Situational Project Management

Appendix A

Answers to Introductory Questions

Chapter 1

Q1 (b) For most families, a new house is a major project. They will have to agree on the configuration from the parts and will have to ensure financing. The construction company will probably regard the entire neighborhood as a project.

Q2 (a) Uncertainty on the specifications and other details of the deliverables of a project is a common element of project management. Project managers should respond to this uncertainty with methodical approaches, not with tinkering.

Q3 (d) Projects are investments, and investors sacrifice a lot to make them. They could use the money invested otherwise—for example, buy themselves a yacht, invite their loved ones to an expensive dinner, or invest the money ...