Normal Cost when Slope is Known Calculator

Main Category	Engineering ↺
Engineering	Civil ↺
Civil	Construction Practice, Planning and Management ↺
Construction Practice, Planning and Management	Time Cost Relation ↺

✖The Cost slope is defined as the increase in the cost of the activity per unit decrease in the time.ⓘ Cost slope [CS]			+10% -10%
✖Normal time is the amount of time initially planned to complete the activity.ⓘ Normal time [NT]			+10% -10%
✖Crash time is the amount of time that activity will take if the additional resources are expended.ⓘ Crash time [CT]			+10% -10%
✖Crash cost is the cost associated when the project is completed with the crash time of the project.ⓘ Crash cost [CC]			+10% -10%

✖The normal cost is the cost associated when the project is completed within the normal time.ⓘ Normal Cost when Slope is Known [NC]

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Credits

Chandana P Dev

NSS College of Engineering (NSSCE), Palakkad

Chandana P Dev has created this Calculator and 400+ more calculators!

Mithila Muthamma PA

Coorg Institute of Technology (CIT), Coorg

Mithila Muthamma PA has verified this Calculator and 300+ more calculators!

Normal Cost when Slope is Known Solution

STEP 0: Pre-Calculation Summary

Formula Used

normal_cost = -((Cost slope*(Normal time-Crash time))-Crash cost)
NC = -((CS*(NT-CT))-CC)
This formula uses 4 Variables

Variables Used

Cost slope- The Cost slope is defined as the increase in the cost of the activity per unit decrease in the time.
Normal time - Normal time is the amount of time initially planned to complete the activity. (Measured in Day)
Crash time - Crash time is the amount of time that activity will take if the additional resources are expended. (Measured in Day)
Crash cost- Crash cost is the cost associated when the project is completed with the crash time of the project.

STEP 1: Convert Input(s) to Base Unit

Cost slope: 100 --> No Conversion Required
Normal time: 3 Day --> 259200 Second (Check conversion here)
Crash time: 2 Day --> 172800 Second (Check conversion here)
Crash cost: 400 --> No Conversion Required

STEP 2: Evaluate Formula

Substituting Input Values in Formula

NC = -((CS*(NT-CT))-CC) --> -((100*(259200-172800))-400)

Evaluating ... ...

NC = -8639600

STEP 3: Convert Result to Output's Unit

-8639600 --> No Conversion Required

FINAL ANSWER

-8639600 <-- Normal cost

(Calculation completed in 00.031 seconds)

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Normal Cost when Slope is Known

< 5 Other formulas that you can solve using the same Inputs

Crash Time when Slope is Known

crash_time = -(((Crash cost-Normal cost)/Cost slope)-Normal time) Go

Crash Cost when Cost Slope is Known

crash_cost = (Cost slope*(Normal time-Crash time))+Normal cost Go

Normal Time when Slope is Known

normal_time = ((Crash cost-Normal cost)/Cost slope)+Crash time Go

Cost Slope

cost_slope = (Crash cost-Normal cost)/(Normal time-Crash time) Go

Crashing

cost_slope = (Crash cost-Normal cost)/(Normal time-Crash time) Go

Normal Cost when Slope is Known Formula

normal_cost = -((Cost slope*(Normal time-Crash time))-Crash cost)
NC = -((CS*(NT-CT))-CC)

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 Normal Cost when Slope is Known?

Normal Cost when Slope is Known calculator uses normal_cost = -((Cost slope*(Normal time-Crash time))-Crash cost) to calculate the Normal cost, The Normal Cost when Slope is Known defines the direct cost required to complete the activity with normal time. Normal cost and is denoted by NC symbol.

How to calculate Normal Cost when Slope is Known using this online calculator? To use this online calculator for Normal Cost when Slope is Known, enter Cost slope (CS), Normal time (NT), Crash time (CT) and Crash cost (CC) and hit the calculate button. Here is how the Normal Cost when Slope is Known calculation can be explained with given input values -> -8639600 = -((100*(259200-172800))-400).

FAQ

What is Normal Cost when Slope is Known?

The Normal Cost when Slope is Known defines the direct cost required to complete the activity with normal time and is represented as NC = -((CS*(NT-CT))-CC) or normal_cost = -((Cost slope*(Normal time-Crash time))-Crash 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 and Crash cost is the cost associated when the project is completed with the crash time of the project.

How to calculate Normal Cost when Slope is Known?

The Normal Cost when Slope is Known defines the direct cost required to complete the activity with normal time is calculated using normal_cost = -((Cost slope*(Normal time-Crash time))-Crash cost). To calculate Normal Cost when Slope is Known, you need Cost slope (CS), Normal time (NT), Crash time (CT) and Crash cost (CC). With our tool, you need to enter the respective value for Cost slope, Normal time, Crash time and Crash 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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