Project Management - Crashing - Example 1

  Рет қаралды 655,444

maxus knowledge

maxus knowledge

Күн бұрын

In this video, you will learn how to crash a project in order to reduce the overall project completion time.

Пікірлер: 135
@clementbravo600
@clementbravo600 7 жыл бұрын
Cette vidéo a changé ma vie, je ne verrai plus le monde de la même manière maintenant. Juste un mot: wow !
@Tito5014
@Tito5014 8 жыл бұрын
Great Video! You have helped me prepare for my exam. I've watched several of your videos and you can explain parts most teachers cannot.
@drsheikh
@drsheikh 10 жыл бұрын
Excellent presentation ... great patience, good pace, crisp use of language.
@woemygod
@woemygod 9 жыл бұрын
I am going to give my semester exams after watching this video and skipping the entire chapter.. Good luck to me and thank you so so much for explaining it so clearly.!
@mohsins.3851
@mohsins.3851 4 жыл бұрын
So tell us what happened ?
@alialshuwaikhat3749
@alialshuwaikhat3749 3 жыл бұрын
Tell us if you remembered what happened and you're still around
@yousefahmedmoqbel9932
@yousefahmedmoqbel9932 3 жыл бұрын
@@mohsins.3851 اhahahah
@Barbs-ix2jg
@Barbs-ix2jg 9 жыл бұрын
AMAZING!! Thank you! Having my exam in 3 days and Ive finally understood this topic! :)
@danishk4172
@danishk4172 2 жыл бұрын
R u alive?
@zerahgeorge
@zerahgeorge 9 жыл бұрын
AMAZING! So clear, wish you were my lecturer! :)
@nabilalhetari2885
@nabilalhetari2885 8 жыл бұрын
thank you sooooooooooooooooooooo much you are perfect. I have studied this for a whole semester at school but the teacher mixed it so bad. My final exam is tomorrow and I guarantee the grade of this question after I watched you. Many thanks
@mollymolly9447
@mollymolly9447 7 жыл бұрын
Did you do well. I have mine tumoro ,.... :P
@sauravpaudel6176
@sauravpaudel6176 7 жыл бұрын
hah. how did it go? mine is also tomorrow.
@ThunderWhispers
@ThunderWhispers 8 жыл бұрын
Great video, it explained a lot for my exam!!
@dhavalmehta310
@dhavalmehta310 7 жыл бұрын
Lol how many of you're here on this page just because you're having exams?
@shahfaisal6104
@shahfaisal6104 6 жыл бұрын
Dhaval Mehta And the teacher is useless
@msjahun
@msjahun 6 жыл бұрын
I have exams in five minutes time lol
@muhammadhamzabaig1416
@muhammadhamzabaig1416 5 жыл бұрын
Of course everyone. Who sees this type of video as a hobby :D
@lavanyakunderu4376
@lavanyakunderu4376 5 жыл бұрын
Me too my semester is in 2 days.
@ladysantoslima5536
@ladysantoslima5536 5 жыл бұрын
Dz
@maxusknowledge
@maxusknowledge 10 жыл бұрын
Hi Amina, The normal cost for Activity A is $10,000. And the activity can be crashed by a maximum of 2 weeks. Also, what we have been given in the example is that after crashing, by 2 weeks, the cost of performing the activity is $11,000. Now, we are crashing activity A by 2 weeks and hence, the cost of performing the activity is $10000 + (2weeks*$500) = $11000 . Hope this clarifies.
@inzhimomi
@inzhimomi 9 жыл бұрын
maxus knowledge That was a difficult network diagram, you elaborated it very well. Thanks.
@dhavalmehta310
@dhavalmehta310 7 жыл бұрын
Thanks. It explained me my whole semester in half an hour.
@FahadAyon
@FahadAyon 9 жыл бұрын
got quiz on saturday u made my day man thanks
@alexisj3271
@alexisj3271 9 жыл бұрын
This has been very helpful. I just think activity-on-arrow is a lot more confusing than activity-on-node.
@SavasPapasokratis
@SavasPapasokratis 3 жыл бұрын
yes.. same
@athulmurali
@athulmurali 11 жыл бұрын
that was awesome! I am really thankful for u! U r doing a great job! watched ur video on FF,IF,IDF,TF calc... Now i will b able to clear my operational research paper! because of u! :)
@nahacinom
@nahacinom 9 жыл бұрын
thank you for this! it all makes sense now
@vemana007
@vemana007 8 жыл бұрын
why do you complicate so much with dummy activities instead of a simple AON diagram
@irferf
@irferf 8 жыл бұрын
+Vemana Hemanth I was thinking the same thing haha... to me this would've been a perfect video if he used AON
@Gaming-withnolimits
@Gaming-withnolimits 5 ай бұрын
❤ this question is given to us as assignment in 2024😮
@rafandralazuardi9463
@rafandralazuardi9463 9 жыл бұрын
Nice Video GREAT JOB
@chindohboy6480
@chindohboy6480 2 жыл бұрын
Thanx for helping me to understand this concept clearly & hopely am going to do better in my coming exam🤝
@maxusknowledge
@maxusknowledge 2 жыл бұрын
All the best for your exam !
