Contemporary Project Management Plan-Driven and Agile Approaches 5th Edition pdf

Page 1


Preface ............. xvii

About the Authors ............... xxiv

PART 1 Organizing Projects

CHAPTER 1

Introduction to Project Management ....... 2

1.1 What Is a Project? 4

1.2 History of Project Management 5

1.3 How Can Project Work Be Described? 6

1.3a Projects versus Operations 6 / 1.3b Soft Skills and Hard Skills 6 / 1.3c Authority and Responsibility 7 / 1.3d Project Life Cycle 8

1.4 Understanding Projects 9

1.4a Project Management Institute 9 / 1.4b Project Management Body of Knowledge

(PMBOK Guide 6e) 10 / 1.4c The PMI Talent Triangle 11 / 1.4d Selecting and

Prioritizing Projects 11 / 1.4e Project Goals and Constraints 12 / 1.4f Defining Project

Success and Failure 12 / 1.4g Using Microsoft Project® to Help Plan and Measure

Projects 13 / 1.4h Types of Projects 13 / 1.4i Scalability of Project Tools 14

1.5 Project Roles 15

1.5a Project Executive-Level Roles 15 / 1.5b Project

Management-Level Roles 15 /

1.5c Project Associate-Level Roles 16

1.6 PMBOK Guide 7e 16

Standard for Project Management ANSI/PMI 99-0012021 16 / PMBOK Guide 7e 18 /

1.0 Introduction 18 / 2.0 Project Performance

Domains 18 / 3.0 Tailoring 19 /

4.0 Models, Methods, and Artifacts (MMA) 20

1.7 Agile Introduction 20

1.7a Agile Terms Used in an Introduction to Project Management 22

1.8 Overview of the Book 24

1.8a Part 1: Organizing and Initiating Projects 25 / 1.8b

Part 2: Leading Projects 25 /

1.8c Part 3: Planning Projects 26 / 1.8d Part 4:

Performing Projects 27

Summary 27

Key Terms Consistent with PMI Standards and Guides 28

Key Terms Consistent with Agile Practice 28

Chapter Review Questions 28

Discussion Questions 29

PMP Exam Study Questions 29

Integrated Example Projects 30

Semester Project Instructions 32

Project Management in Action 33

References 34

Endnotes 34

CHAPTER 2

Project Selection and Prioritization

2.1 Strategic Planning Process 37

2.1a Strategic Analysis 37 / 2.1b Guiding Principles 38 / 2.1c Strategic Objectives 41

2.1d Flow-Down Objectives 41

2.2 Define Portfolio Management 41

2.2a Portfolios 42 / 2.2b Programs 42 / 2.2c Projects and Subprojects 43

2.3 Perform Portfolio Management 45

2.3a Assessing an Organization’s Ability to Perform Projects 45 / 2.3b Identifying Potential Projects 46 / 2.3c Using a Cost-Benefit Analysis Model to Select Projects 48 /

2.3d Using a Scoring Model to Select Projects 49 / 2.3e Prioritizing Projects 53 /

2.3f Resourcing Projects 53

2.4 Securing Projects 54

2.4a Identify Potential Project Opportunities 55 / 2.4b

Determine Which Opportunities to Pursue 55 / 2.4c Prepare and Submit a Project Proposal 55 / 2.4d Negotiate to Secure the Project 56

2.5 PMBOK Guide 7e 56

2.5a Stakeholders 57 / 2.5b Team 57 / 2.5c Development Approach 57 /

2.5d Planning 57 / 2.5e Uncertainty 57

2.6 Agile Project Selection 57

2.6a Agile Terms Used in an Introduction to Project Selection and Prioritization 58 Summary 60

Key Terms Consistent with PMI Standards and Guides 61

Key Terms Consistent with Agile Practice 61

Chapter Review Questions 61

Discussion Questions 62

PMP Exam Study Questions 62

Exercises 63

Integrated Example Projects 64

Semester Project Instructions 65

Project Management in Action 66

References 67

Endnotes 68

CHAPTER 3

Chartering Projects .................................................................... ................................... 70

