The cost associated with the shortest possible duration for a project activity is referred to as the?
A) Reduced cost
B) Shortest cost
C) Crash cost
D) Activity cost

Question

Quizplus · Accepted Answer

The cost associated with the shortest possible duration for a project activity is referred to as the crash cost. It is the cost of compressing a project activity to its shortest possible duration. Option A, reduced cost, is not specific to the shortest duration. Option B, shortest cost, is not a commonly used term. Option D, activity cost, is the cost associated with performing an activity at any duration, not just the shortest possible duration.

The Cost Associated with the Shortest Possible Duration for a Project