Features
Outlines a systems approach to managing projects
Covers qualitative principles for project planning and control
Includes contemporary best practices of project management
Combines mathematical techniques with management concepts for cost, schedule, and quality management
Presents project schedule performance appraisal techniques
Pedagogical Features
Presents case examples and illustrations to convey lessons learned
Provides end-of-chapter exercises and a solutions manual
Summary
As organizations realize the benefits of PM, the need to develop effective management tools rises with the increasing complexity of new technologies and processes. Taking a systems approach to accomplishing goals and objectives, Project Management: Systems, Principles, and Applications covers contemporary tools and techniques of PM from an established pedagogical perspective.
A project can be simple or complex. In each case, proven PM processes must be followed with a world systems view of the project environment. While on-the-job training is possible for many of the PM requirements, rigorous and formal training must be used. Consequently, PM resources are of high utility. This text fills the void that exists in the availability of PM resources. Although individual books dealing with management principles, optimization models, and computer tools are available, there are few guidelines for the integration of these three areas for PM purposes.
This book integrates these areas into a comprehensive guide to PM. It introduces the triad approach to improve the effectiveness of PM with respect to schedule, cost, and performance constraints within the context of systems modeling. It provides details on an integrated systems PM approach that can help diminish the adverse impacts of these issues through good project planning, organizing, scheduling, and control
Table of Contents
Systems Principles for Project Management
Lessons from Classical Control Systems
Improved Organizational Performance
Definition of Systems Engineering
Project Systems Logistics
Systems Constraints
Systems Influence Philosophy
Systems Value Modeling
Example of Value Vector Modeling
Management by Project
Integrated Systems Implementation
Critical Factors for Systems Success
Early Systems Engineering
DODAF Systems Architecture for Project Management
Grand Challenges for Engineering
Systems View of the Grand Challenges
Body of Knowledge Methodology
Components of the Knowledge Areas
Project Systems Structure
Project Systems Implementation Outline
Systems Decision Analysis
Group Systems Decision-Making Models
Systems Hierarchy
D-E-J-I Model for Project Execution
Design Stage of D-E-J-I
State Transformation
Evaluation Stage of D-E-J-I
Half-Life Computation for Learning Curves
Justification Stage of D-E-J-I
Integration Stage of D-E-J-I
Exercises
References
Systems-Wide Project Planning
Project Planning Objectives
Time-Cost-Performance Criteria for Planning
Systems Levels of Planning
Components of a Plan
Motivating the Project Team
Axiom of Theory X
Axiom of Theory Y
Maslows Hierarchy of Needs
Hygiene Factors and Motivators
Management by Objective
Management by Exception
Project Feasibility Study
Scope of Feasibility Analysis
Contents of Project Proposals
Budget Planning
Project Work Breakdown Structure
Legal Systems Considerations
Systems Information Flow
Cost and Value of Information
Triple C Model
Resolving Project Conflicts with Triple C
Classical Abilene Paradox
Exercises
Reference
Project Systems Organization
Environmental Factors in Project Organization
Issues in Social and Cognitive Domains
Organizational Breakdown Structure
Formal and Informal Structures
Functional Organization
Product Organization
Matrix Organization Structure
Mixed Organization Structure
Alternate Organization Structures
Organizing Multinational Projects
Exercises
Project Scheduling
Fundamentals of Network Analysis
Critical Path Method
CPM Calculation Example
Determination of Critical Activities
Gantt Charts
PERT Network Analysis
Precedence Diagramming Method
Formulation of Project Graph
Exercises
Systematic Resource Allocation
Resource Allocation and Management
Resource-Constrained Scheduling
Resource Allocation Examples
Resource Allocation Heuristics
Quantitative Modeling of Worker Assignment
Takt Time for Activity Planning
Resource Work Rate
Work Rate Examples
Resource-Constrained PDM Network
Critical Resource Diagram
Resource Schedule Chart
Resource Loading and Leveling
Probabilistic Resource Utilization
Learning Curve Analysis
Interruption of Learning
Learning Curves in Health-Care Projects
Exercises
References
Project Control System
Elements of Project Control
Information for Project Control
Control Charts
Statistical Analysis for Project Control
Probabilistic Decision Analysis
Decision Trees
Project Control through Rescheduling
Experimental Analysis for Project Control
Control through Termination
Exercises
Project Systems Modeling and Optimization
Project Modeling
General Project Scheduling Formulation
Linear Programming Formulation
Activity Planning Example
Resource Combination Example
Resource Requirements Analysis
LP Formulation
Integer Programming Approach for Resource Scheduling
Time-Cost Trade-Off Model
Goal Programming
Exercises
References
Cost Systems Analysis
Economic Analysis Process
Simple and Compound Interest Rates
Investment Life for Multiple Returns
Nominal and Effective Interest Rates
Cash-Flow Patterns and Equivalence
Compound Amount Factor
Present Worth Factor
Uniform Series Present Worth Factor
Uniform Series Capital Recovery Factor
Uniform Series Compound Amount Factor
Uniform Series Sinking Fund Factor
Capitalized Cost Formula
Permanent Investments Formula
Arithmetic Gradient Series
Increasing Geometric Series Cash Flow
Decreasing Geometric Series Cash Flow
Internal Rate of Return
Benefit-Cost Ratio
Simple Payback Period
Discounted Payback Period
Fixed and Variable Interest Rates
Amortization of Capitals
Equity Break-Even Point
Analysis of Tent Cash Flows
Special Application of Arithmetic Gradient Series
Design and Analysis of Tent Cash-Flow Profiles
Derivation of General Tent Equation
Multi-Attribute Project Selection
Utility Models
Additive Utility Model
Multiplicative Utility Model
Fitting a Utility Function
Polar Plots
Analytic Hierarchy Process
Cost Benchmarking
Exercises
References
Advanced Topics in Project Planning and Control
Forecasting Techniques
Classical Inventory Management
Calculation of Total Relevant Cost
Seasonal Pattern Modeling
Exercises
Advanced Techniques for Multiresource Scheduling
Notations Used in the Methodology
Analysis of Project Resources
Resource Modeling Background
Multiresource Methodology
Modeling of Resource Characteristics
Resource Mapper
Activity Scheduler
Model Implementation and Graphical Illustrations
References
Case Examples and Applications
Case Example: Project Systems View of World Economy
Global Systems View of the World
Economic Interdependence Model
Hybridization of Cultures
Market Integration as a Factor of Deterrent
Pursuit of Global Awareness for the Sake of Deterrent
Questions for Overseas Economic Engagement
Questions for Assessing Local Conditions
Questions for Economic-Cultural Nuances
Questions for Geographic Awareness
Questions for General Assessment
Labor as a Vehicle of Mutual Development
Awareness of Overseas Workforce Constraints
Hierarchy of National Needs
Prevention Is Better than Correction
Empathy, Sympathy, and Compassion Instead of Apathy
Sustainability of Global Alliances
Summary of the Case Example
References
Case Application: Coordination of Multinational Projects
Appendix A: Project Formulas
Appendix B: Project Management Acronyms
Appendix C: Project Terms and Definitions
Index
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