3.1 What Is a Project Charter? 72

3.2 Why Is a Project Charter Used? 73

3.3 When Is a Charter Needed? 74

3.4 Typical Elements in a Project Charter 74

3.4a Title 76 / 3.4b Scope Overview 76 / 3.4c Business Case 76 / 3.4d Background 76 /

3.4e Milestone Schedule with Acceptance Criteria 76 / 3.4f Risks, Assumptions, and

Constraints 77 / 3.4g Resource Estimates 77 / 3.4h

Stakeholder List 77 /

3.4i Team Operating Principles 78 / 3.4j Lessons

Learned 78 / 3.4k Signatures and Commitment 78

3.5 Constructing a Project Charter 79

3.5a Scope Overview and Business Case Instructions

79 / 3.5b Background Instructions 79 /

3.5c Milestone Schedule with Acceptance Criteria

Instructions 80 / 3.5d Uncertainty

Instructions 83 / 3.5e Resources Needed Instructions 84 / 3.5f Stakeholder List

Instructions 86 / 3.5g Team Operating Principles

Instructions 86 / 3.5h Lessons

Learned Instructions 87 / 3.5i Signatures and Commitment Instructions 87

3.6 Ratifying the Project Charter 88

3.7 PMBOK Guide 7e 89

3.7a Stakeholders 89 / 3.7b Team 89 / 3.7c

Development Approach and Life Cycle 89 /

3.7d Planning 89 / 3.7e Measurement 89 / 3.7f

Uncertainty 90

3.8 Agile Projects and Charters 90

3.8a Agile Terms Used in Chartering Projects 90 / 3.8b Agile 91

3.9 Starting a Project Using Microsoft Project 92

3.9a MS Project Introduction 93 / 3.9b Setting up Your First Project 94 / 3.9c Define Your Project 95 / 3.9d Create a Milestone Schedule 96

Summary 100

Key Terms Consistent with PMI Standards and Guides 101

Key Terms Consistent with Agile Practice 101

Chapter Review Questions 101

Discussion Questions 102

PMP Exam Study Questions 102 Exercises 103

Integrated Example Projects 104

Semester Project Instructions 106

Project Management in Action 106

References 109

Endnotes 110

PART 2 Leading Projects

CHAPTER 4

Organizational Capability: Structure, Culture, and Roles ......................................... 112

4.1 Types of Organizational Structures 115

4.1a Functional 115 / 4.1b Projectized 116 / 4.1c Matrix 117

4.2 Organizational Culture and Its Impact on Projects 121

4.2a Culture of the Parent Organization 122 / 4.2b Project Cultural Norms 123

4.3 Project Life Cycle 124

4.3a Define-Measure-Analyze-Improve-Control (DMAIC) Model 125 / 4.3b Research and

Development (R&D) Project Life Cycle Model 125 /

4.3c Construction Project Life

Cycle Model 125

4.4 Traditional Project Executive Roles 126

4.4a Steering Team 126 / 4.4b Sponsor 127 / 4.4c

Customer 130 / 4.4d Chief Projects

Officer/Project Management Office 131

4.5 Traditional Project Management Roles 132

4.5a Functional Manager 132 / 4.5b Project Manager 132 / 4.5c Facilitator 135

4.6 Traditional Project Team Roles 136

4.6a Core Team Members 136 / 4.6b Subject Matter Experts 137

4.7 PMBOK Guide 7e 138

4.7a Team 138 / 4.7b Development Approach and Life Cycle 138 / 4.7c Project Work 138 /

4.7d Tailoring 139

4.8 Agile Projects and Organizational Capability 139

4.8a What Is Agile? 139 / 4.8b Agile Terms Used in Organizational Capability 140 /

4.8c Agile Manifesto Principles to Cover 140 / 4.8d

Why Use Agile? 140 / 4.8e What Is an

Agile Mindset? 141 / 4.8f What Is Needed for Agile to Be Successful? 141 /

4.8g What Is an Agile Project Life Cycle? 141 / 4.8h

What Are the Key Roles in Agile

Projects? 142

Summary 144

Key Terms Consistent with PMI Standards and Guides

145

Key Terms Consistent with Agile Practice 145

Chapter Review Questions 145

Discussion Questions 146

PMP Exam Study Questions 146

Exercises 147

Integrated Example Projects 147

Semester Project Instructions 149

Project Management in Action 149

References 151

Endnotes 152

CHAPTER 5

Leading and Managing Project

Teams .......................................................................

