SOLUTION MANUAL
Project Management: The Managerial Process,
8th Edition By Larson and Clifford Gray
Verified Chapters 1 - 16, Complete
ProjectgManagement:gThegManagerialgProcess,g
, TABLE OF CONTENTS g g
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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ProjectgManagement:gThegManagerialgProcess,g
, Chapter 1 g
Modern Project Management
g g
Chapter Outline
g
1. WhatgIsgagProject?
A. WhatgagProjectgIsgNot
B. ProgramgversusgProject
C. ThegProjectgLifegCycle
D. ThegProjectgManager
E. BeinggPartgofgagProjectgTeam
2. AgilegProjectgManagement
3. CurrentgDriversgofgProjectgManagement
A. CompressiongofgthegProductgLifegCycle
B. KnowledgegExplosion
C. TriplegBottomgLineg(Planet,gPeople,gProfit)
D. IncreasedgCustomergFocus
E. SmallgProjectsgRepresentgBiggProblems
4. ProjectgManagementgToday:gAgSocio-TechnicalgApproach
5. Summary
6. TextgOverview
7. KeygTerms
8. ReviewgQuestions
9. SnapshotgfromgPractice:gDiscussiongQuestions
10. Exercises
11. Caseg1.1:gAgDaygingthegLife—2019
12. Caseg1.2:gThegHokiesgLunchgGroup
ProjectgManagement:gThegManagerialgProcess,g
, Chapter Learning Objectives
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Aftergreadinggthisgchapterg yougshouldgbegablegto:
LOg1-1 Understandgwhygprojectgmanagementgisgcrucialgingtoday’sgworld.
LOg1-2 Distinguishgagprojectgfromgroutinegoperations.
LOg1-3 Identifygthegdifferentgstagesgofgagprojectglifegcycle.
LOg1-4 DescribeghowgAgilegPMgisgdifferentgfromgtraditionalgPM.
LOg1-5
Understandgthatgmanaginggprojectsginvolvesgbalancinggthegtec
hnicalgandgsocioculturalgdimensionsgofgthegproject.
Review Questions
g
1. Definegagproject.gWhatgaregfivegcharacteristicsgwhichghelpgdifferenti
ategprojectsgfromgothergfunctionsgcarriedgoutgingthegdailygoperationsg
ofgthegorganization?
Agprojectgisgagcomplex,gnon-routine,gone-
timegeffortglimitedgbygtime,gbudget,gresource,gandgspecifications.gDifferentiatingg
characteristicsgofgprojectsgfromgroutine,grepetitivegdailygworkgaregbelow:
a. Agdefinedglifespan
b. Agwell-definedgobjective
c. Typicallyginvolvesgpeoplegfromgseveralgdisciplines
d. Agprojectglifegcycle
e. Specificgtime,gcost,gandgperformancegrequirements.
2. Whatgaregsomegofgthegkeygenvironmentalgforcesgthatghavegchan
gedgthegwaygprojectsgaregmanaged?gWhatghasgbeengthegeffectgof
gthesegforcesgongthegmanagementgofgprojects?
Somegenvironmentalgforcesgthatghavegchangedgthegwaygwegmanagegprojectsga
regthegproductglifegcycle,gknowledgeggrowth,gglobalgcompetition,gorganizationg
downsizing,gtechnologygchanges,gtime-to-
market.gThegimpactgofgthesegforcesgisgmoregprojectsgpergorganization,gprojectgt
eamsgresponsiblegforgimplementinggprojects,gaccountability,gchanginggorganiz
ationgstructures,gneedgforgrapidgcompletiongofgprojects,glinkinggprojectsgtogorg
anizationgstrategygandgcustomers,gprioritizinggprojectsgtogconservegorganizatio
ngresources,galliancesgwithgexternalgorganizations,gandgsogon.
ProjectgManagement:gThegManagerialgProcess,g
