...Project selection and portfolio...
...for a useful project selection/screening model. Understand...
...potential for new project investments. Recognize the...
...maintaining an optimal project portfolio for an...
...keys to successful project portfolio management. 3-*...
...PMBOK Core Concepts Project Management Body of...
...©2016 Education, Inc. Project Selection Screening models...
...Inc. Approaches to Project Screening Checklist model...
...Scoring Models Each project receives a score...
...axes Rating each project on criteria Risk...
...takes for a project to reach a...
...the moment the project breaks even. 3...
...the moment the project breaks even. 5...
...value if a project is undertaken. Higher...
...of Return A project must meet a...
...of 15%. The project does meet our...
...considered further. 3-* Project Portfolio Management The...
...Keys to Successful Project Portfolio Management Flexible...
...for a useful project selection/ screening model....
...potential for new project investments. Recognize the...
...maintaining an optimal project portfolio for an...
...keys to successful project portfolio management.  3-*...

...Understand how effective project management contributes to...
...of identifying critical project stakeholders and managing...
...the context of project development. Recognize the...
...into a “heavyweight project organization” structure to...
...to facilitate effective project management practices. Identify...
...three forms of project management office (PMO)....
...organizational culture on project management practices versus...
...that works against project management. Copyright ©2016...
...PMBOK Core Concepts Project Management Body of...
...this chapter includes: Project Procurement Management (PMBoK...
...Organizational Influences on Project Management (PMBoK 2.1)...
...©2016 Education, Inc. Project Stakeholders are defined...
...stake in the project and can potentially...
...development. 2-8 Identifying project stakeholders Internal Stakeholders...
...Other functional managers Project team members External...
...©2016 Education, Inc. Project stakeholder relationships (Figure...
...activities into departments Project organizations – group...
...group people into project teams on temporary...
...2.2) Strengths for Project Management Weaknesses for...
...Management Weaknesses for Project Management Projects developed...
...©2016 Education, Inc. Project Organizational Structure example...
...(figure 2.6) 2-16 Project Structures (table 2.3)...
...2.3) Strengths for Project Management Weaknesses for...
...Management Weaknesses for Project Management Project manager...
...for Project Management Project manager sole authority...
...decision-making Creation of project management experts Rapid...
...loyalty to the project rather than the...
...about future once project ends Copyright ©2016...
...2.4) Strengths for Project Management Weaknesses for...
...Management Weaknesses for Project Management Suited to...
...Equal emphasis on project management and functional...
...caught between competing project & functional demands...
...Education, Inc. Heavyweight Project Organizations Organizations can...
...creating a fully-dedicated project organization. Lockheed Corporation’s...
...Lockheed Corporation’s “Skunkworks” Project manager authority expanded...
...VARIOUS STRUCTURES ON PROJECT SUCCESS (FIGURE 2.8)...
...(FIGURE 2.8) 2-21 Project Management Offices Centralized...
...Alternative Levels of Project Offices (figure 2.9)...
...Control tower – project management is a...
...cadre of skilled project professionals 2-24 Copyright...
...commitment to goals Project planning Performance evaluation...
...Understand how effective project management contributes to...
...of identifying critical project stakeholders and managing...
...the context of project development. Recognize the...
...into a “heavyweight project organization” structure to...
...to facilitate effective project management practices. Identify...
...three forms of project management office (PMO)....
...organizational culture on project management practices versus...
...that works against project management. 2-30 2-*...

...to: Understand why project management is becoming...
...Understand why effective project management is such...
...challenge. Differentiate between project management practices and...
...companies to adopt project management practices. Copyright...
...and explain the project life cycle, its...
...stage in the project. Understand the concept...
...the concept of project “success,” including various...
...the purpose of project management maturity models...
...their use of project management techniques. Copyright...
...PMBOK Core Concepts Project Management Body of...
...Definition of a Project (PMBoK 1.2) Definition...
