Project Management: Systems, Principles, and Applications, Second Edition(Systems Innovation Book Series)

The practice of project management continues to grow at an exponential rate. As more and more organizations realize its importance, the need for training in this area increases. Covering all major phases, this textbook presents the tools and techniques used in each stage of project management from a pedagogical perspective. Using end-of-chapter exercises, software tools, case studies, and graphical representations to supplement concepts, the author presents complete coverage of a wide range of topics, including planning, organization, scheduling, resource allocation, control, systems engineering, economics, decision analysis, and Lean and Six Sigma techniques.

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 Maslow’s 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

About the Author :
Air Force Institute of Technology, Dayton, Ohio, USA

Review :
"... addresses many aspects of project management. … The scope of subject matters in the book is very broad, covering many aspects of project management. The book is written and presented in a language and sequence that are easy to follow, thereby providing a key source for comprehension of project management. …a useful reference resource worth having close at hand and I would definitely keep a personal copy." —Ezekiel Chinyio, University of Wolverhampton, UK