,TABLE OF CONTENTS iXZi ii
Ch. 1 Modern Project Management
XZ XZ XZ XZ
Ch. 2 Organization Strategy and Project Selection C
XZ XZ XZ XZ XZ XZ XZ
h. 3 Organization: Structure and Culture
XZ XZ XZ XZ XZ
Ch. 4 Defining the Project
X Z X Z X Z XZ
Ch. 5 Estimating Project Times and Costs C
XZ XZ XZ XZ XZ XZ XZ
h. 6 Developing a Project Schedule
XZ XZ XZ XZ XZ
Ch. 7 Managing Risk
X Z X Z X Z
Ch. 8 Scheduling Resources and Costs
XZ XZ XZ XZ XZ XZ
Ch. 9 Reducing Project Duration
XZ XZ XZ XZ
Ch. 10 Being an Effective Project Manager
XZ XZ XZ XZ XZ XZ XZ
Ch. 11 Managing Project Teams
XZ XZ XZ XZ
Ch. 12 Outsourcing: Managing Interorganizational
XZ XZ XZ XZ XZ
Relations
Ch. 13 Progress and Performance Measurement and E
XZ XZ XZ XZ XZ XZ XZ
valuation
Ch. 14 Project Closure
XZ XZ XZ
Ch. 15 Agile Project Management C
XZ XZ XZ XZ XZ
h. 16 International Projects
XZ XZ XZ
, Chapter 1 XZ
Modern Project Management XZ XZ
Chapter Outline XZ
1. What X Z Is a Project?
X Z X Z
A. What a Project Is Not
X Z X Z X Z X Z
B. Program versus Project X Z X Z
C. The Project Life Cycle
XZ X Z XZ
D. The Project Manager
XZ X Z
E. Being Part of a Project Team
X Z X Z XZ X Z X Z
2. Agile Project Management
XZ X Z
3. Current Drivers of Project Management
X Z XZ XZ XZ
A. Compression of the Product Life Cycle XZ XZ XZ X Z X Z
B. Knowledge Explosion X Z
C. Triple Bottom Line (Planet, People, Profit)
XZ XZ XZ XZ XZ
D. Increased Customer Focus X Z X Z
E. Small Projects Represent Big Problems
XZ X Z X Z X Z
4. Project Management Today: A Socio-Technical Approach
X Z X Z X Z XZ XZ
5. Summary
6. Text Overview
X Z
7. Key Terms
X Z
8. Review Questions XZ
9. Snapshot X Z from Practice: XZ X Z Discussion Questions X Z
10. Exercises
11. Case 1.1: A Day in the Life—2019
X Z X Z X Z XZ X Z X Z
12. Case 1.2: The Hokies Lunch Group
X Z X Z X Z X Z XZ
, Chapter Learning Objectives XZ XZ
After reading this chapter you should be able to:
X Z X Z XZ X Z X Z X Z XZ X Z
LO 1-1
X Z Understand why project management is crucial in today’sXZ XZ X Z X Z XZ XZ XZ
world.
LOX Z 1-2 Distinguish a project X Z X Z X Z from routine operations.
XZ X Z
LO 1-3
X Z Identify the different stages of a project life cycle.
XZ XZ X Z XZ XZ XZ X Z XZ
LO 1-4
X Z Describe how Agile PM is different from traditional PM.
XZ X Z X Z X Z XZ X Z XZ XZ
LO 1-5
X Z
Understand that managing projects involves bala XZ X Z XZ X Z X Z
ncing the technical andsociocultural dimensions of the
XZ XZ XZ XZ X Z X Z X
Zproject.
Review Questions X Z
1. Define a project. What are five characteristics which help differe
XZ X Z X Z XZ XZ X Z X Z X Z XZ
ntiate projectsiifrom other functions carried out in the daily ope
XZ X Z X Z X Z X Z X Z X Z X Z X Z
rations of the organization? X Z XZ X Z
A project is a complex, non-routine, one-
X Z X Z X Z X Z X Z X Z
time effort limited by time, budget, resource,and specifications.
