,
,Project Management
in Practice
Sixth Edition
Jack R. Meredith
Broyhill Distinguished Scholar and Chair in Operations,
Wake Forest University
Scott M. Shafer
Associate Dean and Professor of Management,
Wake Forest University
Samuel J. Mantel, Jr. (deceased)
University of Cincinnati
, EXECUTIVE EDITOR Lise Johnson
SPONSORING EDITOR Jennifer Manias
PROJECT MANAGER Gladys Soto
PROJECT SPECIALIST Nichole Urban
CONTENT MANAGEMENT DIRECTOR Lisa Wojcik
SENIOR CONTENT SPECIALIST Nicole Repasky
PRODUCTION EDITOR Ezhilan Vikraman
COVER PHOTO CREDIT © Alvov/Shutterstock
This book was set in 10.5/12 GoudyStd by SPi Global and printed and bound by Lightning Source Inc. The cover was printed by Lightning
Source Inc.
Founded in 1807, John Wiley & Sons, Inc. has been a valued source of knowledge and understanding for more than 200 years, helping people
around the world meet their needs and fulfill their aspirations. Our company is built on a foundation of principles that include responsibility to
the communities we serve and where we live and work. In 2008, we launched a Corporate Citizenship Initiative, a global effort to address the
environmental, social, economic, and ethical challenges we face in our business. Among the issues we are addressing are carbon impact, paper
specifications and procurement, ethical conduct within our business and among our vendors, and community and charitable support. For more
information, please visit our website: www.wiley.com/go/citizenship.
Copyright © 2017, 2014, 2011, 2009 John Wiley & Sons, Inc. All rights reserved. No part of this publication may be reproduced, stored in a
retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, scanning or otherwise, except as
permitted under Sections 107 or 108 of the 1976 United States Copyright Act, without either the prior written permission of the Publisher, or
authorization through payment of the appropriate per-copy fee to the Copyright Clearance Center, Inc., 222 Rosewood Drive, Danvers, MA
01923 (Web site: www.copyright.com). Requests to the Publisher for permission should be addressed to the Permissions Department, John Wiley
& Sons, Inc., 111 River Street, Hoboken, NJ 07030-5774, (201) 748-6011, fax (201) 748-6008, or online at: www.wiley.com/go/permissions.
Evaluation copies are provided to qualified academics and professionals for review purposes only, for use in their courses during the next
academic year. These copies are licensed and may not be sold or transferred to a third party. Upon completion of the review period, please return
the evaluation copy to Wiley. Return instructions and a free of charge return shipping label are available at: www.wiley.com/go/returnlabel.
If you have chosen to adopt this textbook for use in your course, please accept this book as your complimentary desk copy. Outside of the
United States, please contact your local sales representative.
ISBN: 978-1-119-29885-4 (PBK)
ISBN: 978-1-119-29867-0 (EVALC)
Library of Congress Cataloging in Publication Data:
Names: Meredith, Jack R., author. | Shafer, Scott M., author. | Mantel,
Samuel J., author.
Title: Project management in practice / Jack R. Meredith, Broyhill
Distinguished Scholar and Chair in Operations, Wake Forest University,
Scott M. Shafer, Associate Dean and Professor of Management, Wake Forest
University, Samuel J. Mantel, Jr. (deceased), University of Cincinnati.
Other titles: Project management in practice.
Description: Sixth edition. | Hoboken, NJ : John Wiley & Sons, Inc., [2017] |
Includes index.
Identifiers: LCCN 2016034810 (print) | LCCN 2016038655 (ebook) | ISBN
9781119298854 (pbk.) | ISBN 9781119298632 (pdf) | ISBN 9781119298601 (epub)
Subjects: LCSH: Project management.
Classification: LCC HD69.P75 P7288 2017 (print) | LCC HD69.P75 (ebook) | DDC
658.4/04—dc23
LC record available at https://lccn.loc.gov/2016034810
Printing identification and country of origin will either be included on this page and/or the end of the book. In addition, if the ISBN on this
page and the back cover do not match, the ISBN on the back cover should be considered the correct ISBN.
