Mathematical Problems in Engineering / 2019 / Article / Tab 8

Research Article

A Hybrid Approach for Project Crashing Optimization Strategy with Risk Consideration: A Case Study for an EPC Project

Table 8

Analysis of crash cost and delay penalty cost in average time case.

Duration (days)976977978979980981

Overdue time
(days)
012345

Crash cost
(USD)
133,500128,500123,500118,500113,500108,500

Penalty cost
(USD)
053,000106,000159,000212,000265,000

Total extra cost to pay
(USD)
133,500181,500229,500277,500325,500373,500

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