@adiahmad68
@adiahmad68 9 жыл бұрын
We fully crash the weeks for activity A here Amina..so just take the crash cost...if we are not fully crash for example in activity D, we just add up the additional cost with the normal cost..☺️
@madhumalineearyaratna6293
@madhumalineearyaratna6293 5 жыл бұрын
thaaaannnnkkkkk you so muccchhhh!!!! this video just saved my life!! you are awesome!!!!
@kapishmaurya8405
@kapishmaurya8405 Жыл бұрын
beautifully explained
@khyatisahni5171
@khyatisahni5171 3 жыл бұрын
Very well explained sir this is a tricky question
@d1top
@d1top 3 жыл бұрын
Best explanation ever. Thanks.
@marshallgilbert3064
@marshallgilbert3064 2 жыл бұрын
Yes, this video is good, but it is not covering all the types. I found another channel. The creator of that channel has covered all types of crashing problems. Here's the link to that channel. Check it out. kzbin.info/door/N5H-e09obqdrFHtM8I7DJw
@aminasalma9475
@aminasalma9475 10 жыл бұрын
dear sir.... in the last step for total cost, you have not added the crashing cost for activity A, you have just added 11,000, but for forgot to add the extra cost ie (2days*500)=1000...hence for activity A the cost is 12,000 and therefore the total cost of the project is 98,000
@icyyadao1084
@icyyadao1084 8 жыл бұрын
Thanks for uploading your video lecture and I have learned a lot from it! :)
@MegaVijay1
@MegaVijay1 7 жыл бұрын
Ok what do you when you have 2 critical path s say 28 & 22 do you pick the largest one? What happens if have 2 critical paths of 22?
@reetikaaggarwal2587
@reetikaaggarwal2587 6 жыл бұрын
Hi Can you please tell what to do if activity is in critical path and the normal time of that activity is less than crash time of that activity?
@belalshawky5338
@belalshawky5338 4 жыл бұрын
Sir What will happen if there is zero cost slope and also zero decreasing weeks in one of the critical path Activities?!
@bluedragon5221
@bluedragon5221 9 жыл бұрын
Really helpful !
@mthokozisidlamini9754
@mthokozisidlamini9754 5 жыл бұрын
Im confused by the "32" week normal time comment. Isn't the project duration the critical path duration?
@Ff-gs1kt
@Ff-gs1kt 5 жыл бұрын
would you explain what is Network Interaction Limit(NIL) in project crashing thanks
@nyashamutero6755
@nyashamutero6755 4 жыл бұрын
activity B was crushed because its on the critical path ,how come the crashing cost was not included???
@gutterkingx
@gutterkingx 10 жыл бұрын
Thank you! This helped a lot.
@AnushkaEkanayake001
@AnushkaEkanayake001 10 жыл бұрын
Good job..thanks a lot
@AbidYassin
@AbidYassin 5 жыл бұрын
what if i have ativities with lower cost than the activities of the CPM, may i use them to crash ? or is it obligation to crash with only CPM . ? thanks in advance
@engrwasifullah5662
@engrwasifullah5662 2 жыл бұрын
u saved me
@ajitmenonm
@ajitmenonm 8 жыл бұрын
Something confusing about the extra cost per week column.. Say we are talking about activity B Initially the cost per week is 6000/3=2000 But if it's crashed to 2 weeks, the cost per week would be 9000/2 = 4500 so Isn't the increase in the cost per week 2500 and not 3000 or have I gone wrong somewhere?
@maxusknowledge
@maxusknowledge 8 жыл бұрын
You are correct. The cost incurred per week would be 4500 if it is crashed to 2 weeks from 3 weeks. However, in the given example, we need to find out the 'increase' in cost per week due to crashing. So, for activity B, the normal cost of completion is $6000. However, when we crash it so that it can be completed in 2 weeks, the cost of completion of the activity becomes $9000. So, the increase in cost of completion of the activity is $9000-$6000 = $3000. And since the time is reduced by only one wk (3-2), the increment in cost per week is $3000/1 = $3000. Hope this explains.
