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Lecture Notes For Project Management: A Managerial Approach, 8th Edition

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Project Management: A Managerial Approach,10theditionInstructor’s Resource GuideCopyright ©2018John Wiley & Sons, Inc.Chapter1-1Chapter 1Projects in Contemporary OrganizationsAs noted earlier, the material in Part I of this text focuses on project initiation,whichrelates to the context of the project. Although this material may not appear germane tosomeone who wants to learn about how to actually manage a project,having only theplanning and execution tools and being ignorant of the context of the project is a recipefor disaster. It’s like knowing how to sail a ship but notunderstanding your role as thecaptain and the purpose of the trip.Project initiation begins with the judicious selection of the organization’s projects to alignthem with the organization’s overall strategy.Chapter 2 describes how to evaluate and select projects that contribute to theorganization’s strategy and discusses the information needed as well as themanagement of risk during this process. The chapter concludes with a description of aneight-step procedure called the “project portfolio process” that aligns project selectionwith the strategy.Chapter 3, “The Project Manager,” concerns the many roles of the project manager(PM), the multiple responsibilities, and some personal characteristics a project managershould possess. It also discusses the problems a PMfaces when operating in amulticultural environment.Next, Chapter 4 covers a subject of critical importance to the PM that is almostuniversally ignored in project management texts: the art of negotiating for resources. Thechapter also describes some major sources of interpersonal conflict among members ofthe project team.Concluding Part I of the book, Chapter 5 discusses various ways to establish the projectorganization. Different organizational forms are described, as well as their respectiveadvantages and disadvantages. The staffing of the project team is also discussed.CHAPTER OVERVIEWOverview–This section provides a short overview of the modern history of projectmanagement.Many of the now accepted practices of project management were actuallyfirst developed by the U.S.Government to further the development of complex weaponssystems and space hardware.1.1The Definition of a “Project”–This section describes the common characteristics of aproject used to distinguish projects from other types of work.Three ProjectObjectives: The Triple Constraint–Scope, time, and cost are three of the most

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Project Management: A Strategic Man...

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