Understanding Enterprise Environmental Factors And Their Impact On Project Management Is Crucial For Effective Essay.

Internal and External Factors of Enterprise Environmental Factors

Question:

Critically evaluate the Impact of Internal and External Factors on Project Management Processes and develop Strategies to Implement appropriate courses of action.

The EEF or Enterprise Environmental Factors are influential to the success of the project both internally and externally. It includes the weather conditions, political situations, market conditions, government regulations, culture and so on that has been generally out of control.

It has been vital for the project team to manage the EEF effectively since they impact of the project’s success. The report is developed on the identified impact analysis of EEF.

The report has evaluated the internal and external factors along with the effect on the process of project management. The strategies are developed for imposing the proper course of the actions. Lastly the report includes the communication on the process and results to the various stakeholders.

The EEF has been always followed and could be in written format. However they are always in action and not in control of the team. The project processes gets influenced by the EEF and never change the EEF. Here the only exception is the managing and development of project team where the skills are built and added to future capability of the organization. The EEF inputs have been showing up as the input to various additional processes. The input denotes the factors external to the project that might or might not have the important effect on the project’s success (Chen et al., 2014). As per as the PMBOK Guide, the environmental factors have been including the following.

The instances of the external EEF:

 The instances of internal EEF:

The above factors are able to influence the methods to control the projects. In few situations this also includes the results of the projects. Here, for instance, let the groups assigned to the project are at junior levels and devoid of any skills, knowledge or experience required to finish the activities of the project. Then it is on the project manager to make sense of the environmental factors of the organization (Fa, 2017). Moreover, they must consider and account for how they have could impact the outcomes and managements of the projects.

Analyzing the environment:

This section of the strategic management includes the market environment or tasks and the societal surroundings. The task environment of the agency has been including the employees, suppliers, local competitors, governments and the other particular associations of groups. Those forces have been directly affecting the organization and also getting affected by that (Ibrahim & Mas’ud, 2016). The influences of the societal environment have been influencing the operations on long-terms of the organization. This includes the capital goods, every kind of opportunities and infrastructures.

Effect of EEF on the Process of Project Management

The influences of societal environment according to the long term operation of the organization like the capital goods and every kind of scopes and infrastructures. Further, the internal abilities of the organization like its weaknesses and strengths are analyzed by internal audits (Potocan et al., 2016). The managers are needed to make the analysis of the business and the location or destinations of the business area.

Planning direction:

This toll has been considering the further direction of the company. This indicates that the determination of the complete direction for the organization. This includes its mission and the formulating the aims to gain the mission and the component of the exercise.

Planning strategy:

It deals with the determination of the methods to achieve the aims. The various alternative strategies are considered here very often. For example, the tolls of decision making like the simulation, linear programming of game theory and statistics are used to choose the optimal strategy.

Implementing strategy:

As the strategy is opted, every operations like manufacturing, human resources and marketing has been aligned in such the manner that it was capable of contributing to the effective implementation of the strategies (Shuangyi, Yanan & Jinsong, 2015). The control system and information has been set up for monitoring the performance and to undertake proper actions as necessary.

The management on the project communications comprises of the processes as described below.

Conclusion:

The main motive of the above report has been to put emphasis on the necessities for the companies to acknowledge the effect of their environments. This in turn has been affecting the organizations on the contexts of Enterprise Environmental Factors. It is seen from the above report that the commercial environment has been primarily characterized by the rise in trend of the globalization. The consumers have been getting used to the concepts of products available for almost unbelievable low expenses. The enterprise environmental factors have been the influences both externally and internally on the project. This involves the financial environment and corporate culture. The ethical environment has been developing. However the transition states have seemed to the applied to the developing economies. This suggests that the norms have been lagging behind the rise of industrialization for the foreseeable future.

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