Project Management: The Managerial Process, 8th Edition Solution Manual By Erik Larson and Clifford Gray, Verified Chapters 1 - 16, Complete Newest Version

SOLUTION MANUAL oo




Project Management: The Managerial
oo oo oo




oo Process, oo




8th Edition By Erik Larson and Clifford
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oo Gray Verified Chapters 1 - 16,
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Project ooManagement: ooThe ooManagerial ooProcess, oo

, • TABLE OF CONTENTS
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Ch. 1 Modern Project Management
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Ch. 2 Organization Strategy and Project Selection
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Ch. 3 Organization: Structure and Culture
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Ch. 4 Defining the Project
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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
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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
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Ch. 12 Outsourcing: Managing Interorganizational Relations
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Ch. 13 Progress and Performance Measurement and Evaluation
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Ch. 14 Project Closure
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Ch. 15 Agile Project Management
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Ch. 16 International Projects
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Project ooManagement: ooThe ooManagerial ooProcess, oo

, Chapter 1 oo




Modern Project Management
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Chapter Outline
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1. What oo Is ooa ooProject?
A. What ooa ooProject ooIs ooNot
B. Program ooversus ooProject
C. The ooProject ooLife ooCycle
D. The ooProject ooManager
E. Being ooPart ooof ooa ooProject oo Team
2. Agile ooProject ooManagement
3. Current ooDrivers ooof ooProject ooManagement
A. Compression ooof oothe ooProduct ooLife ooCycle
B. Knowledge ooExplosion
C. Triple ooBottom ooLine oo(Planet, ooPeople, ooProfit)
D. Increased ooCustomer ooFocus
E. Small ooProjects ooRepresent ooBig ooProblems
4. Project ooManagement ooToday: oo A ooSocio-Technical ooApproach
5. Summary
6. Text ooOverview
7. Key ooTerms
8. Review ooQuestions
9. Snapshot oo from ooPractice: ooDiscussion ooQuestions
10. Exercises
11. Case oo1.1: ooA ooDay ooin oothe ooLife—2019
12. Case oo1.2: ooThe ooHokies ooLunch ooGroup



Project ooManagement: ooThe ooManagerial ooProcess, oo

, Chapter Learning Objectives
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After ooreading oothis oochapter ooyou ooshould oobe ooable ooto:

LO oo1-1 Understand oowhy ooproject oo management oo is oocrucial ooin ootoday’s ooworld.

LO oo1-2 Distinguish ooa ooproject oofrom ooroutine oooperations.

LO oo1-3 Identify oothe oodifferent oostages ooof ooa ooproject oo life oocycle.

LO oo1-4 Describe oohow ooAgile ooPM oois oodifferent oo from ootraditional ooPM.

LO oo1-5 Understand oothat oomanaging ooprojects ooinvolves oobalancing oothe
ootechnical ooando
sociocultural oodimensions ooof oothe ooproject.

Review Questions
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1. Define ooa ooproject. ooWhat ooare oofive oocharacteristics oowhich oohelp
oodifferentiate ooprojectsfo rom ooother oofunctions oocarried ooout ooin oothe oodaily

oooperations ooof oothe ooorganization?




A ooproject oois ooa oocomplex, oonon-routine, ooone-time ooeffort oolimited ooby ootime,
oobudget, ooresource,a o nd oospecifications. ooDifferentiating oocharacteristics ooof


ooprojects oofrom ooroutine, oorepetitive oodaily oowork ooare oobelow:




a. A oodefined oolifespan
b. A oowell-defined ooobjective
c. Typically ooinvolves oopeople oo from ooseveral oodisciplines
d. A ooproject oolife oocycle
e. Specific ootime, oocost, ooand ooperformance oorequirements.

2. What ooare oosome ooof oothe ookey ooenvironmental ooforces oothat oohave
oochanged oothe oowayp o rojects ooare oomanaged? ooWhat oohas oobeen oothe

ooeffect ooof oothese ooforces ooon oothe oomanagement ooof ooprojects?




Some ooenvironmental ooforces oothat oohave oochanged oothe ooway oowe oomanage
ooprojects ooare oothe ooproduct oolife oocycle, ooknowledge oogrowth, ooglobal

oocompetition, ooorganization oodownsizing,o technology oochanges, ootime-to-
market. ooThe ooimpact ooof oothese ooforces oois oomore ooprojects ooperoorganization,
ooproject ooteams ooresponsible oofor ooimplementing ooprojects, oo accountability,

oochanging ooorganization oostructures, ooneed oofor oorapid oocompletion ooof

ooprojects, oolinking ooprojects ooto ooorganization oostrategy ooand oocustomers,


ooprioritizing ooprojects ooto ooconserve ooorganization ooresources, oo alliances


Project ooManagement: ooThe ooManagerial ooProcess, oo