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Chapter 9 Reduce Project Duration

Chapter 9 Reduce Project Duration

Chapter 9 Reduce Project Duration

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Explanation of <strong>Project</strong> Costs• <strong>Project</strong> Indirect Costs–Costs that cannot be associated with anyparticular work package or project activity.• Supervision, administration, consultants, and interest–Costs that vary (increase) with time.• Reducing project time directly reduces indirect costs.• <strong>Project</strong> Direct Costs–Normal costs that can be assigned directly toa specific work package or project activity.• Labor, materials, equipment, and subcontractors–Crashing activities increases direct costs.9–5

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