...1.2) Definition of Project Management (PMBoK 1.3)...
...Disciplines (PMBoK 1.4) Project Phases and the...
...Phases and the Project Life Cycle (PMBoK...
...What is a Project? Projects are complex,...
...Education, Inc. A project is a temporary...
...5th edition General project characteristics Projects are...
...management of change. Project management entails crossing...
...Education, Inc. General project characteristics Traditional management...
...control apply to project management. Principal outcomes...
...outcomes of a project are the satisfaction...
...Inc. Process & Project Management (Table 1.1)...
...Supports status quo PROJECT New process or...
...status quo 1-* Project Success Rates Software...
...businesses achieve 100% project success and over...
...©2016 Education, Inc. PROJECT LIFE CYCLES (FIGURE...
...(FIGURE 1.3) 1-* Project Life Cycles A...
...Life Cycles A project life cycle refers...
...stages in a project’s development and are...
...specifications of the project. Key stakeholders are...
...“work” of the project is performed. Termination...
...performed. Termination – project is transferred to...
...customer, resources reassigned, project is closed out....
...Inc. Change during project life cycle *...
...* Client Interest Project Stake Resources Creativity...
...Creativity Uncertainty 1-13 Project life cycle and...
...Quadruple constraint of project success (Figure 1.6)...
...Four dimension of project success (figure 1.7)...
...criteria for it project success 1-* System...
...Impact Organizational Impact Project management maturity Project...
...Project management maturity Project management maturity (PMM)...
...practices of successful project management firms. Benchmarking...
...process improvements of project delivery by a...
...(figure 1.9) 1-* Project Management Maturity Generic...
...Education, Inc. Developing Project Management Maturity Project...
...Project Management Maturity Project Management Maturity (PMM)...
...Business Practices Kerzner’s Project Management Maturity Model...
...Model ESI International’s Project Framework SEI’s Capability...
...Level 3: Institutionalized Project Management Level 4:...
...1-25 ESI INTERNATIONAL’S PROJECT FRAMEWORK Level 1:...
...Education, Inc. 1-27 Project Elements and Text...
...Education, Inc. 1-28 Project Manager Responsibilities Selecting...
...a team Developing project objectives and a...
...OVERVIEW OF THE PROJECT MANAGEMENT INSTITUTE’S PMBOK...
...summary Understand why project management is becoming...
...Understand why effective project management is such...
...challenge. Differentiate between project management practices and...
...companies to adopt project management practices. 1-31...
...and explain the project life cycles, its...
...stage in the project. Understand the concept...
...the concept of project “success,” including various...
...the purpose of project management maturity models...
...their use of project management techniques. 1-*...

...CHAPTER SIX linkend="ch06vig01">Project Profile Engineers without...
...Engineers without Borders: Project Teams Impacting Lives...preference="0" type="forward">Building the Project Team ...type="forward">Characteristics of Effective Project Teams ...preference="0" type="forward">Poorly Defined Project Team Roles and...
...preference="0" type="forward">Lack of Project Team Motivation ...preference="0" type="forward">Turnover Among Project Team Members ...linkend="ch06lev1sec7" preference="0" type="forward">Virtual Project Teams ...Teams linkend="ch06vig02">Project Profile ...CHARACTERISTICS OF EFFECTIVE PROJECT TEAMS A CLEAR...
...CLEAR SENSE OF PROJECT MISSION AN UNDERSTANDING...
...the basis for project and team ground...
...committing to the project development process. Performing...
...completion of the project or through significant...
...PUNCTUATED EQUILIBRIUM 6.5 PROJECT TEAM CROSS-FUNCTIONAL COOPERATION...
...characteristics of high-performing project teams. List the factors...
...purpose of the project. A strong understanding...
...goals of the project is in a...
...relation to accomplishing project goals. It also...
...around the same project goals and motivating...
...excited about the project and raising the...
...energy level around project activities. Teams that...
