SOLUTION MANUAL
Project Management, The Managerial Process,
8th Edition by Erik W. Larson, Clifford F. Gray
All Chapters 1 - 16
,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 1u
Modern Project Management
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Chapter Outline
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1. WhatuIsuauProject?
A. WhatuauProjectuIsuNot
B. ProgramuversusuProject
C. TheuProjectuLifeuCycle
D. TheuProjectuManager
E. BeinguPartuofuauProjectuTeam
2. AgileuProjectuManagement
3. CurrentuDriversuofuProjectuManagement
A. CompressionuofutheuProductuLifeuCycle
B. KnowledgeuExplosion
C. TripleuBottomuLineu(Planet,uPeople,uProfit)
D. IncreaseduCustomeruFocus
E. SmalluProjectsuRepresentuBiguProblems
4. ProjectuManagementuToday:uAuSocio-TechnicaluApproach
5. Summary
6. TextuOverview
7. KeyuTerms
8. ReviewuQuestions
9. SnapshotufromuPractice:uDiscussionuQuestions
10. Exercises
11. Caseu1.1:uAuDayuinutheuLife—2019
12. Caseu1.2:uTheuHokiesuLunchuGroup
, Chapter Learning Objectives
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Afterureadinguthisuchapteruyouushouldubeuableuto:
LOu1-1 Understanduwhyuprojectumanagementuisucrucialuinutoday’suworld.
LOu1-2 Distinguishuauprojectufromuroutineuoperations.
LOu1-3 Identifyutheudifferentustagesuofuauprojectu lifeucycle.
LOu1-4 DescribeuhowuAgileuPMuisudifferentufromutraditionaluPM.
LOu1-5 Understanduthatumanaginguprojectsuinvolvesubalancingutheutechnicaluandusocio
culturaludimensionsuofutheuproject.
Review Questions
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1. Defineuauproject.uWhatuareufiveucharacteristicsuwhichuhelpudifferentiateuprojectsufr
omuotherufunctionsucarrieduoutuinutheudailyuoperationsuofutheuorganization?
Auprojectuisuaucomplex,unon-routine,uone-
timeueffortulimitedubyutime,ubudget,uresource,uanduspecifications.uDifferentiatingucharacteris
ticsuofuprojectsufromuroutine,urepetitiveudailyuworkuareubelow:
a. Audefinedulifespan
b. Auwell-defineduobjective
c. Typicallyuinvolvesupeopleufromuseveraludisciplines
d. Auprojectulifeucycle
e. Specificutime,ucost,uanduperformanceurequirements.
2. Whatuareusomeuofutheukeyuenvironmentaluforcesuthatuhaveuchangedutheuwayup
rojectsuareumanaged?uWhatuhasubeenutheueffectuofutheseuforcesuonutheumanag
ementuofuprojects?
Someuenvironmentaluforcesuthatuhaveuchangedutheuwayuweumanageuprojectsuareutheuprod
uctulifeucycle,uknowledgeugrowth,uglobalucompetition,uorganizationudownsizing,utechnolo
gyuchanges,utime-to-
market.uTheuimpactuofutheseuforcesuisumoreuprojectsuperuorganization,uprojectuteamsuresp
onsibleuforuimplementinguprojects,uaccountability,uchanginguorganizationustructures,unee
duforurapiducompletionuofuprojects,ulinkinguprojectsutouorganizationustrategyuanducustome
rs,uprioritizinguprojectsutouconserveuorganizationuresources,ualliancesuwithuexternaluorgani
zations,uandusouon.
3. Describeutheufouruphasesuofutheutraditionaluprojectulifeucycle.uWhichuphaseudouyouut
hinkuwouldubeumostutheudifficultuoneutoucomplete?