SOLUTION MANUAL
Project Management: The Managerial Process,
8th Edition By Erik Larson and Clifford Gray
Chapters 1 - 16, Complete
, • TABLE OF CONTENTS
5 5
Ch. 1 Modern Project Management
5 5 5 5
Ch. 2 Organization Strategy and Project Selection
5 5 5 5 5 5
Ch. 3 Organization: Structure and Culture
5 5 5 5 5
Ch. 4 Defining the Project
5 5 5 5
Ch. 5 Estimating Project Times and Costs
5 5 5 5 5 5
Ch. 6 Developing a Project Schedule
5 5 5 5 5
Ch. 7 Managing Risk
5 5 5
Ch. 8 Scheduling Resources and Costs
5 5 5 5 5
Ch. 9 Reducing Project Duration
5 5 5 5
Ch. 10 Being an Effective Project Manager
5 5 5 5 5 5
Ch. 11 Managing Project Teams
5 5 5 5
Ch. 12 Outsourcing: Managing Interorganizational Relations
5 5 5 5 5
Ch. 13 Progress and Performance Measurement and Evaluation
5 5 5 5 5 5 5
Ch. 14 Project Closure
5 5 5
Ch. 15 Agile Project Management
5 5 5 5
Ch. 16 International Projects
5 5 5
, Chapter51
Modern5Project5Management
Chapter5Outline
1. What5Is5a5Project?
A. What5a5Project5Is5Not
B. Program5versus5Project
C. The5Project5Life5Cycle
D. The5Project5Manager
E. Being5Part5of5a5Project5Team
2. Agile5Project5Management
3. Current5Drivers5of5Project5Management
A. Compression5of5the5Product5Life5Cycle
B. Knowledge5Explosion
C. Triple5Bottom5Line5(Planet,5People,5Profit)
D. Increased5Customer5Focus
E. Small5Projects5Represent5Big5Problems
4. Project5Management5Today:5A5Socio-Technical5Approach
5. Summary
6. Text5Overview
7. Key5Terms
8. Review5Questions
9. Snapshot5from5Practice:5Discussion5Questions
10. Exercises
11. Case51.1:5A5Day5in5the5Life—2019
12. Case51.2:5The5Hokies5Lunch5Group
, Chapter5Learning5Objectives
After5reading5this5chapter5you5should5be5able5to:
LO51-1 Understand5why5project5management5is5crucial5in5today’s5world.
LO51-2 Distinguish5a5project5from5routine5operations.
LO51-3 Identify5the5different5stages5of5a5project5life5cycle.
LO51-4 Describe5how5Agile5PM5is5different5from5traditional5PM.
LO51-5
Understand5that5managing5projects5involves5balancing5the5techni
cal5and5sociocultural5dimensions5of5the5project.
Review5Questions
1. Define5a5project.5What5are5five5characteristics5which5help5differentiate5projects5fr
om5other5functions5carried5out5in5the5daily5operations5of5the5organization?
A5project5is5a5complex,5non-routine,5one-
time5effort5limited5by5time,5budget,5resource,5and5specifications.5Differentiating5char
acteristics5of5projects5from5routine,5repetitive5daily5work5are5below:
a. A5defined5lifespan
b. A5well-defined5objective
c. Typically5involves5people5from5several5disciplines
d. A5project5life5cycle
e. Specific5time,5cost,5and5performance5requirements.
2. What5are5some5of5the5key5environmental5forces5that5have5changed5the5way5
projects5are5managed?5What5has5been5the5effect5of5these5forces5on5the5ma
nagement5of5projects?
Some5environmental5forces5that5have5changed5the5way5we5manage5projects5are5t
he5product5life5cycle,5knowledge5growth,5global5competition,5organization5downsi
zing,5technology5changes,5time-to-
market.5The5impact5of5these5forces5is5more5projects5per5organization,5project5team
s5responsible5for5implementing5projects,5accountability,5changing5organization5str
uctures,5need5for5rapid5completion5of5projects,5linking5projects5to5organization5str
ategy5and5customers,5prioritizing5projects5to5conserve5organization5resources,5allia
nces5with5external5organizations,5and5so5on.