Impact Analysis Of Enterprise Environmental Factors On Project Management Processes: An Essay.

Part A – Module 4 Discussion Forum
In assessment 2 Part A, students will use their project developed for Assessment 1 and identify enterprise environmental factors (EEF) of the project.
Propose a tool or technique they intend to use for qualitative and/or quantitative impact analysis of EEF.
Justify why the selected tool/technique is appropriate. 
Assessment 2 Part A – Proposal and justification of tool or technique for qualitative and/or quantitative impact analysis will be posted individually by the first half of the module in Module 4 discussion forum. Students will complete their response to their peers by the end of Module 4. 

Part B – Impact Analysis Report
In Part B, students will assess the feedback received from their peers in Module 4 discussion forums. Students will incorporate appropriate feedback and then submit a report on the impact analysis of EEF identified within 1500 words. The report should address the following:
Evaluation of the internal and external factors and their impact on project management processes
Development of strategies to implement appropriate course of action
Communication on project management processes and outcomes to diverse stakeholders

The different internal, external factors and effect on the project management processes

The EEF or “Enterprise Environmental Factors” helps in gaining the desired outcome of any project. This is helpful both externally and internally. Further, the market conditions, government regulations, political scenarios, environmental situations and culture are regarded here. This is because these factors get out of control of management.

Hence, the management of EEF is very much vital for all the project teams. They put a significant impact on the project’s accomplishment. Thus the literature is documented to recognize the EEF’s impact analysis.

The following report demonstrates the various internal and external elements. Further, the disparate effect of these on the process of project management is also considered here. The multiple strategies have been developed for imposing different proper reasons for the course of actions. The associated communications on the process and the results of the various stakeholders are also considered here.

EEF is meant to be followed and put down in written format. However, the adverse effects of the elements are active and never under the control of the team. The project process gets influenced by the EEF and never changes the EEF (Chen et al., 2014). However, the only exceptional case is the controlling and accomplishment of the project team. Here different skills are developed and incorporated into the further capability of the companies. The inputs of the EEF denoted the various processes. The inputs define the different factors that have been outside the vital impact of the project’s success in all the possible manners. In the upcoming section, the environmental elements according to the PMBOK principles are illustrated.

The various elements have been putting an effect on the methods to control the projects. Apart from this, in some cases, this also includes the different outcomes from the project. For instance, the teams that are assigned to the project have been still lying at lower strata. Further, they never include any enlightenment, experience or skills (Ibrahim & Mas’ud, 2016). Mainly, the project managers are liable here to make sense of the various factors on the company’s scenario. Moreover, they have been considering and accounting for how they have been establishing the effects on the project management and aftereffects.

SWOT analysis:

The analysis is helpful to seek what has occurred at the internal and external to what has impacted every company. It has been including the identification of the stakeholders. This has been including the strengths and weaknesses of every competitor (Potocan et al., 2016). Moreover, various driving forces have been lying behind the inclination of the potentials and the needed markets are to be determined. Finally, it has been useful to find the methods to be unbeaten in the market through taking the example of the organizations at the top of the ladder.

PESTLE Analysis:

The PESTLE Analysis is useful to find out the political conditions of the nations. This also finds out the effects on the industries. The preceding financial elements have been efficiently determined through PESTLE Analysis. The importance of culture in retails, and the determinants have also been defined. Additionally, this has entrenched the technological innovations. These could have been likely to get popped up and the effect on the market’s infrastructure (Shuangyi, Yanan & Jinsong, 2015). Finally, the environmental concerns for the industry have also been solved by this.

External EEFs and examples

Analyzing the environment:

Here the primary strategic managements of the activities, market scenarios, surrounding societies have been regarded. The forces have been impacting directly on the companies and been getting affected by that. This has been influencing the scenes of the culture that has been changing the operations by impacts of a long duration of different companies. This included the capital goods and all types of opportunities and framework (Smith, 2013). Various influences on the societal scenes as per as the operations of the agencies has been incorporating the examples of capital goods and every type of scopes and infrastructures. Lastly, the managers have been needed to develop the analysis of business and the locations of the key business sectors (Shuangyi, Yanan & Jinsong, 2015).