. 154

5.1 Acquire Project Team 156

5.1a Pre-assignment of Project Team Members 157 /

5.1b Negotiation for Project Team

Members 157 / 5.1c On-Boarding Project Team

Members 158

5.2 Develop Project Team 159

5.2a Stages of Project Team Development 159 / 5.2b

Characteristics of High-Performing

Project Teams 162 / 5.2c Assessing Individual Member

Capability 165 /

5.2d Assessing Project Team Capability 166 / 5.2e

Building Individual and Project Team

Capability 168 / 5.2f Establishing Project Team

Ground Rules 170

5.3 Manage Project Team 175

5.3a Project Manager Power and Leadership 175 / 5.3b Assessing Performance of Individuals and Project Teams 177 / 5.3c Project Team Management Outcomes 177

5.4 Relationship Building Within the Core Team 178

5.5 Managing Project Conflicts 179

5.5a Sources of Project Conflict 180 / 5.5b ConflictResolution Process and Styles 182

5.5c Negotiation 182

5.6 Communication Needs of Global and Virtual Teams 185

5.6a Virtual Teams 185 / 5.6b Cultural Differences 185 / 5.6c Countries and Project Communication Preferences 186

5.7 PMBOK Guide 7e 187

5.7a Team 187 / 5.7b Stakeholders 187 / 5.7c

Development Approach 187 /

5.7d Planning 187 / 5.7e Delivery 187 / 5.7f

Measurement 188 / 5.7g Uncertainty 188

5.8 Agile Project Teams 188

5.8a Agile Terms Used in Leading and Managing

Project Teams 189

Summary 191

Key Terms Consistent with PMI Standards and Guides 192

Key Terms Consistent with Agile Practice 192

Chapter Review Questions 192

Discussion Questions 193

PMP Exam Study Questions 194

Integrated Example Projects 195

Semester Project Instructions 196

Project Management in Action 197

References 199

Endnotes 200

CHAPTER 6

Stakeholder Analysis and Communication Planning ................................................ 202

6.1 Identify Stakeholders 205

6.1a Find Stakeholders 205 / 6.1b Analyze

Stakeholders 206 / 6.1c Document

Stakeholders 208

6.2 Plan Stakeholder Engagement 211

6.2a Creating a Stakeholder Engagement Assessment Matrix 211 / 6.2b Planning to Build

Relationships with Stakeholders 212

6.3 Manage Stakeholder Engagement 213

6.4 Monitor Stakeholder Engagement 214

6.5 Plan Communications Management 215

6.5a Purposes of a Project Communications Plan 215 / 6.5b Communications Plan

Considerations 215 / 6.5c Communications Matrix 218 / 6.5d Manage Project Knowledge 219

6.6 Manage Communications 219

6.6a Determine Project Information Needs 220 / 6.6b

Establish Information Retrieval

and Distribution System 220 / 6.6c Project Meeting

Management 221 / 6.6d Issues

Management 224

6.7 PMBOK Guide 7e 226

6.7a Stakeholders 226 / 6.7b Team 226 / 6.7c Planning 226 / 6.7d Delivery 226 /

6.7e Measurement 226

6.8 Agile Projects 227

6.8a Agile Terms Used in Stakeholder Analysis and Communication Planning 227 / 6.8b Agile 228

Summary 229

Key Terms Consistent with PMI Standards and Guides 230

Key Terms Consistent with Agile Practice 230

Chapter Review Questions 230

Discussion Questions 231

PMP Exam Study Questions 231

Integrated Example Projects 232

Semester Project Instructions 233

Project Management in Action 233

References 236

Endnotes 237

PART 3 Planning Projects

CHAPTER 7

Holistic Scope Planning .................................................................... .......................... 240

