Project Management: The Managerial Process, 8th Edition
Erik Larson and Clifford Gray
ISBN: 9781260570434
Project Management, 8e provides a holistic and realistic approach to Project Management that combines the human aspect and culture of an organization with the tools and methods used. It covers concepts and skills used to propose, plan secure resources, budget and lead project teams to successful completion of projects.
This text is not only focused on how the management process works, but also on why it works. The 8th edition was written for a broad range of audiences including project managers, students, analysts and Project Management Institute Members preparing for certification exams.
What's new
Structure to support understanding
The text includes a number of features designed to reinforce understanding, including Learning Objectives which are introduced at the start of each chapter and revisited at the end, and between one and five cases in every chapter to bring learning to life.
Updated and Aligned Content
Content has been reviewed and revised based on the latest edition of Project Management Body of Knowledge (PMBOK) so you can be confident you and your learners are utilizing the most current and up-to-date information
Exercises to Apply Knowledge
Many discussion questions, Snapshots from Practice, exercises and cases have been updated, all of which are designed to bolster student engagement and independent learning.
| Ch. 1 Modern Project Management | Ch. 14 Project Closure | |
| Ch. 2 Organization Strategy and Project Selection | Ch. 15 Agile Project Management | |
| Ch. 3 Organization: Structure and Culture | Ch. 16 International Projects | |
| Ch. 4 Defining the Project | ||
| Ch. 5 Estimating Project Times and Costs | APPENDIX | |
| Ch. 8 Scheduling Resources and Costs | 1 Solutions to Selected Exercises | |
| Ch. 9 Reducing Project Duration | 2 Two Computer Project Exercises | |
| Ch. 10 Being an Effective Project Manager | ||
| Ch. 12 Outsourcing: Managing Interorganizational Relations | Glossary | |
| Acronyms | ||
| Project Management Equations | ||
| Cross Reference of Project Management | ||
| Socio-Technical Approach to Project Management | ||
| Index | ||
- Chapter 1: The Investment Environment - This chapter now addresses Fintech and cryptocurrency.
- Chapter 2: Asset Classes and Financial Instruments - The material on the LIBOR scandal and proposed replacements for the LIBOR rate that may be implemented in the next few years has been updated.
- Chapter 3: How Securities Are Traded - Updated for developments in market microstructure, including the replacement of specialists by designated market makers.
- Chapter 5: Risk, Return, and the Historical Record - Extensively reorganized and substantially streamlined. The material on interest rates and the discussion of historical evidence on the risk-return relation have both been unified.
- Chapter 7: Efficient Diversification - The discussion of risk sharing, risk pooling, and time diversification has been extensively rewritten with a greater emphasis on intuition.
- Chapter 9: The Capital Asset Pricing Model - Added more discussion on extensions to the CAPM, in particular, the implications of labor and other nonfinancial income for the risk return trade-off.
- Chapter 10: Arbitrage Pricing Theory and Multifactor Models of Risk and Return - The chapter now contains an explicit illustration of the estimation and implementation of a multifactor security market line. It also contains a new section on smart betas.
- Chapter 11: The Efficient Market Hypothesis - Added more material on recently uncovered market anomalies, for example, related to volatility, accruals, growth, and profitability.
- Chapter 12: Behavioral Finance and Technical Analysis - Updated and expanded the material on the range of behavioral biases that seem to characterize investor decision making.
- Chapter 13: Empirical Evidence on Security Returns - Added a discussion of the debate concerning characteristics versus factor sensitivities as determinants of expected return.
- Chapter 24: Portfolio Performance Evaluation - Revamped the derivation and motivation of the M-square and T-square measures, which attempt to restate the Sharpe and Treynor measures in terms
Click here to view a sample chapter
About the authors
Erik Larson
Erik Larson is a Professor of project management in the department of management, marketing, and international business at the College of Business, Oregon State University, teaching executive, graduate, and undergraduate courses on project management, organizational behaviour, and leadership.
Clifford Gray
Clifford Gray is a Professor emeritus of management at the College of Business, Oregon State University. He teaches undergraduate and graduate project management courses overseas and in the United States and has personally taught more than 100 executive development seminars and workshops.
Transform learning, boost grades, stimulate engagement and deliver an amazing course
Transform learning: boost grades, stimulate engagement and deliver an amazing course
Connect is an online platform integrating ready-made course content with assessment and tools. The platform uses the most established adaptive digital technology to deliver a more effective learning experience for both students and educators across over 90 disciplines.
Connect has changed the paradigm from students adapting to the classroom to education adapting to each student. Connect’s interactive technology provides each student with a tailored learning journey, enabling them to learn at their own pace and in their own way.
Connect’s integrated, adaptive SmartBook maximises learning by helping students study more efficiently, highlighting where in the chapter to focus, asking review questions, and pointing them to additional resources until they master the content.
ABAs in Project Management are included within Connect and offer the student real-world experience of Project Management to boost their preparedness for the world and support their understanding of key concepts.
Updated, auto-graded algorithmic problem sets help students become more proficient in a topic by providing the opportunity to practice and master concepts with multiple versions of each problem.
Request a review copy
To order your Review Copy please complete the form below.
Our dedicated Academic Consultants, Digital Success and Customer Support teams are there to help you discover the right solution for your needs. We can create a bespoke offering that will allow you to achieve the institutional and commercial objectives of your learning & teaching programme.
Whether you want to adopt one of our titles or explore the use of our adaptive learning and teaching platforms, we will partner with you every step of the way to help ensure you unlock the potential of every student.
Simply complete this form to take your next step on your learning journey with McGraw-Hill Education.