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The Little Black Book of
Project Management
Third Edition
MichaelC.Thomsett
American Management Association
New York • Atlanta • Brussels • Buenos Aires • Chicago • London • Mexico City
San Francisco • Shanghai • Tokyo • Toronto • Washington, D.C.
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This publication is designed to provide accurate and authoritative
information in regard to the subject matter covered. It is sold with
the understanding that the publisher is not engaged in rendering
legal, accounting, or other professional service. If legal advice or
other expert assistance is required, the services of a competent
professional person should be sought.
Library of Congress Cataloging-in-Publication Data
Thomsett, Michael C.
The little black book of project management / Michael C. Thomsett.—
3rd ed.
p. cm.
Includes index.
ISBN-13: 978-0-8144-1529-0
ISBN-10: 0-8144-1529-6
1. Project management. I. Title.
HD69.P75 T48 2002
658.4
2
2009935594
0
2010 Michael C. Thomsett.
All rights reserved.
Printed in the United States of America.
This publication may not be reproduced,
stored in a retrieval system,
or transmitted in whole or in part,
in any form or by any means, electronic,
mechanical, photocopying, recording, or otherwise,
without the prior written permission of AMACOM,
a division of American Management Association,
1601 Broadway, New York, NY 10019.
Printing number
10987654321
c
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Contents
Introduction to the Third Edition
ix
1 Organizing for the Long Term
1
Project Definitions
5
Definition and Control
8
A New Look for Project Management
11
The Successful Project Manager
13
The Methodical Manager
16
Project Classification
18
Work Project
20
2 The Six Sigma Approach
21
The Meaning of Six Sigma
22
Business Process Management (BPM)
25
Project Participants and Goal Definitions
27
Defining Goals in Terms of Customer Service
30
Work Project
35
3 Creating the Plan
36
Setting Leadership Goals
37
Building Your Resource Network
40
Structuring Your Project Team
42
Holding a Project Announcement Meeting
44
Setting Project Objectives
48
Developing the Initial Schedule
49
Identifying Key Elements Necessary for Project
Success
51
Work Project
55
4 Choosing the Project Team
56
American Management Association
Background for Project Management
3
Defining the Project’s Scope
46
The Imposed Team Problem
57
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iv
Contents
The Commitment Problem
60
Ten important Team-Building Guidelines
62
Defining Areas of Responsibility
64
Working with Other Departments
67
The Executive Point of View
69
Delegation Problems and Solutions
71
Work Project
74
5 Preparing the Project Budget
Budgeting Responsibility
75
Checklist: Effective Budgets
79
Labor Expense: The Primary Factor
81
Additional Budgeting Segments
84
Budgeting Each Phase of Your Project
86
Budgeting Controls
90
Work Project
92
6 Establishing a Schedule
94
The Scheduling Problem
96
The Gantt Chart
98
Scheduling Control
101
The Scheduling Solution
104
Gantt Limitations
105
Work Project
107
7 Flowcharting for Project Control
109
Guidelines for Project Control
110
Listing Out the Phases
113
Work Breakdown Structures
115
Automated Project Management Systems
121
Setting Your Flowcharting Rules
124
Work Project
126
8 Designing the Project Flowchart
Activity and Event Sequences
127
The Vertical Flowchart and Its Limitations
132
The Horizontal Network Diagram and Its Advantages
134
American Management Association
Estimating Time Requirements
66
76
CPM and PERT Methods
119
129
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