7.1 Plan Scope Management 241

7.2 Collect Requirements 242

7.2a Ensure Clarity of Objectives 243 / 7.2b Gather

Stakeholder Input and Needs 243 /

7.2c Define Needs as Requirements 244

7.3 Define Scope 246

7.3a Reasons to Define Scope 247 / 7.3b How to Define Scope 247

7.4 Work Breakdown Structure (WBS) 249

7.4a What Is the WBS? 249 / 7.4b Why Use a WBS? 250 / 7.4c WBS Formats 251 /

7.4d Work Packages 252 / 7.4e How to Construct a WBS 254

7.5 Establish Change Control 260

7.6 PMBOK Guide 7e 261

7.6a Team 261 / 7.6b Development Approach 261 /

7.6c Planning 262 /

7.6d Delivery 262 / 7.6e Measurement 262 / 7.6f

Uncertainty 262

7.7 Agile Projects 262

7.7a Agile Terms Used in Holistic Scope Planning 263

7.8 Using Microsoft Project for Work Breakdown Structures 265

7.8a Set Up a WBS in MS Project 265 Summary 270

Key Terms Consistent with PMI Standards and Guides

270

Key Terms Consistent with Agile Practice 270

Chapter Review Questions 270

Discussion Questions 271

PMP Exam Study Questions 271

Exercises 272

Integrated Example Projects 272

Semester Project Instructions 273

Project Management in Action 273

References 275

Endnotes 275

CHAPTER 8

Scheduling

8.2 Purposes of a Project Schedule

8.3 Historical Development of Project Schedules 279

8-4 How Project Schedules Are Limited and Created 281

8.5 Define Activities 282

8.6 Sequence Activities 285

8.6a Leads and Lags 287 / 8.6b Alternative Dependencies 287

8.7 Estimate Activity Duration 288

8.7a Problems and Remedies in Duration Estimating 289 / 8.7b Learning Curves 290

8.8 Develop Project Schedules 291

8.8a Two-Pass Method 292 / 8.8b Enumeration Method 296

8.9 Uncertainty in Project Schedules 297

8.9a Program Evaluation and Review Technique 297 / 8.9b Monte Carlo Simulation 299

8.10 Show the Project Schedule on a Gantt Chart 301

8.11 PMBOK Guide 7e 301

8.11a Team 301 / 8.11b Development Approach 302 /

8.11c Planning 302 /

8.11d Delivery 302 / 8.11e Measurement 302 / 8.11f Uncertainty 303

8.12 Schedules for Agile Projects 303

8.12a Agile Terms 304

8.13 Using Microsoft Project for Critical Path Schedules 305

8-13a Set Up the Project Schedule 306 / 8.13b Build the Network Diagram and Identify the

Critical Path 307

Summary 313

Key Terms Consistent with PMI Standards and Guides 313

Key Terms Consistent with Agile Practice 314

Chapter Review Questions 314

Discussion Questions 314

Exercises 315

PMP Exam Study Questions 317

Integrated Example Projects 318

Semester Project Instructions 319

Project Management in Action 319

References 320

Endnotes 321

CHAPTER 9

Resourcing and Accelerating

Projects .................................................................... .... 322

9.1 Abilities Needed When Resourcing Projects 324

9.1a The Science and Art of Resourcing Projects 325 / 9.1b Considerations When Resourcing

Projects 325 / 9.1c Activity- versus ResourceDominated Schedules 325

9.2 Estimate Resource Needs 326

9.3 Plan Resource Management 326

9.3a Identify Potential Resources 328 / 9.3b Determine Resource Availability 331 /

9.3c Decide Timing Issues When Resourcing Projects 331

9.4 Project Team Composition Issues 332

9.4a Cross-Functional Teams 333 / 9.4b Co-Located Teams 333 / 9.4c Virtual Teams 333 / 9.4d Outsourcing 334

9.5 Assign a Resource to Each Activity 334

9.5a Show Resource Responsibilities on RACI Chart 335 / 9.5b Show Resource Assignments on Gantt Chart 335 / 9.5c Summarize Resource Responsibilities by Time Period with Histogram 337

9.6 Dealing with Resource Overloads 337

9.6a Methods of Resolving Resource Overloads 338

9.7 Compress the Project Schedule 340

9.7a Actions to Reduce the Critical Path 341 / 9.7b Crashing 342 / 9.7c Fast Tracking 345

