))+NC or Crash Cost = (Cost Slope*(Normal Time-Crash Time))+Normal Cost. The Cost Slope is defined as the in­crease in the cost of the activity per unit decrease in the time, Normal Time is the amount of time initially planned to complete the activity, Crash Time is the amount of time that activity will take if the additional resources are expended & Normal Cost is the cost associated when the project is completed within the normal time.
How to calculate Crash Cost given Cost Slope?
The Crash Cost given Cost Slope formula is defined as the direct cost corresponding to the completion of an activity within crash time is calculated using Crash Cost = (Cost Slope*(Normal Time-Crash Time))+Normal Cost. To calculate Crash Cost given Cost Slope, you need Cost Slope (CS), Normal Time (NT), Crash Time (CT) & Normal Cost (NC). With our tool, you need to enter the respective value for Cost Slope, Normal Time, Crash Time & Normal Cost and hit the calculate button. You can also select the units (if any) for Input(s) and the Output as well.
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