...more driven toward project goals and may...
...time to the project. Cohesiveness helps create...
...it necessary for project teams to move...
...is on visible project progress. Trust and...
...happens when the project is over. Group...
...members and the project manager need to...
...midpoint in the project? What does this defining...
...triggers a mid-life project transition. The event...
...outcomes for a project. Why are psychosocial outcomes...
...so important for project team members? Task...
...successful completion of project goals. Psychosocial outcomes...
...of the entire project experience. These outcomes...
...and treat a project team conflict episode?...
...in a hypothetical project team conflict episode....
...and eliminate. A project manager who wishes...
...in that the project manager renders a...
...those involved. The project manager instead listens...
...duration of the project. When nothing can...
...had allowed its project management practices to...
...assignment to a project team was often...
...on projects, and project team staffing. It...
...the use of project teams to improve...
...approach to staffing project teams? Is the...
...poor performers onto project teams. How would...
...organization. Managers saw project teams as a...
...of authenticity operates, project team staffing will...
...by giving the project manager authority to...
...manner in which project management declined in...
...in which the project manager had no...
...theme with multi-functional project teams is a...
...contributions of other project team members are...
...brings to the project. Not only does...
...committed to the project due to frequent...
...effects within a project team. Develop a...
...serve as the project manager and two...
...meet with the project manager; thus, a...
...behaviors. Should the project manager develop an...
...occur. Should the project manager arbitrate the...
...on a distributed project team. In this...
...combination of geographically-dispersed project team members, faulty...
...progress on the project. Furthermore, an additional...
...is that distributed project teams do not...
...members of the project team. Kate’s difficulties...
...“newness” of geographically-dispersed project teams. Questions: How...

... Project Management: Achieving Competitive...
...Understand how effective project management contributed to...
...Understand how effective project management contributed to...
...Understand how effective project management contributed to...
...strategic perspective on project management might ask...
...to undertaking a project? A) What is...
...B) Does this project support the company...
...budget for this project? D) Can we...
...Understand how effective project management contributed to...
...Understand how effective project management contributed to...
...Understand how effective project management contributed to...
...Understand how effective project management contributed to...
...the Customer Survey Project, the Small Business...
...Small Business Alliance Project, and the Employee...
...the Employee Relations Project is most likely...
...Understand how effective project management contributed to...
...9) The same project managed in the...
...Understand how effective project management contributed to...
...Understand how effective project management contributed to...
...tactical step in project management. Answer: FALSE...
...Understand how effective project management contributed to...
...Understand how effective project management contributed to...
...Understand how effective project management contributed to...
...the statement, "successful project management is contextual"?...
...in which a project will flourish or...
...backdrop around which project activities must operate,...
...Understand how effective project management contributed to...
...force behind its project development. Many firms...
...to evaluating new project opportunities as a...
...Understand how effective project management contributed to...
...announced a new project within the past...
...how the new project, which could be...
...threats and the project offered as an...
...stake in the project and can potentially...
...include top management, project team members, and...
...described as: A) Project leaders. B) Project...
...Project leaders. B) Project workers. C) Stakeholders....
...of identifying critical project stakeholders and managing...
...the context of project development. Classification: Concept...
...can potentially impact project development. C) Stakeholders...
...of identifying critical project stakeholders and managing...
...the context of project development. Classification: Concept...
...external to a project but possess the...
...effectively disrupt the project's development are: A)...
...of identifying critical project stakeholders and managing...
...the context of project development. Classification: Concept...
...with receiving the project as quickly as...
...of identifying critical project stakeholders and managing...
...the context of project development. Classification: Application...
...is an internal project stakeholder group? A)...
...of identifying critical project stakeholders and managing...
...the context of project development. Classification: Concept...
...stakeholder group? A) Project team members B)...
...of identifying critical project stakeholders and managing...
...the context of project development. Classification: Concept...
...resources that the project team needs to...
