Examlex
The stages of the industry life cycle will be experienced the same by all industries.
Normal Duration
The typical time it takes to complete an activity or task under normal circumstances, without any delays or accelerations.
Crash Cost
The additional cost associated with reducing the time (crashing) required to complete a project or a phase of a project beyond normal expectations.
Time Savings
The reduction in the amount of time required to complete a task or project, often leading to efficiency improvements.
Total Crash
In project management, the maximum possible reduction in the duration of a project task, typically involving increased costs or resources, to achieve the shortest completion time.
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