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    pmpc expt 10

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    Mayur Pawar
    pmpc

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    pmpc expt 10

    Uploaded by

    Mayur Pawar
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    pmpc

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    © © All Rights Reserved

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    pmpc

    Copyright:

    © All Rights Reserved
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    Download as docx, pdf, or txt
    0 views5 pages

    pmpc expt 10

    Uploaded by

    Mayur Pawar
    pmpc

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 5

    Experiment no.

    10
    Module 5: Project Monitoring & Cost Control
    Experiment Title: Project Crashing and Trade-Off Analysis

    Objective The objective of this experiment is to understand time-cost trade-offs in


    construction project management and apply project crashing techniques to reduce
    project duration while minimizing additional costs. This experiment will provide
    insights into the process of analyzing and adjusting project schedules to optimize
    the balance between time and cost.

    Task :

     Select a network diagram of a construction project, including tasks, durations, and costs.
     Perform crashing analysis to shorten the project timeline, considering cost implications.

     Update the project schedule and cost estimates after applying crashing techniques.

    Deliverable:

    A comprehensive report including:

     Crashing analysis with updated schedules and cost estimates.


     A network diagram showing the original and crashed schedules.
     A detailed explanation of the time-cost trade-offs and the steps involved
    in the crashing process.
     Visuals such as Gantt charts or network diagrams that display the before
    and after of project crashing.

    Experiment Title: Project Crashing and Trade-Off Analysis

    Objective: The objective of this experiment is to understand time-cost trade-offs in


    construction project management and apply project crashing techniques to reduce project
    duration while minimizing additional costs. This experiment will provide insights into the
    process of analysing and adjusting project schedules to optimize the balance between time
    and cost.

    MAYUR PAWAR Roll no.13


    Task:

     Select a network diagram of a construction project, including tasks, durations, and


    costs.
     Perform crashing analysis to shorten the project timeline, considering cost
    implications.
     Update the project schedule and cost estimates after applying crashing techniques.

    Deliverable: A comprehensive report including:

    1. Crashing analysis with updated schedules and cost estimates.


    2. A network diagram showing the original and crashed schedules.
    3. A detailed explanation of the time-cost trade-offs and the steps involved in the
    crashing process.
    4. Visuals such as Gantt charts or network diagrams that display the before and after of
    project crashing.

    Steps to Complete the Experiment

    1. Project Overview

    For this experiment, let’s consider a hypothetical construction project to build a multi-story
    residential building. The project involves several critical tasks, including design, foundation
    construction, superstructure work, and finishing. Each of these tasks has associated durations
    and costs.

    Example Tasks:

     Architectural Design
     Structural Design
     Site Preparation
     Foundation Work
     Superstructure Construction
     MEP (Mechanical, Electrical, Plumbing) Installation
     Finishing and Handover

    We will apply project crashing techniques to reduce the overall project duration while
    examining the associated increase in project costs.

    2. Create the Initial Network Diagram

    Before performing the project crashing, we need an initial network diagram of the
    construction project. This network will show the tasks, their durations, dependencies, and
    costs.

    MAYUR PAWAR Roll no.13


    Task Task Name Duration (days) Cost ($)
    ID
    1 Architectural Design 15 15,000
    2 Structural Design 20 18,000
    3 Site Preparation 10 10,000
    4 Foundation Work 30 25,000
    5 Superstructure Construction 40 40,000
    6 MEP Installation 25 20,000
    7 Finishing and Handover 20 15,000

    Note: These are example values; adjust the durations and costs based on the specific project
    being studied.

    3. Perform Project Crashing Analysis

    Project crashing is the process of reducing the project’s duration by shortening task durations,
    typically by adding more resources. While crashing reduces time, it usually increases costs,
    so the challenge is to find the optimal balance between time reduction and additional costs.

    Let’s examine the project duration and determine where crashing would have the most
    significant impact. The following steps outline the crashing process:

     Step 1: Identify the critical path in the project network. This is the longest path
    through the network, and any delay on the critical path will delay the entire project.
     Step 2: Determine which tasks on the critical path can be crashed. Each task will have
    a “crash cost,” which is the cost of reducing the task duration by one day.
     Step 3: Calculate the potential crash time for each task and evaluate the cost of
    crashing each task.
     Step 4: Apply the crashing analysis. Crashing can involve extending working hours,
    increasing the number of workers, or using more equipment. Adjust the project
    schedule by shortening the durations of tasks on the critical path.

    Example of Project Crashing

    Let’s assume that we are focusing on the Foundation Work (Task 4) and the
    Superstructure Construction (Task 5), which are critical tasks in the network.

    1. Foundation Work (Task 4):


    o Original duration: 30 days.
    o Crashed duration: 25 days (with additional workers and overtime).
    o Crash cost: An additional $5,000.
    2. Superstructure Construction (Task 5):
    o Original duration: 40 days.
    o Crashed duration: 35 days (with additional resources and equipment).

    MAYUR PAWAR Roll no.13


    o Crash cost: An additional $8,000.

    After applying the crashing techniques, the project duration is reduced from 140 days to 135
    days.

    4. Update the Network Diagram and Schedule

    The project schedule will be adjusted to reflect the new, shortened task durations.
    Additionally, the costs will be updated to include the crash costs for the affected tasks.

    Task Task Name Original Crashed Original Crashed


    ID Duration Duration Cost ($) Cost ($)
    (days) (days)
    1 Architectural 15 15 15,000 15,000
    Design
    2 Structural Design 20 20 18,000 18,000
    3 Site Preparation 10 10 10,000 10,000
    4 Foundation Work 30 25 25,000 30,000
    5 Superstructure 40 35 40,000 48,000
    Construction
    6 MEP Installation 25 25 20,000 20,000
    7 Finishing and 20 20 15,000 15,000
    Handover

    MAYUR PAWAR Roll no.13


    Deliverables

    1. Crashing Analysis Report:


    o Detailed analysis of the tasks selected for crashing.
    o Cost-benefit analysis, showing the balance between reduced project time and
    the additional costs incurred.
    2. Updated Schedule:
    o A revised project schedule showing the updated task durations and the crash
    costs.
    o Visual representations such as network diagrams and Gantt charts to show the
    effects of crashing.

    Learning Outcome:

    Through this experiment, students will:

    1. Learn how to analyze time-cost trade-offs in construction project management.


    2. Understand the process of project crashing and the impact it has on both project
    duration and cost.
    3. Gain practical experience in adjusting project schedules and costs to achieve an
    optimized balance.
    4. Develop skills in using project management software to conduct crashing analysis and
    visualize the results.

    Conclusion

    In this experiment, we demonstrated how to apply project crashing techniques to reduce the
    overall duration of a construction project while analyzing the associated costs. By focusing
    on critical tasks and optimizing resources, project managers can make informed decisions
    about project schedules and costs. The time-cost trade-off analysis is crucial for managing
    construction projects effectively and ensuring that deadlines are met without exceeding the
    project budget.

    MAYUR PAWAR Roll no.13

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