What is a crash cost?

A crash cost refers to the additional expenses incurred when a project is expedited to shorten its duration, often through increased resources or overtime. This can include costs for extra labor, expedited shipping, or additional equipment. While crashing a project can help meet deadlines, it may also lead to diminishing returns if not managed carefully. It's essential for project managers to weigh the benefits of faster completion against the potential for higher costs and risks.