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Does Time Equal Money?

Meet the author:

Tal Levanon – Founder and partner in “Tal Levanon – HCP Ltd”, an expert project scheduling consultant and creator of the Hidden Critical Paths (HCP).


A well-known saying is that time is money. Is it true?
Tal Levanon, the developer of the HCP method and the HCP-Go SaaS for analyzing project schedules, examines this question and its implications in building a project schedule.

I would like to ask a question: 
Does time equal to money?


A well-known saying is that: Time is money.


It feels like the statement is true –


After all, we all have the ability to make money over time …


Is it true?


If that was a real equation in math, we could also say that: Money equals time. But, when you say that, you know it’s not true. After all, we can’t produce more time for ourselves – even if we have a lot of money …


So, what is the main difference between time and money?


On the financial axis – one can move back and forth:


  • One can be in debt
  • One can have all the money needed
  • One can take a loan
  • One can give a loan to someone else

On the time axis – one can only move forward: From this moment – to the next moment. You can’t go back in time, except in books or movies – which is why they are so fascinating (to me, at least)


So, when it comes to writing a schedule – You can think from the end to the beginning – that is flexible thinking and it’s great !!



  • You shouldn’t link tasks from the future to the past.
  • It’s highly recommended not to use a start-to-finish (SF) link – which “thinks” from the future to the past.
  • It’s highly advised not to use a negative delay – which goes back in time.

When one writes a schedule – It can only be in one direction:


From the present to the future or from the future to a distant future.


Always look forward … 😊

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