9.8 Alternative Scheduling Methods 346

9.8a Critical Chain Project Management (CCPM) 346 / 9.8b Reverse Phase Schedules 348 /

9.8c Rolling Wave Planning 348 / 9.8d Auto/Manual Scheduling 348

9.9 PMBOK Guide 7e 348

9.9a Team 348 / 9.9b Development Approach and Life Cycle 349 / 9.9c Project Work 349

9.10 Agile Project Resourcing 349

9.10a Agile Terms Used in Resourcing and Accelerating Projects 350

9.11 Using MS Project for Resource Allocation 351

9.11a Step 1: Defining Resources 352 / 9.11b Step 2: Set Up a Resource Calendar 353 /

9.11c Step 3: Assigning Resources 354 / 9.11d Step 4: Finding Overallocated Resources 356 /

9.11e Step 4: Dealing with Overallocations 358 / 9.11f Crashing a Critical Path Activity 358 Summary 360

Key Terms Consistent with PMI Standards and Guides

361

Key Terms Consistent with Agile Practice 361

Chapter Review Questions 361

Discussion Questions 361

PMP Exam Study Questions 362

Exercises 363

Integrated Example Projects 365

Semester Project Instructions 366

Project Management in Action 366

References 368

Endnotes 369

CHAPTER 10

Budgeting Projects

10.2a Types of Cost 373 / 10.2b Accuracy and Timing of Cost Estimates 376 /

10.2c Methods of Estimating Costs 377 / 10.2d Project Cost Estimating Issues 380

10.3 Determine Budget 384

10.3a Aggregating Costs 384 / 10.3b Analyzing Reserve Needs 385 / 10.3c Determining

Cash Flow 386

10.4 Establishing Cost Control 387

10.5 PMBOK Guide 7e 387

10.5a Planning 387 / 10.5b Measurement 388 / 10.5c Uncertainty 388

10.6 Budgeting Agile Projects 388

10.6a Agile Terms 389

10.7 Using MS Project for Project Budgets 389

10.7a Developing a Bottom-Up Project Budget

Estimate 390 / 10.7b Develop Summary

Project Budget 392

Summary 393

Key Terms Consistent with PMI Standards and Guides 393

Key Terms Consistent with Agile Practice 394

Chapter Review Questions 394

Discussion Questions 394

PMP Exam Study Questions 395

Exercises 396

Integrated Example Projects 397

Semester Project Instructions 398

Project Management in Action 399

References 400

Endnotes 401

CHAPTER 11

Project Uncertainty

11.1a Roles and Responsibilities 406 / 11.1b

Categories and Definitions 406

11.2 Identify Risks 410

11.2a Information Gathering 411 / 11.2b Reviews 411 / 11.2c Understanding

Relationships 411 / 11.2d Risk Register 412

11.3 Risk Analysis 414

11.3a Perform Qualitative Risk Analysis 414 / 11.3b

Perform Quantitative Risk

Analysis 416 / 11.3c Risk Register Updates 417

11.4 Plan Risk Responses 418

11.4a Strategies for Responding to Risks 418 / 11.4b

Risk Register Updates 421

11.5 PMBOK Guide 7e 422

11.5a Stakeholders 422 / 11.5b Team 422 / 11.5c

Development Approach 422 /

11.5d Planning 422 / 11.5e Delivery and Measurement 423 / 11.5f Uncertainty 423

11.6 Agile Projects 423

11.6a Agile Terms 424 Summary 425

Key Terms Consistent with PMI Standards and Guides

425

Key Terms Consistent with Agile Practice 426

Chapter Review Questions 426

Discussion Questions 426

PMP Exam Study Questions 427

Exercises 427

Integrated Example Projects 428

Semester Project Instructions 428

Project Management in Action 429

References 430

Endnotes 431

CHAPTER 12

Project Quality Planning and Project Kickoff ............................................................ 432