...to complete the project is: A) Suppliers....
...of identifying critical project stakeholders and managing...
...the context of project development. Classification: Concept...
...of identifying critical project stakeholders and managing...
...the context of project development. Classification: Concept...
...of identifying critical project stakeholders and managing...
...the context of project development. Classification: Concept...
...Knowledge 28) Cleland's project stakeholder management cycle:...
...of identifying critical project stakeholders and managing...
...the context of project development. Classification: Concept...
...looks at a project's customers and determines...
...of identifying critical project stakeholders and managing...
...the context of project development. Classification: Concept...
...groups in a project. Answer: TRUE Diff:...
...of identifying critical project stakeholders and managing...
...the context of project development. Classification: Concept...
...of identifying critical project stakeholders and managing...
...the context of project development. Classification: Concept...
...of identifying critical project stakeholders and managing...
...the context of project development. Classification: Critical...
...investigation into the project's impact – will...
...negative reaction. The project team should also...
...acknowledging that the project manager and team...
...of identifying critical project stakeholders and managing...
...the context of project development. Classification: Application...
...Sketch the Cleland project stakeholder management cycle...
...Answer: The Cleland Project Stakeholder Management Cycle...
...time and the project progress, and as...
...environment changes, the project team must cycle...
...of identifying critical project stakeholders and managing...
...the context of project development. Classification: Concept...
...of identifying critical project stakeholders and managing...
...the context of project development. Classification: Concept...
...product, geography, and project. Functional structures group...
...or physical location. Project grouping puts people...
...in the same project in the same...
...of identifying critical project stakeholders and managing...
...the context of project development. Classification: Concept...
...involved in a project. B) The number...
...days that the project manager is allowed...
...to complete the project. C) The number...
...B) Geography. C) Project. D) Product. Answer:...
...about organization for project management is BEST?...
...organization specifies how project team members should...
...communicate with the project manager. B) The...
...B) The internal project team structure specifies...
...development of the project. C) Two distinct...
...simultaneously within the project management context: the...
...structure and the project team structure. D)...
...today is: A) Project. B) Functional. C)...
...departments are: A) Project organizations. B) Functional...
...Matrix organization C) Project organization. D) Flexible...
...a number of project teams. His annual...
...each of the project managers, all of...
...Functional organization. B) Project organization. C) Cross-functional...
...a weakness for project management because: A)...
...the environment. C) Project coordination is assigned...
...Functional structure. C) Project structure. D) Process...
...control of the project manager in a:...
...Functional structure. C) Project structure. D) Process...
...Knowledge 54) A project structure for an...
...Creates legions of project management experts. B)...
...of unemployment by project team members once...
...members once the project has ended. D)...
...overall organization by project team members. Answer:...
...fluctuations associated with project completion and initiation...
...Functionally structured. B) Project structured. C) Matrix...
...of a: A) Project structure. B) Matrix...
...Knowledge 57) The project manager controls most...
...most of the project activities and functions,...
...and control of project resources in the:...
...the Super Burrito Project is in the...
...of an important project team meeting but...
...for Super Burrito Project work. The organizational...
...Weak matrix. C) Project organization. D) Chevre...
...organizational structure for project management occurs when:...
...and the competing project. C) The number...
...dual importance of project management and functional...
...matrix organization for project management has a...
...must reconcile competing project and functional demands....
...functional demands. D) Project importance is enhanced...
...Knowledge 62) A project organization does not...
...functional organization, the project organization, and the...
...the organization. A project organization is set...
...assigned to the project for as long...
...long as the project needs them. A...
...of functional and project alternatives and seeks...
...of authority between project emphasis and functional...
...to manage a project? Answer: A functional...
...of product or project supported, but rather...
...for a central project management function and...
...efforts on a project that is not...
...affected by a project may put forth...
...of each for project management. Answer: A...
...to as a project matrix). A weak...
...resources and manages project components. The strong...