X Z X Z X Z X Z XZ X Z X Z X
Differentiating characteristics of projects from routine, repetitiv
Z X Z X Z XZ X Z X Z X Z
e daily work are below:
X Z X Z X Z X Z
a. A defined lifespan
XZ X Z
b. A well-defined objective
XZ X Z
c. Typically involves people from several disciplines
XZ X Z X Z XZ XZ
d. A project life cycle
XZ X Z XZ
e. Specific time, cost, and performance requirements.
XZ X Z XZ XZ XZ
2. What are some of the key environmental forces that have
X Z X Z X Z X Z X Z X Z X Z X Z X Z XZ
changed the wayprojects are managed? What has been the
XZ XZ X Z X Z X Z X Z X Z X Z X
effect of these forces on the management of projects?
Z XZ X Z X Z X Z X Z X Z X Z X Z
Some environmental forces that have changed the way we manag
X Z X Z X Z X Z X Z X Z X Z X Z X Z
e projects are the product life cycle, knowledge growth, global co
XZ X Z X Z X Z X Z X Z X Z X Z X Z XZ
mpetition, organization downsizing,iitechnology changes, time-to-
X Z X Z XZ X Z
market. The impact of these forces is more projects perorganizati
XZ XZ X Z X Z XZ X Z X Z X Z X Z XZ
on, project teams responsible for implementing projects, accountabi
XZ X Z X Z X Z X Z X Z X Z
lity, changing organization structures, need for rapid completion of
XZ X Z X Z X Z X Z X Z X Z X Z
projects, linking projects to organization strategy and customers,
X Z XZ X Z X Z X Z X Z X Z X Z X Z
prioritizing projects to conserve organization resources, alliances wi
XZ X Z X Z X Z XZ X Z X Z
th external organizations, and so on.