12.1 Development of Contemporary Quality Concepts 434

12.1a Quality Gurus 434 / 12.1b Total Quality

Management/Malcolm Baldrige 436 /

12.1c ISO 9001:2015 436 / 12.1d Lean Six Sigma 436

12.2 Core Project Quality Concepts 438

12.2a Stakeholder Satisfaction 438 / 12.2b Process

Management 439 / 12.2c Fact-Based

Management 442 / 12.2d Fact-Based Project

Management Example 443 /

12.2e Empowered Performance 444 / 12.2f Summary of Core Concepts 446

12.3 Plan Quality Management 447

12.3a Quality Policy 447 / 12.3b Quality Management Plan Contents 448 / 12.3c Quality

Baseline 449 / 12.3d Process Improvement Plan 449

12.4 Manage Quality 449

12.5 Control Quality 451

12.6 Cost of Quality 453

12.7 Develop Project Management Plan 454

12.7a Resolve Conflicts 454 / 12.7b Establish Configuration Management 454 /

12.7c Apply Sanity Tests to All Project Plans 454

12.8 Kickoff Project 455

12.8a Preconditions to Meeting Success 456 / 12.8b Meeting Activities 456

12.9 Baseline and Communicate Project Management Plan 457

12.10 PMBOK Guide 7e 458

12.10a Stakeholders 458 / 12.10b Team 458 / 12.10c Work 458 / 12.10d Delivery 458 /

12.10e Measurement 458 / 12.10f Uncertainty 459

12.11 Agile Projects 459

12.11a Agile Terms 460

12.12 Using MS Project for Project Baselines 461

12.12a Baseline the Project Plan 462 / 12.12b Create the First Time Baseline 462 /

12.12c Subsequent Baselines 463 / 12.12d Viewing Baselines and Variances 463

Summary 464

Key Terms Consistent with PMI Standards and Guides 465

Key Terms Consistent with Agile Practice 465

Chapter Review Questions 465

Discussion Questions 466

PMP Exam Study Questions 466

Exercises 467

Integrated Example Projects 468

Semester Project Instructions 469

Project Management in Action 469

References 470

Endnotes 471

PART 4 Performing Projects

CHAPTER 13

Project Procurement and Partnering ................................................................. ......... 474

13.1 Introduction to Project Procurement 476

13.1a Project Procurement Components 478 / 13.1b

Project Procurement Factors 478 /

13.1c Project Procurement Decisions 479 / 13.1d

Project Procurement Processes 479

13.2 Plan Project Procurement 479

13.2a Outputs of Project Procurement Planning 480 /

13.2b Make-or-Buy Decisions 480

13.3 Conduct Project Procurements 482

13.3a Sources for Potential Suppliers 483 / 13.3b

Approaches Used When Evaluating

Prospective Suppliers 483 / 13.3c Supplier Selection 485

13.4 Contract Types 487

13.4a Fixed-Price Contracts 487 / 13.4b Cost-

Reimbursable Contracts 488 / 13.4c Time and Material (T&M) Contracts 489

13.5 Control Project Procurements 490

13.6 Improving Project Procurement 490

13.6a Conflict During Project Procurement 490 / 13.6b

Lean Project Procurement 491 /

13.6c Improving Communication in Project Procurement 491

13.7 Project Partnering 492

13.7a Strategic Project Partnering 492 / 13.7b Mutual Goals in Project Partnerships 492 /

13.7c Effective Project Partnering Approaches 494 /

13.7d Securing Commitment to Partnering 495

13.8 PMBOK Guide 7e 496

13.8a Stakeholders 496 / 13.8b Planning 496 / 13.8c Work 496 / 13.8d Measurement 497

13.9 Procurement and Partnering on Agile Projects 497

13.9a Agile Terms 497

Summary 499

Key Terms Consistent with PMI Standards and Guides 499

Key Terms Consistent with Agile Practice 499

Chapter Review Questions 499

Discussion Questions 500

PMP Exam Study Questions 500

Exercises 501

Integrated Example Projects 501

Semester Project Instructions 502

Project Management in Action 502

References 504

Endnotes 505

CHAPTER 14

Determining Project Progress and Results ................................................................. 506

14.1 Project Balanced Scorecard Approach 508

14.2 Internal Project Issues 509

14.2a Direct and Manage Project Work 509 / 14.2b Monitor and Control Project Work 511 /