...over to the project manager. If the...
...the functional and project managers differ in...
...be a true project organization. If the...
...such that a project organization form is...
...is a pure project structure for an...
...structure? Answer: A project structure is set...
...running projects. Each project is a self-contained...
...with a dedicated project team. The project...
...project team. The project manager is the...
...leader of the project and the staff...
...tenure with the project are left to...
...discretion of the project manager, who is...
...authority for the project. The four advantages...
...text are: the project manager is the...
...control of the project; improved communication among...
...improved communication among project team members; there...
...supply of trained project management professionals; and...
...a fully dedicated project organization is captured...
...term: A) Heavyweight project organization. B) Matrix...
...into a "heavyweight project organization" structure to...
...to facilitate effective project management practices. Classification:...
...was a: A) Project matrix. B) Project...
...Project matrix. B) Project organization. C) Balanced...
...into a "heavyweight project organization" structure to...
...to facilitate effective project management practices. Classification:...
...was a: A) Project organization. B) Balanced...
...Balanced matrix. C) Project matrix. D) Functional...
...into a "heavyweight project organization" structure to...
...to facilitate effective project management practices. Classification:...
...was a: A) Project matrix. B) Project...
...Project matrix. B) Project organization. C) Balanced...
...into a "heavyweight project organization" structure to...
...to facilitate effective project management practices. Classification:...
...Knowledge 71) A project management office is...
...responsibility from the project manager. Answer: TRUE...
...2 Section: 2.5 Project Management Offices LO:...
...into a "heavyweight project organization" structure to...
...to facilitate effective project management practices. Classification:...
...model of the project management office (PMO)...
...2 Section: 2.5 Project Management Offices LO:...
...into a "heavyweight project organization" structure to...
...to facilitate effective project management practices. Classification:...
...model of the project management office (PMO)...
...1 Section: 2.5 Project Management Offices LO:...
...into a "heavyweight project organization" structure to...
...to facilitate effective project management practices. Classification:...
...model of the project management office (PMO)...
...1 Section: 2.5 Project Management Offices LO:...
...into a "heavyweight project organization" structure to...
...to facilitate effective project management practices. Classification:...
...as a pure project structure. What changes...
...mentality to a project mentality? Answer: A...
...mentality? Answer: A project structure is set...
...a college degree project, the student's employment...
...president or VP project, and any children...
...student is the project manager and to...
...great extent, the project team, operating autonomously...
...the career ladder project. Diff: 2 Section:...
...into a "heavyweight project organization" structure to...
...to facilitate effective project management practices. Classification:...
...are called: A) Project management offices. B)...
...1 Section: 2.5 Project Management Offices LO:...
...three forms of project management office (PMO)....
...central repository for project documentation. C) To...
...To replace the project manager as being...
...responsible for the project. D) As the...
...the place where project management improvements are...
...1 Section: 2.5 Project Management Offices LO:...
...three forms of project management office (PMO)....
...supply a company's project manager with assistance...
...A) Composing a project culture document. B)...
...2 Section: 2.5 Project Management Offices LO:...
...three forms of project management office (PMO)....
...supply a company's project manager with assistance...
...2 Section: 2.5 Project Management Offices LO:...
...three forms of project management office (PMO)....
...1 Section: 2.5 Project Management Offices LO:...
...three forms of project management office (PMO)....
...the skill of project management under the:...
...tower model. D) Project model. Answer: C...
...2 Section: 2.5 Project Management Offices LO:...
...three forms of project management office (PMO)....
...skilled and trained project professionals as needed...
...2 Section: 2.5 Project Management Offices LO:...
...three forms of project management office (PMO)....
...an eye on project status without influencing...
...without influencing the project. B) Establishing standards...
...accepted protocols for project management. D) Improving...
...current state of project management procedures. Answer:...
...1 Section: 2.5 Project Management Offices LO:...
...three forms of project management office (PMO)....
