What enterprise environmental factors can influence a project?
- Organizational culture.
- Organizational structure.
- Internal and external political climate.
- Existing human resources.
- Available capital resources.
- Regulatory environment.
Which of the following would be considered an enterprise environmental factor?
Enterprise environmental factors are internal and external environmental factors that can influence a project’s success, including:
Organizational culture
. Organizational structure. Internal and external political climate.
How many main factors are there in environment?
Environmental factors include
temperature, food, pollutants, population density, sound, light, and parasites
.
What is environmental factors in project management?
The external environment of a project includes
social, political, technological, legal and economic factors and their implications on the project
. Likely changes in these environments during the life of a project will certainly influence decisions. They are dynamic and therefore more likely to affect a project.
What are the environmental factors influence the organization explain?
Customers, competition, economy, technology, political and social conditions, and resources
are common external factors that influence the organization. Even if the external environment occurs outside an organization, it can have a significant influence on its current operations, growth and long-term sustainability.
- variable resource levels.
- legal constraints.
- regulatory constraints.
- changing stakeholder requirements.
- managerial constraints.
- external and internal risks.
- constraints on time.
- Economic Systems.
- Economic Policies.
- Economic Condition.
- Political and Legal Environment.
- Social and Cultural Environment.
- Physical and Technological Environment.
Based on the enterprise environmental factors and the risk attitude of the stakeholders within the organization, what can be determined?
Risk attitude can affect the measurement of probability and impact
. Risk attitude can establish a stakeholder’s influence over project decisions.
- Tax rate.
- Exchange rate.
- Inflation.
- Labor.
- Demand/supply.
- Wages.
- Recession.
EEFs provide you with a controlled environment in which your organization lives and you complete your project
. OPAs help you by providing all corporate knowledge, policies, procedures, etc. You have to understand these influences as they are inputs of most processes and you have to manage your project within them.
Environmental factors refer to
external influences on a business that it has limited control over but that it must consider as part of strategic planning
, according to Lumen Learning. Typically, environmental factors addressed by companies fit into four categories – social, legal, political and economic.
There are six factors that affect the macro environment, and these include
economic, sociocultural, political, legal, technical, and environmental considerations
.
What has been the effect of these forces on the management of projects? Some environmental forces that have changed the way we manage projects are the
product life cycle, knowledge growth, global competition, organization downsizing, technology changes,and time to market
.
- Stakeholders and leaders. …
- Project priority. …
- Resource allocation. …
- Risk assessment. …
- Company culture.
External factors include political, economic, sociocultural, technological, environmental, and legal factors. Internal factors include things like values, management styles, Human Resources, technological and physical resources, and organizational structure.
- External: The Economy. …
- Internal: Employees and Managers. …
- External: Competition from other Businesses. …
- Internal: Money and Resources. …
- External: Politics and Government Policy. …
- Internal: Company Culture.
Which statements best represent how organizational process assets and enterprise environmental factors impact project tailoring? –
Enterprise environmental factors often provide restrictions to process implementation.
Business environment encompasses all those factors that affect a company’s operations and includes customers, competitors, stakeholders, suppliers, industry trends, regulations other government activities, social and economic factors and technological developments.
Customers, competition, economy, technology, political and social conditions, and resources
are common external factors that influence the organization.