14.2c Monitoring Project Risk 514 / 14.2d Implement Risk Responses 514 / 14.2e Manage

Communications 515 / 14.2f Monitor

Communications 517

14.3 Customer Issues 517

14.3a Manage and Control Quality 518 / 14.3b Control Scope 524

14.4 Financial Issues 525

14.4a Control Resources 525 / 14.4b Control

Schedule and Costs 525 / 14.4c Earned Value

Management for Controlling Schedule and Costs 525

14.5 PMBOK Guide 7e Determining Project Progress and Results 531

14.5a Stakeholders 531 / 14.5b Team 531 / 14.5c

Development Approach 531 /

14.5d Planning 531 / 14.5d Delivery 531 / 14.5e

Measurement 532

14.6 Agile 532

14.6a Agile Terms 532

14.7 Using MS Project to Monitor and Control Projects 535

14.7a What Makes a Schedule Useful? 535 / 14.7b

How MS Project Recalculates the Schedule

Based on Reported Actuals 536 / 14.7c Current and Future Impacts of Time and Cost

Variance 536 / 14.7d Define the Performance Update

Process 536 / 14.7e Steps to

Update the Project Schedule 537

14.6 Replanning If Necessary 542

Summary 543

Key Terms Consistent with PMI Standards and Guides 543

Key Terms Consistent with Agile Practice 544

Chapter Review Questions 544

Discussion Questions 544

PMP Exam Study Questions 545

Exercises 546

Integrated Example Projects 547

Semester Project Instructions 549

Project Management in Action 549

References 551

Endnotes 551

CHAPTER 15

Finishing the Project and Realizing the Benefits ....................................................... 552

15.1 Validate Scope 554

15.2 Terminate Projects Early 556

15.3 Close Project 557

15.3a Write Transition Plan 557 / 15.3b Knowledge Management 557 / 15.3c Create the Closeout Report 562

15.4 Post-Project Activities 563

15.4a Reassign Workers 563 / 15.4b Celebrate Success and Reward Participants 564 /

15.4c Provide Ongoing Support 565 / 15.4d Ensure Project Benefits Are Realized 565

15.5 PMBOK Guide 7e 565

15.5a Stakeholders 565 / 15.5b Team 565 / 15.5c

Development Approach & Lifecycle/

Delivery 566

15.6 Agile Projects 566

15.7 Using MS Project for Project Closure 567

15.7a Creating Project Progress Reports 567 / 15.7b

Archiving Project Work 569

Summary 571

Key Terms Consistent with PMI Standards and Guides 571

Chapter Review Questions 571

Discussion Questions 572

PMP Exam Study Questions 572

Exercise 573

Integrated Example Projects 573

Semester Project Instructions 574

Project Management in Action 574

References 576

Endnotes 577

Appendix A PMP and CAPM Exam Prep

Suggestions ....................................................... 578

Appendix B PMP Exam Content Outline in Contemporary Project Management 5e....... 588

Appendix C Flowchart of PMBOK Guide 6e Processes and Major Deliverables ............. 590

Appendix D PMBOK Guide 6e Coverage in Contemporary Project Management 5e ...... 592

Appendix E MS Project Instructions in Contemporary Project Management 5e .............. 594

Appendix F Answers to Selected Exercises 595

Appendix G Project Deliverables 600

Appendix H Strength Themes Applied to Project Management ........................................ 605

Index 608

Chapter 1: Organizing Projects

Organizing for success in project management includes several basic frameworks for understanding projects and tools to select, prioritize, resource, and initiate projects. Basic frameworks described in Chapter 1 include how the work of project management can be categorized by knowledge areas and processes (PMBOK ® Guide 6e), principles, and performance domains (PMBOK Guide 7e), how project success is determined, and how both plan-driven and adaptive approaches are frequently used. Chapter 2 describes how projects are investments meant to help achieve organizational goals. Tools are demonstrated to select, prioritize, and resource projects. Chap- ter 3 describes how charters are essential to initiating projects and then demonstrates how to construct each portion of a charter. Find the Full Original Textbook (PDF) in the link below:

Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.