...an organization develop project management skills. C)...
...organization. D) All project management skills are...
...2 Section: 2.5 Project Management Offices LO:...
...three forms of project management office (PMO)....
...three types of project management offices with...
...and effectiveness in project management. Answer: A...
...management. Answer: A project management office (PMO)...
...involvement in the project management process. The...
...tracking and monitoring project progress. The control...
...tower model treats project management as a...
...for continually improving project management skills. The...
...trained and skilled project professionals as they...
...2 Section: 2.5 Project Management Offices LO:...
...three forms of project management office (PMO)....
...organizational culture affects project management is by:...
...B) Where the project occurs and how...
...to complete the project. D) How departments...
...organizational culture on project management? A) The...
...trust exists among project team members C)...
...95) A failing project becomes a black...
...is known in project management circles as:...
...contextual factor in project management? A) Organizational...
...organizational culture impacts project management? Answer: Organizational...
...culture may affect project management in at...
...in pursuit of project goals. Second, the...
...goals of the project on balance with...
...the culture influences project planning processes such...
...the performance of project teams and how...
...organizational culture on project management practices versus...
...that works against project management. Classification: Concept...
...evidence identifying a project as failing, no...
...organizational culture on project management practices versus...
...that works against project management. Classification: Concept...

...means the jth project is selected, and...
...means the jth project is omitted. The...
...indicates that the project 2 with the...

...RISKS IN CONSTRUCTION....................................................................................28 PROJECT STRUCTURING.................................................................................28 CONTRACT FORMS..........................................................................................................................29...
...ALLOCATION OF RISK......................................................................................30 PROJECT FINANCING RISK.............................................................................................................30 RISK...
...contractors on a project. The owner awards...
...with a particular project. The document may...
...nature of the project, the nature of...
...with respect to project definition, the description...
...dates in the project, as an architect...
...on a construction project should keep very...
...on a construction project is the preparation...
...as well. Detailed project drawings and specifications...
...bids, in the project tendering process, the...
...to the particular project. It will normally...
...nature of the project: plans and specifications;...
...in an excavation project, the extent of...
...percentage of the project costs: instead, the...
...on a cost-plus project. The contractor receives...
...or when a project is not well...
...that the overall project is coordinated to...
...particularly on larger project, to depart from...
...portions of a project while other portions...
...who coordinates the project and also might...
...to respond to project requirements, the need...
...and constructs the project but is also...
...contractor operates the project over a fixed...
...to transfer the project to the government...
...on a construction project to carefully address...
...of each particular project with a view...
...the outset by project participants can lead...
...lead to lower project costs and lessen...
...equitable risk allocation. PROJECT STRUCTURING As experienced...
...process on each project to analyze the...
...relationships between various project participants. For example,...
...circumstances of each project, it may be...
...subcontractors on the project. Another example of...
...is where the project architect does not...
...of the "traditional" project structure with a...
...advisors in determining project structure will be...
...on the traditional project structure where the...
...necessary where the project structure is not...
...circumstances of each project. With that concept...
...price contract form. PROJECT FINANCING RISKGC 5.1...
...to fund the project, and thereby reduce...
...parts of the project or when work...
...of the particular project. Perhaps one of...
...is advisable for project participants to also...
...claims from unpaid project participants it is...
...obtained on each project. Where design risks...
...principal for the project described in the...
...substantiating that the project owner and/or engineer...
...parts of the project had been subject...
...that overall the project quantities were reasonably...
...cooperation among all project participants. Partnering is...
...participants on a project on the mutual...
...assist in resolving project disputes at as...
...stage as possible. Project Neutral This approach...
...appointment of a project neutral, typically, an...
...developments on the project with a view...
...unbiased basis. The project neutral may be...
...parties. Conceivably the project neutral could be...
...of implementing preventive project approaches and ADR...
...on a construction project can be most...
...finance the construction project); the prior mortgage...