XZ XZ X Z X Z X Z
Ch. 1 Modern Project Management
XZ XZ XZ XZ
Ch. 2 Organization Strategy and Project Selection C
XZ XZ XZ XZ XZ XZ XZ
h. 3 Organization: Structure and Culture
XZ XZ XZ XZ XZ
Ch. 4 Defining the Project
X Z X Z X Z XZ
Ch. 5 Estimating Project Times and Costs C
XZ XZ XZ XZ XZ XZ XZ
h. 6 Developing a Project Schedule
XZ XZ XZ XZ XZ
Ch. 7 Managing Risk
X Z X Z X Z
Ch. 8 Scheduling Resources and Costs
XZ XZ XZ XZ XZ XZ
Ch. 9 Reducing Project Duration
XZ XZ XZ XZ
Ch. 10 Being an Effective Project Manager
XZ XZ XZ XZ XZ XZ XZ
Ch. 11 Managing Project Teams
XZ XZ XZ XZ
Ch. 12 Outsourcing: Managing Interorganizational
XZ XZ XZ XZ XZ
Relations
Ch. 13 Progress and Performance Measurement and E
XZ XZ XZ XZ XZ XZ XZ
valuation
Ch. 14 Project Closure
XZ XZ XZ
Ch. 15 Agile Project Management C
XZ XZ XZ XZ XZ
h. 16 International Projects
XZ XZ XZ
, Chapter 1 XZ
Modern Project Management XZ XZ
Chapter Outline XZ
1. What X Z Is a Project?
X Z X Z
A. What a Project Is Not
X Z X Z X Z X Z
B. Program versus Project X Z X Z
C. The Project Life Cycle
XZ X Z XZ
D. The Project Manager
XZ X Z
E. Being Part of a Project Team
X Z X Z XZ X Z X Z
2. Agile Project Management
XZ X Z
3. Current Drivers of Project Management
X Z XZ XZ XZ
A. Compression of the Product Life Cycle XZ XZ XZ X Z X Z
B. Knowledge Explosion X Z
C. Triple Bottom Line (Planet, People, Profit)
XZ XZ XZ XZ XZ
D. Increased Customer Focus X Z X Z
E. Small Projects Represent Big Problems
XZ X Z X Z X Z
4. Project Management Today: A Socio-Technical Approach
X Z X Z X Z XZ XZ
5. Summary
6. Text Overview
X Z
7. Key Terms
X Z
8. Review Questions XZ
9. Snapshot X Z from Practice: XZ X Z Discussion Questions X Z
10. Exercises
11. Case 1.1: A Day in the Life—2019
X Z X Z X Z XZ X Z X Z
12. Case 1.2: The Hokies Lunch Group
X Z X Z X Z X Z XZ
, Chapter Learning Objectives XZ XZ
After reading this chapter you should be able to:
X Z X Z XZ X Z X Z X Z XZ X Z
LO 1-1
X Z Understand why project management is crucial in today’sXZ XZ X Z X Z XZ XZ XZ
world.
LOX Z 1-2 Distinguish a project X Z X Z X Z from routine operations.
XZ X Z
LO 1-3
X Z Identify the different stages of a project life cycle.
XZ XZ X Z XZ XZ XZ X Z XZ
LO 1-4
X Z Describe how Agile PM is different from traditional PM.
XZ X Z X Z X Z XZ X Z XZ XZ
LO 1-5
X Z
Understand that managing projects involves bala XZ X Z XZ X Z X Z
ncing the technical andsociocultural dimensions of the
XZ XZ XZ XZ X Z X Z X
Zproject.
Review Questions X Z
1. Define a project. What are five characteristics which help differe
XZ X Z X Z XZ XZ X Z X Z X Z XZ
ntiate projectsiifrom other functions carried out in the daily ope
XZ X Z X Z X Z X Z X Z X Z X Z X Z
rations of the organization? X Z XZ X Z
A project is a complex, non-routine, one-
X Z X Z X Z X Z X Z X Z
time effort limited by time, budget, resource,and specifications.
X Z X Z X Z X Z XZ X Z X Z X
Differentiating characteristics of projects from routine, repetitiv
Z X Z X Z XZ X Z X Z X Z
e daily work are below:
X Z X Z X Z X Z
a. A defined lifespan
XZ X Z
b. A well-defined objective
XZ X Z
c. Typically involves people from several disciplines
XZ X Z X Z XZ XZ
d. A project life cycle
XZ X Z XZ
e. Specific time, cost, and performance requirements.
XZ X Z XZ XZ XZ
2. What are some of the key environmental forces that have
X Z X Z X Z X Z X Z X Z X Z X Z X Z XZ
changed the wayprojects are managed? What has been the
XZ XZ X Z X Z X Z X Z X Z X Z X
effect of these forces on the management of projects?
Z XZ X Z X Z X Z X Z X Z X Z X Z
Some environmental forces that have changed the way we manag
X Z X Z X Z X Z X Z X Z X Z X Z X Z
e projects are the product life cycle, knowledge growth, global co
XZ X Z X Z X Z X Z X Z X Z X Z X Z XZ
mpetition, organization downsizing,iitechnology changes, time-to-
X Z X Z XZ X Z
market. The impact of these forces is more projects perorganizati
XZ XZ X Z X Z XZ X Z X Z X Z X Z XZ
on, project teams responsible for implementing projects, accountabi
XZ X Z X Z X Z X Z X Z X Z
lity, changing organization structures, need for rapid completion of
XZ X Z X Z X Z X Z X Z X Z X Z
projects, linking projects to organization strategy and customers,
X Z XZ X Z X Z X Z X Z X Z X Z X Z
prioritizing projects to conserve organization resources, alliances wi
XZ X Z X Z X Z XZ X Z X Z
th external organizations, and so on.
XZ XZ X Z X Z X Z
