Instant download Solution Manual for Project Management in Practice, 5th Edition, Jack R. Meredith, Samuel J. Mantel, Jr., Scott M. Shafer, Margaret M. Sutton pdf docx epub after payment.
Product details:
- ISBN-10 : 1118674669
- ISBN-13 : 978-1118674666
- Author: Jack R. Meredith; Samuel J. Mantel Jr.; Scott M. Shafer
The updated 6th Editionof Project Management in Practice provides streamlined coverage with an applied approach, focusing on the essentials of project management. This concise, hands–on text is ideal for a one semester project management course, or as a module on project management. This textbook is organized around the project management life cycle, and provides students with essential project management concepts while addressing an important area of industry growth: the use of projects to achieve the strategic goals of organizations.
Table of Contents
1 The World of Project Management 1
1.1 What Is a Project? 1
Trends in Project Management 3
1.2 Project Management vs. General Management 4
Major Differences 4
Negotiation 5
1.3 What Is Managed? The Three Goals of a Project 7
1.4 The Life Cycles of Projects 10
1.5 Selecting Projects to Meet Organizational Objectives 11
Nonnumeric Selection Methods 12
Numeric Selection Methods 13
1.6 The Project Portfolio Process 22
Step 1: Establish a Project Council 23
Step 2: Identify Project Categories and Criteria 23
Step 3: Collect Project Data 25
Step 4: Assess Resource Availability 25
Step 5: Reduce the Project and Criteria Set 25
Step 6: Prioritize the Projects within Categories 26
Step 7: Select the Projects to Be Funded and Held in Reserve 26
Step 8: Implement the Process 26
1.7 The Materials in this Text 27
Review Questions 29
Discussion Questions 29
Problems 30
Incident for Discussion 31
Case: United Screen Printers 31
Case: Handstar Inc. 32
Bibliography 34
2 The Manager, the Organization, and the Team 35
2.1 The PMs Roles 36
Facilitator 36
Communicator 38
Virtual Project Manager 39
Meetings, Convener and Chair 40
2.2 The PMs Responsibilities to the Project 41
Acquiring Resources 41
Fighting Fires and Obstacles 42
Leadership and Making Trade-Offs 42
Negotiation, Conflict Resolution, and Persuasion 43
2.3 Selection of a Project Manager 44
Credibility 44
Sensitivity 45
Leadership, Style, Ethics 45
2.4 Project Management as a Profession 47
2.5 F itting Projects Into the Parent Organization 48
More on Why Projects? 48
Pure Project Organization 50
Functional Project Organization 51
Matrix Project Organization 52
Mixed Organizational Systems 55
The Project Management Office and Project Maturity 55
2.6 The Project Team 57
Matrix Team Problems 58
Intrateam Conflict 59
2.7 Multidisciplinary TeamsBalancing Pleasure and Pain 62
Integration Management 63
Interface CoordinationInterface Management 64
The Design Structure Matrix 65
Comments on Empowerment and Work Teams 66
Review Questions 69
Discussion Questions 69
Incidents for Discussion 70
Case: The Quantum Bank 70
Case: Southern Care Hospital 72
Bibliography 73
3 Project Activity and Risk Planning 76
3.1 The Basis of a Project PlanThe Project Charter 76
3.2 The Planning ProcessOverview 79
3.3 The Planning ProcessNuts and Bolts 81
The Launch Meetingand Subsequent Meetings 81
Sorting Out the ProjectThe Work Breakdown Structure (WBS) 83
Extensions of the Everyday WBS 85
3.4 More on the Work Breakdown Structure and Other Aids 92
The Raci Matrix 92
A Whole-Brain Approach to Project Planning 94
3.5 R isk Management 97
Risk Management Planning 98
Risk Identification and Qualitative Risk Analysis 98
Quantitative Risk Analysis 99
Risk Response Planning 102
Risk Monitoring and Control 103
Review Questions 104
Discussion Questions 104
Problems 105
Incidents for Discussion 106
Case: St. Dismas Assisted Living Facility1 106
Case: John Wiley & Sons 108
Case: Samson University 109
Bibliography 110
4 Budgeting the Project 112
4.1 Methods of Budgeting 113
Top-Down Budgeting 115
Bottom-Up Budgeting 116
4.2 C ost Estimating 117
Work Element Costing 117
The Impact of Budget Cuts 118
An Aside 119
Activity vs. Program Budgeting 121
4.3 Improving Cost Estimates 122
Forms 123
Learning Curves 123
Tracking Signals 126
Other Factors 128