Printed in the United States of America
,Project Management
in Practice
Sixth Edition
Jack R. Meredith
Broyhill Distinguished Scholar and Chair in Operations,
Wake Forest University
Scott M. Shafer
Associate Dean and Professor of Management,
Wake Forest University
Samuel J. Mantel, Jr. (deceased)
University of Cincinnati
, EXECUTIVE EDITOR Lise Johnson
SPONSORING EDITOR Jennifer Manias
PROJECT MANAGER Gladys Soto
PROJECT SPECIALIST Nichole Urban
CONTENT MANAGEMENT DIRECTOR Lisa Wojcik
SENIOR CONTENT SPECIALIST Nicole Repasky
PRODUCTION EDITOR Ezhilan Vikraman
COVER PHOTO CREDIT © Alvov/Shutterstock
This book was set in 10.5/12 GoudyStd by SPi Global and printed and bound by Lightning Source Inc. The cover was printed by Lightning
Source Inc.
Founded in 1807, John Wiley & Sons, Inc. has been a valued source of knowledge and understanding for more than 200 years, helping people
around the world meet their needs and fulfill their aspirations. Our company is built on a foundation of principles that include responsibility to
the communities we serve and where we live and work. In 2008, we launched a Corporate Citizenship Initiative, a global effort to address the
environmental, social, economic, and ethical challenges we face in our business. Among the issues we are addressing are carbon impact, paper
specifications and procurement, ethical conduct within our business and among our vendors, and community and charitable support. For more
information, please visit our website: www.wiley.com/go/citizenship.
Copyright © 2017, 2014, 2011, 2009 John Wiley & Sons, Inc. All rights reserved. No part of this publication may be reproduced, stored in a
retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, scanning or otherwise, except as
permitted under Sections 107 or 108 of the 1976 United States Copyright Act, without either the prior written permission of the Publisher, or
authorization through payment of the appropriate per-copy fee to the Copyright Clearance Center, Inc., 222 Rosewood Drive, Danvers, MA
01923 (Web site: www.copyright.com). Requests to the Publisher for permission should be addressed to the Permissions Department, John Wiley
& Sons, Inc., 111 River Street, Hoboken, NJ 07030-5774, (201) 748-6011, fax (201) 748-6008, or online at: www.wiley.com/go/permissions.
Evaluation copies are provided to qualified academics and professionals for review purposes only, for use in their courses during the next
academic year. These copies are licensed and may not be sold or transferred to a third party. Upon completion of the review period, please return
the evaluation copy to Wiley. Return instructions and a free of charge return shipping label are available at: www.wiley.com/go/returnlabel.
If you have chosen to adopt this textbook for use in your course, please accept this book as your complimentary desk copy. Outside of the
United States, please contact your local sales representative.
ISBN: 978-1-119-29885-4 (PBK)
ISBN: 978-1-119-29867-0 (EVALC)
Library of Congress Cataloging in Publication Data:
Names: Meredith, Jack R., author. | Shafer, Scott M., author. | Mantel,
Samuel J., author.
Title: Project management in practice / Jack R. Meredith, Broyhill
Distinguished Scholar and Chair in Operations, Wake Forest University,
Scott M. Shafer, Associate Dean and Professor of Management, Wake Forest
University, Samuel J. Mantel, Jr. (deceased), University of Cincinnati.
Other titles: Project management in practice.
Description: Sixth edition. | Hoboken, NJ : John Wiley & Sons, Inc., [2017] |
Includes index.
Identifiers: LCCN 2016034810 (print) | LCCN 2016038655 (ebook) | ISBN
9781119298854 (pbk.) | ISBN 9781119298632 (pdf) | ISBN 9781119298601 (epub)
Subjects: LCSH: Project management.
Classification: LCC HD69.P75 P7288 2017 (print) | LCC HD69.P75 (ebook) | DDC
658.4/04—dc23
LC record available at https://lccn.loc.gov/2016034810
Printing identification and country of origin will either be included on this page and/or the end of the book. In addition, if the ISBN on this
page and the back cover do not match, the ISBN on the back cover should be considered the correct ISBN.
Printed in the United States of America