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

SOLUTION MANUAL
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Project Management, The Managerial Process,
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8th Edition by Erik W. Larson, Clifford F. Gray
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All Chapters 1 - 16
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,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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, Chapter 1 m




Modern Project Management
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Chapter Outline
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1. WhatmIsmamProject?
A. WhatmamProjectmIsmNot
B. ProgrammversusmProject
C. ThemProjectmLifemCycle
D. ThemProjectmManager
E. BeingmPartmofmamProjectmTeam
2. AgilemProjectmManagement
3. CurrentmDriversmofmProjectmManagement
A. CompressionmofmthemProductmLifemCycle
B. KnowledgemExplosion
C. TriplemBottommLinem(Planet,mPeople,mProfit)
D. IncreasedmCustomermFocus
E. SmallmProjectsmRepresentmBigmProblems
4. ProjectmManagementmToday:mAmSocio-TechnicalmApproach
5. Summary
6. TextmOverview
7. KeymTerms
8. ReviewmQuestions
9. SnapshotmfrommPractice:mDiscussionmQuestions
10. Exercises
11. Casem1.1:mAmDayminmthemLife—2019
12. Casem1.2:mThemHokiesmLunchmGroup

, Chapter Learning Objectives
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Aftermreadingmthismchaptermyoumshouldmbemablemto:

LOm1-1 Understandmwhymprojectmmanagementmismcrucialminmtoday’smworld.

LOm1-2 Distinguishmamprojectmfrommroutinemoperations.

LOm1-3 Identifymthemdifferentmstagesmofmamprojectmlifemcycle.

LOm1-4 DescribemhowmAgilemPMmismdifferentmfrommtraditionalmPM.

LOm1-5 Understandmthatmmanagingmprojectsminvolvesmbalancingmthemtechnicalmandmso
cioculturalmdimensionsmofmthemproject.

Review Questions
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1. Definemamproject.mWhatmaremfivemcharacteristicsmwhichmhelpmdifferentiatemproject
smfrommothermfunctionsmcarriedmoutminmthemdailymoperationsmofmthemorganization?

Amprojectmismamcomplex,mnon-routine,mone-
timemeffortmlimitedmbymtime,mbudget,mresource,mandmspecifications.mDifferentiatingmcharact
eristicsmofmprojectsmfrommroutine,mrepetitivemdailymworkmarembelow:

a. Amdefinedmlifespan
b. Amwell-definedmobjective
c. Typicallyminvolvesmpeoplemfrommseveralmdisciplines
d. Amprojectmlifemcycle
e. Specificmtime,mcost,mandmperformancemrequirements.

2. Whatmaremsomemofmthemkeymenvironmentalmforcesmthatmhavemchangedmthemw
aymprojectsmaremmanaged?mWhatmhasmbeenmthemeffectmofmthesemforcesmonmthe
mmanagementmofmprojects?




Somemenvironmentalmforcesmthatmhavemchangedmthemwaymwemmanagemprojectsmaremthemp
roductmlifemcycle,mknowledgemgrowth,mglobalmcompetition,morganizationmdownsizing,mtec
hnologymchanges,mtime-to-
market.mThemimpactmofmthesemforcesmismmoremprojectsmpermorganization,mprojectmteamsmr
esponsiblemformimplementingmprojects,maccountability,mchangingmorganizationmstructure
s,mneedmformrapidmcompletionmofmprojects,mlinkingmprojectsmtomorganizationmstrategymand
mcustomers,mprioritizingmprojectsmtomconservemorganizationmresources,malliancesmwithmex

ternalmorganizations,mandmsomon.

3. Describemthemfourmphasesmofmthemtraditionalmprojectmlifemcycle.mWhichmphasemdomy
oumthinkmwouldmbemmostmthemdifficultmonemtomcomplete?