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SOLUTION MANUAL FOR Project Management: The Managerial Process 8th Edition by Erik W. Larson , Clifford F. Gray ISBN:978-1260238860 COMPLETE GUIDE WITH RATIONALES 100% VERIFIED A+ GRADE ASSURED!!!!!!NEW LATEST UPDATE!!!!!

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SOLUTION MANUAL FOR Project Management: The Managerial Process 8th Edition by Erik W. Larson , Clifford F. Gray ISBN:978-1260238860 COMPLETE GUIDE WITH RATIONALES 100% VERIFIED A+ GRADE ASSURED!!!!!!NEW LATEST UPDATE!!!!!

Institution
Project Management: The Managerial Process 8th Edi
Course
Project Management: The Managerial Process 8th Edi

Content preview

,TABLE OF CONTENTS iBi
U ii




Ch. 1 Modern Project Management
BU BU BU BU




Ch. 2 Organization Strategy and Project Selection C
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h. 3 Organization: Structure and Culture
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Ch. 4 Defining the Project
BU BU B U BU




Ch. 5 Estimating Project Times and Costs
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Ch. 6 Developing a Project Schedule
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Ch. 7 Managing Risk
B U B U B U




Ch. 8 Scheduling Resources and Costs
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Ch. 9 Reducing Project Duration
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Ch. 10 Being an Effective Project Manager
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Ch. 11 Managing Project Teams
BU BU BU BU




Ch. 12 Outsourcing: Managing Interorganizational
BU BU BU BU BU




Relations
Ch. 13 Progress and Performance Measurement and
BU BU BU BU BU BU BU




Evaluation
Ch. 14 Project Closure
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Ch. 15 Agile Project Management C
BU BU BU BU BU




h. 16 International Projects
BU BU BU

, Chapter 1 B U




Modern Project Management BU BU




Chapter Outline
BU




1. What B U Is a Project?
B U B U




A. What a Project Is Not
B U B U B U B U




B. Program versus Project B U B U




C. The Project Life Cycle
BU B U BU




D. The Project Manager
BU B U




E. Being Part of a Project
B U B U BU B U B U Team
2. Agile Project Management
BU B U




3. Current Drivers of Project Management
B U BU BU BU




A. Compression of the Product Life Cycle BU BU BU B U B U




B. Knowledge Explosion B U




C. Triple Bottom Line (Planet, People, Profit)
BU BU BU BU BU




D. Increased B U Customer B U Focus
E. Small Projects Represent
BU B U B U Big Problems
B U




4. Project Management Today: A Socio-Technical Approach
B U B U B U BU BU




5. Summary
6. Text Overview
BU




7. Key Terms
B U




8. Review Questions
BU




9. Snapshot B U from Practice: BU B U Discussion Questions B U




10. Exercises
11. Case 1.1: A Day in the Life—2019
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12. Case 1.2: The Hokies Lunch Group
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, Chapter Learning Objectives BU BU




After reading this chapter you should be able to:
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LO 1-1
B U Understand why project management is crucial in today’s
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world.
LOB U 1-2 Distinguish a project B U B U B U from routine operations.
BU B U




LO 1-3
B U Identify the different stages of a project life cycle.
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LO 1-4
B U Describe how Agile PM is different from traditional PM.
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LO 1-5
B U


Understand that managing projects involves bal BU BU BU BU BU


ancing the technical andsociocultural dimensions of th
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e project.
B U




Review Questions B U




1. Define a project. What are five characteristics which help differ
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entiate projectsiifrom other functions carried out in the daily o
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perations of the organization? B U BU B U




A project is a complex, non-routine, one-
B U B U B U B U B U B U


time effort limited by time, budget, resource,and specifications.
B U B U B U B U BU B U B U


Differentiating characteristics of projects from routine, repetiti
B U B U B U BU B U B U B U


ve daily work are below:
B U B U B U B U




a. A defined lifespan
BU B U


b. A well-defined objective
BU B U


c. Typically involves people from several disciplines
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d. A project life cycle
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e. Specific time, cost, and performance requirements.
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2. What are some of the key environmental forces that have
B U B U B U B U B U B U B U B U B U B


changed the wayprojects are managed? What has been the
U B U BU B U B U B U B U B U B U


effect of these forces on the management of projects?
B U BU B U B U B U B U B U B U B U




Some environmental forces that have changed the way we mana
B U B U B U B U B U B U B U B U B U


ge projects are the product life cycle, knowledge growth, global c
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ompetition, organization downsizing,iitechnology changes, time-to-
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market. The impact of these forces is more projects perorganizat
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ion, project teams responsible for implementing projects, accounta
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bility, changing organization structures, need for rapid completion
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Uof projects, linking projects to organization strategy and custome
B U BU B U B U B U B U B U B U


rs, prioritizing projects to conserve organization resources, alliance
B U BU B U B U B U BU B U


s with external organizations, and so on.
B U BU BU B U B U B U

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Project Management: The Managerial Process 8th Edi
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Project Management: The Managerial Process 8th Edi

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