Project Management Time and Cost Exercises
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PROJECT MANAGEMENT: THE MANAGERIAL PROCESS, SIXTH EDITION
Published by McGrawHill Education, 2 Penn Plaza, New York, NY 10121. Copyright © 2014 by McGrawHill Education. All rights reserved. Printed in the United States of America. Previous Edition © 2011. No part of this publication may be reproduced or distributed in any form or by any means, or stored in a database or retrieval system, without the prior written consent of McGrawHill Education, including, but not limited to, in any network or other electronic storage or transmission, or broadcast for distance learning.
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Library of Congress CataloginginPublication Data Gray, Clifford F. Project management : the managerial process / Erik W. Larson, Clifford F. Gray.—Sixth edition. pages cm Previous editions published as: Project management : the managerial process / Clifford F. Gray, Erik W. Larson. ISBN 9780078096594 (alk. paper) 1. Project management. 2. Time management. 3. Risk management. I. Larson, Erik W., 1952 II. Title. HD69.P75G72 2014 658.4'04—dc23
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About the Authors
Erik W. Larson ERIK W. LARSON is professor of project management at the College of Business, Oregon State University. He teaches executive, graduate, and undergraduate courses on project management and leadership. His research and consulting activities focus on project management. He has published numerous articles on matrix management, product development, and project partnering. He has been honored with teaching awards from both the Oregon State University MBA program and the University of Oregon Executive MBA program. He has been a member of the Portland, Oregon, chapter of the Project Management Institute since 1984. In 1995 he worked as a Fulbright scholar with faculty at the Krakow Academy of Economics on modernizing Polish business education. He was a visiting professor at Chulalongkorn University in Bangkok, Thailand, and at BadenWuerttemberg Cooperative State University in Bad Mergentheim, Germany. He received a B.A. in psychology from Claremont McKenna College and a Ph.D. in management from State University of New York at Buffalo. He is a certified project management professional (PMP) and Scrum Master.
Clifford F. Gray CLIFFORD F. GRAY is professor emeritus of management at the College of Business, Oregon State University. He continues to teach undergraduate and graduate project management courses overseas and in the United States; he has personally taught more than 100 executive development seminars and workshops. His research and consulting interests have been divided equally between operations management and project management; he has published numerous articles in these areas, plus a text on project management. He has also conducted research with colleagues in the International Project Management Association. Cliff has been a member of the Project Management Institute since 1976 and was one of the founders of the Portland, Oregon, chapter. He was a visiting professor at Kasetsart University in Bangkok, Thailand, in 2005. He was the president of Project Management International, Inc. (a training and consulting firm specializing in project management) 1977–2005. He received his B.A. in economics and management from Millikin University, M.B.A. from Indiana University, and doctorate in operations management from the College of Business, University of Oregon. He is certified Scrum Master.
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“Man's mind, once stretched by a new idea, never regains its original dimensions.”
Oliver Wendell Holmes, Jr.
To my family who have always encircled me with love and encouragement—my parents (Samuel and Charlotte), my wife (Mary), my sons and their wives (Kevin and Dawn, Robert and Sally) and their children (Ryan, Carly, Connor and Lauren).
C.F.G.
“We must not cease from exploration and the end of all exploring will be to arrive where we begin and to know the place for the first time.”
T. S. Eliot To Ann whose love and support has brought out the best in me. And, to our girls Mary, Rachel, and TorTor for the joy and pride they give me. Finally, to my muse, Neil, for the faith and inspiration he instills.
E.W.L