@ajitmenonm
@ajitmenonm 8 жыл бұрын
only later did I realize that it is the cost slope Got it Thanx
@borealis312
@borealis312 8 жыл бұрын
the font is very small. not visible if you are watching it on your phone
@manishchoudhary6575
@manishchoudhary6575 9 жыл бұрын
good lecture
@KhadijaAlGheithy
@KhadijaAlGheithy 8 жыл бұрын
I wanted when we crash a week/day, can we choose how many days to crash? Like 1 or 2? Or there's only specific time that we can crash?
@YevgeniyShcherbakov
@YevgeniyShcherbakov 7 жыл бұрын
jalena johnson It is up to you. If you can crash for 4 or 10 weeks, then you better have money for it. Crashing increases you building power at additional cost.
@mazayatk4258
@mazayatk4258 4 жыл бұрын
how comes 11000$ in the firist asctivity???
@parikize
@parikize 5 жыл бұрын
Plz make a video of Resource Smoothing in project Evaluations only 2/3 Question r there in PM & could not understand it.
@profederalism3652
@profederalism3652 7 жыл бұрын
is there a tutorial for crash algorithm method ??
@SudarakaMallawaArachchi
@SudarakaMallawaArachchi 11 жыл бұрын
Thanks a lot... It was really helpful :)
@kirubelmoges5976
@kirubelmoges5976 3 жыл бұрын
Thank you 🙏
@Spikeh1199
@Spikeh1199 5 жыл бұрын
What if there wasn’t any normal cost in the given question ? How it can be solved ? Someone answer me, this is urgent.
@naveentiwari72
@naveentiwari72 8 жыл бұрын
@maxusknowledge sir you didnt crash the activity F as it had the second lowest value...and there was a possibilitty of crashing
@wangbho9069
@wangbho9069 8 жыл бұрын
Activity F is no point of crashing since it won't reduce the total project duration. Always remember on shortening project is to go with the critical path for we can reduce the total project duration.
@Ecotell
@Ecotell 8 жыл бұрын
Sir,can I have cd of your lectures on project management and operation research
@BrockDM1
@BrockDM1 7 жыл бұрын
Do you teach Economics at Illinois State University? You sound exactly like one of my Econ professors
@maxusknowledge
@maxusknowledge 7 жыл бұрын
No. I am a management professional.
@tamseelshahjahan4568
@tamseelshahjahan4568 9 жыл бұрын
what is the software used
@calvintk4433
@calvintk4433 6 жыл бұрын
tthank you my Guy
@alq9957
@alq9957 4 жыл бұрын
Thank you
@hanifghani4963
@hanifghani4963 3 жыл бұрын
The reason why god create indian people
@ANDREWSAMY562
@ANDREWSAMY562 7 жыл бұрын
thank you!
@bhaweshaakhiri9498
@bhaweshaakhiri9498 5 жыл бұрын
Dikhayi nhi de rha hai sir
@nevionathanael3000
@nevionathanael3000 6 жыл бұрын
Thankss!
@m_ptl
@m_ptl 7 жыл бұрын
please spread the sheet to full screen
@tamalemed8679
@tamalemed8679 7 жыл бұрын
interesting
@valsouza3131
@valsouza3131 Жыл бұрын
Hacer exercise en Espanhol
@omarsaleh6361
@omarsaleh6361 5 жыл бұрын
activity c=3 not 2
@alokshukla3374
@alokshukla3374 7 жыл бұрын
why not activity f its 1000
@aniket875
@aniket875 6 жыл бұрын
Bcz Activity F is not belong to Critical path.
@dhavalmehta310
@dhavalmehta310 7 жыл бұрын
Everyone who are here, their professors sucked at teaching things. :D lmao
@tabigetachew8338
@tabigetachew8338 2 жыл бұрын
me
@buxardiaries1995
@buxardiaries1995 6 жыл бұрын
dont make us fools ,try some tough questions
@maxusknowledge
@maxusknowledge 6 жыл бұрын
We have put 4 examples on Project management - crashing. Please visit the website www.maxusknowledge.com to access these videos under Operations Research -> Project Management section
@SS-pn7ss
@SS-pn7ss 6 ай бұрын
Thank you so much for the amazing video
@Poojadshah99
@Poojadshah99 4 жыл бұрын
Thank you
@MUSICAL_E
@MUSICAL_E 9 жыл бұрын
Great examples and you made it very easy to understand the crashing process. Thank you!
@mhmdbilani
@mhmdbilani 5 жыл бұрын
thanks a lot! i have an exam tomorrow in Project management and planning...
