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[PussyCat]

The interval of time immediately before a project is due, when it becomes apparent that the schedule has slipped and everyone is going to have to work like dogs to try to complete the project in time. Crunch time usually occurs during the period between the next-to-last scheduled milestone (prior to which everyone was able to delude themselves tht the schedule had NOT slipped) and the final deadline for delivery. During crunch time, workers are in [crunch mode]. Prevalent in the software industry, but used elsewhere as well.

[Couch Potatoe]

a deadline/the last minute

[Couch Potatoe]

a period of time during which one must make a effort quickly

[Dave Paprocki]

A time devoted to the action of taking [A Crunch]. Crunch Time can happen at anytime, in anyplace, to anyone. The length of a Crunch Time is affected my many things. Your age, your s*x, barometric pressure, the earths pitch relative to the suns axis, and what you ate last night for dinner all play a part on when Crunch Time will ensue.

[Becky]

Crunch time is what you say to a women before laying down a serious smashing.