What is MindTap? Available Study Tools. ISBN It gives you complete control of your course—to provide engaging content, to challenge every individual, and to build their confidence. Empower students to accelerate their progress with MindTap. MindTap: Powered by You. Project management the managerial process 7th edition solution manual pdf All businesses have processes whether it is to assemble a product process a credit card payment onboard an employee or check for quality assurance.
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Ad Increase business efficiency with Odoo. An Introduction to Performance Monitoring Evaluation. Incorrect The project charter is sometimes called a project authorization or a project initiation document. Surveys of stakeholders can be used to gather only quantitative data. Incorrect Surveys of stakeholders can be used to gather quantitative and qualitative date necessary to make a decision about going forward with a project. The project title should be a code word even if the project is not confidential.
Incorrect The project title should be concise and communicate a vision for the end result of the project, unless confidentiality is necessary and a code name is used. The project purpose in the project charter may include prior documents for selecting the project. Incorrect The project purpose in the project charter summarizes the need and justification for the project and may reference prior documents for the rationale for the project.
The project description in the project charter is a high-level description of the project and references more detailed documents regarding key performance requirements. Incorrect The project description in the project charter provides a high-level description of the project and may include the major tasks, major phases, and a work breakdown structure.
Identify and describe at least eight elements of a project charter. The project objective in the project charter indicates the deliverable, schedule, and budget for a project. Incorrect The project objective in the project charter states what is expected to be accomplished and can include the expected time frame and the funds authorized. The success criteria in the project charter indicate the expected benefits of the project including what the expectations are for project success.
Incorrect The success criteria or expected benefits in the project charter indicate the quantitative benefits of the project. Funding statements in a project charter may be broken into the amount authorized by project phase. The funding amount listed in a project charter indicates the total amount of funds authorized for the project. Incorrect The funding amount listed in a project charter indicates the total amount of funds authorized for the project. The major deliverables in the project charter describe the details of the work packages in the work breakdown structure.
Incorrect The major deliverables in the project charter state what is expected to be completed at the end of the project. The acceptance criteria describe the criteria necessary for the sponsor to approve the deliverables. Incorrect The acceptance criteria for a project describe the quantitative criteria for each major deliverable. Meeting the acceptance criteria listed in the project charter means the customer is satisfied.
Incorrect Meeting the acceptance criteria means the deliverable has met the quantitative criteria; it does not mean that the customer is satisfied with the performance of the project team or the final deliverable. A milestone schedule lists target dates for phases of a project.
These key events could be deliverables or phases. Incorrect A milestone schedule lists the target dates or times for the achievement of key events for the project.
The project justification includes the key assumptions for the project. Incorrect The key assumptions include those in the base for the project justification and rationale, and include assumptions about resources for the project. The project charter should include as many risks as can be brainstormed to be sure to have enough funds for contingencies.
Incorrect The project charter should identify major risks, which include any risk that the sponsor thinks has a high likelihood of occurrence or a high degree of potential impact. Project approval requirements state when the sponsor wants to review the progress of the project and make decisions about moving to the next phase. Incorrect The approval requirements define the limits of authority of the project manager. If the project manager is selected in the initiating phase of the project, then the project manager is likely to participate in the development of the project charter for the project.
This person may prepare the project charter if selected early enough in the project life cycle. Incorrect The project manager section of a project charter identifies the person from the organization that is assigned as the project manager. A project should have weekly project status review meetings supplemented with written project reports. The frequency should be often enough for the sponsor to approve the deliverables and for the project team to reduce problems due to project delays.
This may be daily, weekly, or even monthly and is dependent upon the project. The sponsor designee is the project manager of the project. Incorrect The sponsor designee is the individual who the sponsor designates to act on behalf of the project sponsor and the project manager is accountable to this person. The approval date for the project is the project start date.
Incorrect The approval signature and date in the project charter indicate that the sponsor has officially or formally authorized the project and the date is considered to be when the clock starts ticking for accomplishing the key milestones for the project. All projects require a project charter to start the project. Incorrect Projects that are informal or done in response to an unexpected event may not be appropriate for a project charter. A request for proposal is required for projects that are completed by an external contractor to an organization.