Planning direction:

It has been engaging the upcoming ways of various organizations. This indicates the finding of the entire course of agencies that has been involving the mission and then formulating of objectives for achieving the components and purpose of the exercises.

Planning strategy:

The strategy has been compromising the determining of the ways to achieve the aims. The various other accesses are still considered in a lesser way. The tools for undertaking decisions such as linear programs of game theory and statistics could be viewed as an example here (Shaul & Tauber, 2013). Apart from this the figures and simulation are also used to choose the optimal strategies.

Strategy implementation:

The strategy implementation states that all the operations like the marketing, manufacturing and human resources are aligned such that it has been contributing to the dynamic inclusion of the strategies (Potocan et al., 2016). The control and information system has been built to monitor the performance and takes the proper initiatives as required.

The controlling of the different project communications has comprised of different methods that are discussed below.

The managing of varying project communications comprising of methods as demonstrated hereafter.

Conclusion:

The above report has focused on the necessities for the companies to support the environmental effects. This affected the organizations under the eminence of EEFs. The literature dissertate the commercial surroundings characterized by the rise of trends in globalization. Apart from this, it is found from the study that the consumers are getting habituated to the concepts of products that existed for all the unbelievable low costs. The Enterprise Resource Factors has been able to involve prominence at the inner and external edges of the projects. Further, the corporate culture and financial conditions are also taken into consideration in the report. The ethical scenario is also found to be developing. However, the transition states have been found to apply to the advent of the economic sectors. As per as the foreseeable future is regarded, it must be reminded that the norms are lagging beyond the rise of industrialization.

References:

Burke, R. (2013). Project management: planning and control techniques. New Jersey, USA.

Chen, Y., Wang, Y., Nevo, S., Jin, J., Wang, L., & Chow, W. S. (2014). IT capability and organizational performance: the roles of business process agility and environmental factors. European Journal of Information Systems, 23(3), 326-342.

Fa, L. N. (2017, November). Causes analysis on the serious defect of enterprise environmental responsibility—Based on the perspective of law and economics. In IOP Conference Series: Earth and Environmental Science (Vol. 93, No. 1, p. 012027). IOP Publishing.

Ibrahim, N., & Mas’ud, A. (2016). Moderating role of entrepreneurial orientation on the relationship between entrepreneurial skills, environmental factors and entrepreneurial intention: A PLS approach. Management Science Letters, 6(3), 225-236.

Li, F., Zhu, L. Y., Zhang, J. D., Liu, C. Y., Qu, Z. G., & Xiao, M. S. (2017, January). The application of DEA model in enterprise environmental performance auditing. In IOP Conference Series: Earth and Environmental Science (Vol. 52, No. 1, p. 012075). IOP Publishing.

Liao, X., Li, H., Yan, W., & Liu, L. (2015). Construction of a thermal power enterprise environmental performance evaluation model. In Proceedings of the 4th International Conference on Computer Engineering and Networks (pp. 55-63). Springer, Cham.

Marmol, T., Feys, B., & Probert, C. (2015). PESTLE analysis. 50Minutes.

Potocan, V., Nedelko, Z., Peleckien?, V., & Peleckis, K. (2016). Values, environmental concern and economic concern as predictors of enterprise environmental responsiveness. Journal of Business Economics and Management, 17(5), 685-700.

Pounder, J. (2017). Enterprise risk management in an aged care organisation. Governance Directions, 69(9), 532.

Rose, K. H. (2013). A Guide to the Project Management Body of Knowledge (PMBOK® Guide)—Fifth Edition. Project management journal, 44(3).

Shaul, L., & Tauber, D. (2013). Critical success factors in enterprise resource planning systems: Review of the last decade. ACM Computing Surveys (CSUR), 45(4), 55.

Shuangyi, Z., Yanan, J., & Jinsong, Z. (2015). Enterprise Environmental Management Behavior Influencing Factors under the Construction of the “Two-Oriented Society”——Study on Wuhan East Lake High-tech Development District (China Optical Valley). Science & Technology Progress and Policy, 11, 016.

Smith, K. (2013). Environmental hazards: assessing risk and reducing disaster. Routledge.

Thompson, C. W. (1963). An Analysis of Environmental and Managerial Factors in the Success or Failure of Small Manufacturing Enterprise. University of Iowa.