4.4 Budget Uncertainty and Project Risk Management 130
Budget Uncertainty 130
Project Budgeting in Practice 133
4.5 Project Risk Simulation with Crystal Ball 134
Considering Disaster 143
Review Questions 144
Discussion Questions 144
Problems 144
Incidents for Discussion 146
Case: St. Dismas Assisted Living Facility Project Budget Development2 147
Case: Photstat Inc. 149
Case: Building the Geddys Dream House 149
Bibliography 151
5 Scheduling the Project 152
5.1 Pert and Cpm Networks 153
The Language of PERT/CPM 153
Building the Network 154
Finding the Critical Path and Critical Time 156
Calculating Activity Slack 158
Doing It the Easy WayMicrosoft Project (MSP) 159
5.2 Project Uncertainty and Risk Management 162
Calculating Probabilistic Activity Times 162
The Probabilistic Network, an Example 163
Once More the Easy Way 165
The Probability of Completing the Project on Time 166
Selecting Risk and Finding D 172
The Case of the Unreasonable Boss 172
The Problem with Mergers 173
5.3 Simulation 174
Incorporating Costs into the Simulation Analysis 177
Traditional Statistics vs. Simulation 179
5.4 The Gantt Chart 181
The Chart 181
5.5 Extensions to Pert/Cpm 186
Precedence Diagramming 186
Final Thoughts on the Use of These Tools 187
Review Questions 189
Discussion Questions 189
Problems 189
Discussion Problem 191
Incidents for Discussion 192
Case: St. Dismas Assisted Living Facility Program Plan3 193
Case: NutriStar 196
Case: Launching E-Collar 197
Bibliography 199
6 Allocating Resources to the Project 200
6.1 Expediting a Project 201
The Critical Path Method 201
Fast-Tracking a Project 205
Project Expediting in Practice 205
6.2 Resource Loading 207
The Charismatic VP 212
6.3 Resource Leveling 213
Resource Loading/Leveling and Uncertainty 219
6.4 Allocating Scarce Resources to Projects 221
Some Comments about Constrained Resources 222
Some Priority Rules 222
6.5 Allocating Scarce Resources to Several Projects 223
Criteria of Priority Rules 225
The Basic Approach 225
Resource Allocation and the Project Life Cycle 226
6.6 Goldratts Critical Chain 227
Estimating Task Times 230
The Effect of Not Reporting Early Activity Completion 231
Multitasking 231
Common Chain of Events 234
The Critical Chain 235
Review Questions 236
Discussion Questions 237
Problems 237
Incidents for Discussion 238
Case: St. Dismas Assisted Living Facility Resource Usage4 239
Case: Charter Financial Bank 241
Case: Rand Contractors 242
Bibliography 243
7 Monitoring and Controlling the Project 244
7.1 The Plan-Monitor-Control Cycle 244
Designing the Monitoring System 246
7.2 Data Collection and Reporting 247
Data Collecting 247
Data Analysis 248
Reporting and Report Types 249
Meetings 251
Virtual Meetings, Reports, and Project Management 252
7.3 E arned Value 253
7.4 Project Control 260
Purposes of Control 261
7.5 D esigning the Control System 262
Types of Control Systems 264
Tools for Control 266
7.6 Scope Creep and Change Control 269
Review Questions 271
Discussion Questions 271
Problems 272
Incidents for Discussion 273
Case: St. Dismas Assisted Living Facility Case5 274
Case: Palmstar Enterprises, Inc. 277
Case: Peak Lighting, Inc. 277
Bibliography 279
8 Evaluating and Terminating the Project 280
8.1 Evaluation 280
Evaluation Criteria 281
Measurement 282
8.2 Project Auditing 283
The Audit Process 283
The Audit Report 285
8.3 Project Termination 288
When to Terminate a Project 288
Types of Project Termination 289
The Termination Process 290
The Project Final Report 292
Review Questions 293
Discussion Questions 293
Incidents for Discussion 294
Case: St. Dismas Assisted Living Facility Case6 294
Case: Datatech 297
Case: Ivory Tower Systems 298
Bibliography 300
Appendix: Probability and Statistics 301
A.1 Probability 301
Subjective Probability 302
Logical Probability 302
Experimental Probability 302
A.2 Event Relationships and Probability Laws 302
The Multiplication Rule 303
The Addition Rule 304
A.3 Statistics 304
Descriptive versus Inferential Statistics 305
Measures of Central Tendency 306
Measures of Dispersion 307
Inferential Statistics 308
Standard Probability Distributions 309
Bibliography 310
Index 311
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