After studying this chapter, you should be able to:
3.1: Describe the importance of projects to a firm and list the qualities that make a project a success.
3.2: Identify the stages of the typical life cycle of a project.
3.3: Explain how scope management techniques, statement-of-work documents, work breakdown structures, and risk management principles enable firms to conceptualize, plan, and organize projects.
3.4: Use analytical tools to calculate project schedules.
3.5: Identify the main supply chain activities of a project and the qualities that should be considered when designing the project’s supply chain.
3.6: Demonstrate how to execute, track, and terminate projects.
3.7: Identify the critical steps in planning for sustainability in projects.
3.8: Discuss issues related to global project management.