The Managerial Process 8th Edition by Erik W.
Larson & Clifford F. Gray
ALL CHAPTERS 1-16 WITH APPENDIX A-D| A+ PASS
Chapter 1
aq
Modern Project Management Cha
aq aq aq
pter Outline
aq
1. What Is a Project?
aq aq aq
A. What a Project Is Not
aq aq aq aq
,B. Program versus Project aq aq
C. The Project Life Cycle
aq aq aq
D. The Project Manager
aq aq
E. Being Part of a Project Team
aq aq aq aq aq
2. Agile Project Management
aq aq
3. Current Drivers of Project Management
aq aq aq aq
A. Compression of the Product Life Cycle aq aq aq aq aq
B. Knowledge Explosion aq
C. Triple Bottom Line (Planet, People, Profit)
aq aq aq aq aq
D. Increased Customer Focus aq aq
E. Small Projects Represent Big Problems
aq aq aq aq
4. Project Management Today: A Socio-Technical Approach
aq aq aq aq aq
5. Summary
6. Text Overview
aq
7. Key Terms
aq
8. Review Questions aq
9. Snapshot from Practice: Discussion Questions
aq aq aq aq
10. Exercises
11. Case 1.1: A Day in the Life—2019
aq aq aq aq aq aq
12. Case 1.2: The Hokies Lunch Group
aq aq aq aq aq
, Chapter Learning Objectives aq aq
After reading this chapter you should be able to:
aq aq aq aq aq aq aq aq
LO 1-1 Understand why project management is crucial in today‘s world.
aq aq aq aq aq aq aq aq aq aq
LO 1-2 Distinguish a project from routine operations.
aq aq aq aq aq aq aq
LO 1-3 Identify the different stages of a project life cycle.
aq aq aq aq aq aq aq aq aq aq
LO 1-4 Describe how Agile PM is different from traditional PM.
aq aq aq aq aq aq aq aq aq aq
LO 1- aq
5 Understand that managing projects involves balancing the technical and sociocultural dimensions of the
aq aq aq aq aq aq aq aq aq aq aq aq aq
project.
aq
Review Questions aq
1. Define a project. What are five characteristics which help differentiate projects from other
aq aq aq aq aq aq aq aq aq aq aq aq aq
functions carried out in the daily operations of the organization?
aq aq aq aq aq aq aq aq aq
A project is a complex, non-routine, one-
aq aq aq aq aq aq
time effort limited by time, budget, resource, and specifications. Differentiating characteristics of projects
aq aq aq aq aq aq aq aq aq aq aq aq
from routine, repetitive daily work are below:
aq aq aq aq aq aq aq
a. A defined lifespan
aq aq
b. A well-defined objective
aq aq
c. Typically involves people from several disciplines aq aq aq aq aq
d. A project life cycle
aq aq aq
e. Specific time, cost, and performance requirements.
aq aq aq aq aq
2. What are some of the key environmental forces that have changed the way projects are managed? What
aq aq aq aq aq aq aq aq aq aq aq aq aq aq aq aq aq
has been the effect of these forces on the management of projects?
aq aq aq aq aq aq aq aq aq aq aq
Some environmental forces that have changed the way we manage projects are the product life cycle, kn
aq aq aq aq aq aq aq aq aq aq aq aq aq aq aq aq
owledge growth, global competition, organization downsizing, technology changes, time-to-
aq aq aq aq aq aq aq aq
market. The impact of these forces is more projects per organization, project teams responsible for imple
aq aq aq aq aq aq aq aq aq aq aq aq aq aq aq
menting projects, accountability, changing organization structures, need for rapid completion of projects,
aq aq aq aq aq aq aq aq aq aq aq a
linking projects to organization strategy and customers, prioritizing projects to conserve organization res
q aq aq aq aq aq aq aq aq aq aq aq aq
ources, alliances with external organizations, and so on.
aq aq aq aq aq aq aq