False Projects that are informal or done in response to an unexpected event may not be appropriate to have a request for proposal. Incorrect Projects that are informal or done in response to an unexpected event may not be appropriate to have a request for proposal. Part of preparing a request for proposal is soliciting the request to potential bidders on the project. Incorrect Organizations may have a list of potential bidders or may advertise in selected newspapers or websites.
A request for proposals helps the organization decide which contractor to use. Incorrect A request for proposals helps the organization decide which contractor to use.
A good RFP allows contractors or a project team to understand what the customer expects. Incorrect A good RFP allows contractors or a project team to understand what the customer expects. The RFP must state the project objective or purpose, including any rational or background information that may be helpful to contractors so that they can prepare thorough and responsive proposals.
Incorrect The RFP must state the project objective or purpose, including any rational or background information that may be helpful to contractors so that they can prepare thorough and responsive proposals. An RFP must provide a statement of work. Incorrect An RFP must provide a statement of work. The acceptance criteria deals with the scope of the project, outlining the tasks or work elements the customer wants the contractor or project team to perform.
Costs should include onetime and on-going expenses. Additional data such as specific tasks and timeframes is also needed. What exactly should Jennifer require the others to submit in the way of proposals? Each proposal should include the cost and anticipated benefits of the project. At a minimum, it should also include the tasks to be performed, the resources used, and a schedule. In explaining your answer, address the concerns and positions of Julie, Tyler, Jeff, and Joe.
At this point it is too early to tell. Jennifer must evaluate each of the proposals based on the established criteria and then select the proposal or proposals that provide the greatest benefit to the company.
Group Activity This is an excellent way to stimulate class discussion and interest. Take a few minutes and have some students act it out in class. After Jennifer and Joe re-enter the room, have all five participants role-play preferably in front of the class a meeting with Jennifer in which Julie, Tyler, and Jeff try to sell her on the prioritized list of projects and Joe promotes his agenda. Discuss what took place. What positions did the players take?
How was the final decision made? W hat was the final decision? Case Study 2 Transportation Improvements This case involves a large, mostly sparsely populated county that has a fairly mountainous terrain. Various road projects are being discussed. What criteria should Zachary use to evaluate the projects?
Various options can be used as discussed in this chapter. The criteria should be defined in advance of evaluating the projects. Encourage students to explain why they chose particular criteria to evaluate the projects. What assumptions should he make? What data and information should he gather and how should he go about gathering the data and information? Surveys and various types of research methods could be used to gather data related to the assumptions in the case study.
After he has evaluated each project against the evaluation criteria, how should he decide the priority of the three projects? This is a great opportunity to get the class to walk through the four-step project selection process. Split the class into groups and have the students compare the outcomes and suggestions developed in each group with the others.
Group Activity Ask each course participant to individually answer the first case question. Then, divide the course participants into groups of three or four to discuss the case questions.
Each group must select a spokesperson to present its answers to the entire class. Optional Supplemental Activities 1. These articles are typically very readable and might relate to something that interests your students. Have each student read one such article and prepare a one-page summary.
If time permits, have each student discuss his or her article in class. Have students find a Request for Proposal on the Web and evaluate it against the guidelines in this book. Have a certified Project Management Professional make a presentation to the class and answer questions about the value of certification. Have students examine the sections on project integration management and project procurement management.
Based on the results of your search, find an RFP that has been posted on the Web. What company developed the RFP, and what is the company looking to accomplish? Evaluate the effectiveness of this RFP based on information you have studied in this chapter. Discuss the strengths and weaknesses of the RFP. Are there any items missing from the RFP that should have been included?
Download the RFP, and based on what you learned in this chapter, revise it. Highlight the areas you revised. What makes your revised RFP better than the original? Locate a website that provides suggestions for developing RFPs. Compare and contrast this with what was presented in the chapter. Perform a Web search for software systems that can help you develop an RFP.
Provide the Web address and a brief summary for three of the systems you found. Download a demo copy of at least one, if possible. Successful project management 7th edition gido solutions manual. Read Now. Go explore.
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