HELPPPPPP Write half a page to the topic/case and include sections of the chapter that apply to the topic.

CHAPTER 5 PROJECTS Learning Objectives Explain what projects are and how projects are organized. Evaluate projects using earned value management. LO5-3 Analyze projects using network planning models. LO5-4 Exemplify how network-planning models and earned value management are implemented in commercial software packages, CAN A 15-STORY HOTEL BE BUILT IN LESS THAN A WEEK? A Chinese construction company recently built a 15-story hotel in just six days. To show this was not a fluke, it then built a 30-story hotel in only 15 days! The com pany believes it can construct buildings that are 150 stories tall using the same high-speed techniques. Using these techniques, construction takes less than one. third the time it would take on a normal schedule. The company uses many workers during the short construction period: and detailed schedules coordinate the many teams working simultaneously and around the clock on the building. Materials are prefab- ricated ahead of time in a factory. Premade modules are carried to the construction site on large trucks where they are placed in the steel structure with cranes. Special inspection and review processes are used to eliminate these delays in the construc- tion process. Chinafotopress/Gu Liliang/ZUMApress/Newscom VIII CHINESE WORKERS MANUFACTURE STEEL FRAMES TO BE USED TO BUILD THE 15-STORY NEW ARK HOTEL, WHICH WAS BUILT IN SIX DAYS