@Shams95200
@Shams95200 5 жыл бұрын
We can solve this question with the help of only 2 dummy which is easier
@APSACSAcademy
@APSACSAcademy Жыл бұрын
Why did you draw dummy from B & C for Activity E. Since E is directly dependent on B&C shouldn't it have real activity?
@rahimirahman3268
@rahimirahman3268 3 жыл бұрын
My Professor played this video during our class and I had to rewatch it again as I wasn't focusing while he played the video :')
@maxusknowledge
@maxusknowledge 3 жыл бұрын
Thanks a lot for the feedback. Where are you based out of and which course are you pursuing?
@rahimirahman3268
@rahimirahman3268 3 жыл бұрын
@@maxusknowledge i should be thanking you for making this video. It’s very helpful for me to understand this chapter. Oh btw im from Malaysia and currently pursuing degree in engineering.
@maxusknowledge
@maxusknowledge 3 жыл бұрын
Thanks a lot and all the best !
@sandhyayadav3957
@sandhyayadav3957 4 жыл бұрын
Couldn't understand anything. He's complicating things too much.
@wakeelmohammed2473
@wakeelmohammed2473 4 жыл бұрын
Finally I found a right place for CPM. You are a legend.
@ngaybepavel6362
@ngaybepavel6362 2 жыл бұрын
Thanks. This was helpful
@yasirkhan954
@yasirkhan954 2 жыл бұрын
Great 👏👏
@maheshkavvam8653
@maheshkavvam8653 8 жыл бұрын
I didn't understand the last crash method there is no clarity and u have use there short cut I think that's y we are were not able to understand
@CYBRSOS
@CYBRSOS 10 жыл бұрын
A certain project has three activities on its critical path. Activity A’s normal completion time is five days. It can be crashed to three days at a cost of $500. Activity B’s normal completion time is six days, and it can be crashed to four days at a cost of $50. Activity C’s normal completion time is eight days. It can be crashed to three days at a cost of $1,000. Which activity should the project manager crash and by how many days? How much will it cost? > Any help would be greatly appreciated. I cannot figure this out for my life.
@GantiPrajeet
@GantiPrajeet 10 жыл бұрын
cannot see the table clearly.could have enlarged it further sir
@cptboogy
@cptboogy 10 жыл бұрын
how would approach crashing if there were 2 critical paths, would you just choose one to crash?
@maxusknowledge
@maxusknowledge 10 жыл бұрын
Hi, In the other uploaded examples of crashing , we have covered the case of multiple critical paths. Hopefully, they will meet your requirement.
@ABanRocks
@ABanRocks 10 жыл бұрын
I am expected to do this for my exam :'(
@mgkkkkk123
@mgkkkkk123 10 жыл бұрын
mi too , I suffered a lot from this subject ..!
@sudiptasaha465
@sudiptasaha465 7 жыл бұрын
sir what to do when partial cost is allowed and not allowed situation
@vinayvajinapalli8120
@vinayvajinapalli8120 8 жыл бұрын
sir, in one probelm we didnt get normal time. than how to slove it.
@vkrishnachand3471
@vkrishnachand3471 6 жыл бұрын
sir, what is mean by maximum project time......is it same as expected time?
@THWinner31
@THWinner31 10 жыл бұрын
Thank you
@profederalism3652
@profederalism3652 7 жыл бұрын
is this a crash algorithm menthod??
@hamidamosharraf3717
@hamidamosharraf3717 9 жыл бұрын
Here I have a confusion, why did you reduce activity D when the cost to reduce is $2000 and why did not you crash F when the cost to reduce is $1000?
@sagkoenigin
@sagkoenigin 9 жыл бұрын
Because F is not on the critical path and on critical path,D has least cost slope..
@sagkoenigin
@sagkoenigin 9 жыл бұрын
after A
@hamidamosharraf3717
@hamidamosharraf3717 9 жыл бұрын
Thanks
@kanumarugulaammu1830
@kanumarugulaammu1830 5 жыл бұрын
Really super
@FaReS4201
@FaReS4201 5 жыл бұрын
Thank you so much !! :)
@pushkarajsarnobat3467
@pushkarajsarnobat3467 7 жыл бұрын
thank you so much :) (y)
@nadeemrahmoun3874
@nadeemrahmoun3874 8 жыл бұрын
nice lessons
@AnkushSharma-zv5hv
@AnkushSharma-zv5hv 7 жыл бұрын
nicely explained
@millicentramusi2036
@millicentramusi2036 9 жыл бұрын
Thank you
@alexandradaddario7649
@alexandradaddario7649 7 жыл бұрын
cool
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