Enterprise Environmental Factors Analysis: Ford Motors Case Study
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This report discusses the impact of enterprise environmental factors on project management processes using the case study of Ford Motors. It evaluates internal and external factors, develops strategies for implementation, and drafts a communication plan for diverse stakeholders.
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Running head: ENTERPRISE ENVIRONMENTAL FACTORS ANALYSIS Enterprise Environmental Factors Analysis: Ford Motors Case Study Name of the Student Name of the University Author’s Note:
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1 ENTERPRISE ENVIRONMENTAL FACTORS ANALYSIS Table of Contents Part 1: Report.............................................................................................................................2 1. Introduction........................................................................................................................2 2. Discussion..........................................................................................................................2 2.1 Evaluation of Internal and External Factors and Impact on Project Management Processes................................................................................................................................2 2.2 Development of Strategies for Implementation of Appropriate Actions.........................5 2.3 Drafted Communication Plan and Outcomes to Diverse Stakeholders...........................6 3. Conclusion..........................................................................................................................6 Part 2: Reflection........................................................................................................................8 References................................................................................................................................10
2 ENTERPRISE ENVIRONMENTAL FACTORS ANALYSIS Part 1: Report 1. Introduction EEF or enterprise environmental factors refer to few conditions that are either internal or external in any project. These factors can easily influence success of the project. EEFs mainly include culture, government regulations, market conditions, weather conditions, political situations and few others (Burke, 2013). There are various policies, procedures, legislations and practices, which exist both outside and inside of the company, which would impact on the method for managing project. The most significant examples of EEFs include quality standards, codes of conduct, organizational culture, infrastructure and processes, reviews and training records, government standards, organizational communication channels, staffing guidelines, risk databases and many more. Ford Motors Corporation is one of the most significant and popular car manufacturing companies in the world (Project Management Institute. 2013). The following report outlines a detailed discussion on impact analysis of EEF with proper strategies and outcomes for Ford case study. 2. Discussion 2.1 Evaluation of Internal and External Factors and Impact on Project Management Processes The internal factors in this particular case study of Ford Motors are as follows: i)Organizational Culture, Structure and Governance: This is the fist and the foremostinternalfactorforFordcasestudyisorganizationalculture,structureand governance (Kerzner & Kerzner, 2017). There are full time professional project manager, who is responsible for staffing the entire office of project management within Electrical/ Electronic System Engineering. The staffing has gradually increased on the basis of their needs of project. While working with several electrical functional areas in Ford Motors, the
3 ENTERPRISE ENVIRONMENTAL FACTORS ANALYSIS respective project managers are assigned to corporate and departmental strategic products for working on the tools, methodologies and processes of project management. The governance board in Ford Motors is responsible for reviewing the subsequent progress of project for giving necessary approval and rejection for recommendations. ii)Infrastructure:Theorganizationalinfrastructurereferstoexistingfacilities, capacity,availability,informationtechnologyhardwareandorganizational telecommunication channels (Larson & Gray, 2017). The major growth and customer requirements are easily and promptly met by having an error free infrastructure. Ford Motors even has upgraded technology and it is responsible for making their business structured and effective. iii)Information Technology Software: The next internal factor is IT software. The major examples of this type of software include web interface to another online automated system, configuration management system, and scheduling software tool as well as work authorization system (Walker, 2015). The project scope is being structured and negotiated in an efficient manner for maintaining consistency in the project management delivery. iv)Employee Capability: Ford pays extra attention to the employee capability evaluation (Heagney, 2016). They ensure that only skilled and specialized employees are being selected in the organization and human resource expertise is kept on top priority. Although, they have 327,531 employees worldwide, major emphasis is provided to the capabilities of employees. The aptitude of employees is accessed so that it becomes easy for them to analyse which employees would be better for the organization. v)Resource Availability: The availability of resources is yet another important internal factor that has a major impact on Ford Motors (Mir & Pinnington, 2014). The contracting and purchasing of constraints, collaboration agreements and approved providers
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4 ENTERPRISE ENVIRONMENTAL FACTORS ANALYSIS are the major resources of this organization since they are responsible for eradicating the issues to a high level. Apart from the internal factor, there could be few external factors as well that might have major impacts on PM processes and these are given below: i)Social and Cultural Influences and Issues: The social and cultural influences and issues have major impacts on organizational environment (Marchewka, 2014). The work culture of Ford Motors is extremely effective in comparison to other organizations. They ensure that political impacts are not affecting the work culture. Codes of professional conduct also maintained here. ii)Government or Industry Standards: Fords is following every government and industry standard in their business so that they are able to deal with the complexities of managing organizational policies and procedures in an effective manner. Moreover, they make sure that every stakeholder is following these standards. iii)Legal Restrictions: Legal restrictions and regulations such as security and data protectionaremaintainedeventuallyinFord(Too&Weaver,2014).Beingacar manufacturing company, they have to ensure that they are following laws and regulations so that customers do not face issue related to security. iv)Financial Considerations: The financial considerations like inflation rates and interest also have stronger impact on the business. When these financial considerations are taken into consideration, it is evident that raw materials of car manufacturing would be affected and hence Ford Motors might face major impact. The internal as well as external factors or EEFs are required to be analysed for understanding the various positive and negative impacts on a project (Milosevic & Martinelli, 2016). They are responsible for enhancement as well as reduction of project management
5 ENTERPRISE ENVIRONMENTAL FACTORS ANALYSIS options and also for affecting project success to a high level. In the case study of Ford Motors case study, there is stronger impact of enterprise environmental factors. The department of electricalandelectronicsystemsengineeringcomprisesoffourfunctionalareasof engineering of North America Trucks, North America Cars, Commodities and Application Engineering and finally E/ E software and modelling. Quality of product is improved competitivecostandrevenueareachievedeasily(Eskerod&Jepsen,2016).After examination of project management, it is being checked that Ford has yielded three best practices,whichinvolveexecutivesponsorshipoftheofficeofprojectmanagement, consulting project manager regarding deployment, execution as well as maintenance of project. 2.2 Development of Strategies for Implementation of Appropriate Actions Proper strategies should be implemented for reducing the overall negative impact on internal and external environmental factors to a high level. These strategies are required for deploymentofappropriateactionswithintheorganization.Themajorandthemost significant strategies for this purpose are as follows: i)Planning: This is the first strategy that is required for implementation of correct actions. An effective planning is supposed to reduce the negative impact of inflation rate or interest rate to a higher level (Harrison & Lock, 2017). Additional resources are often required for this reason and hence enhancing strategic planning procedure. ii)Description of Vision: The vision and mission of the business should be described to the organizational members of Ford Motors so that they are able to understand the significance of EEFs and how to deal with complexities. Moreover, a clear vision and mission can help them to know about their current issues and how to manage these issues.
6 ENTERPRISE ENVIRONMENTAL FACTORS ANALYSIS iii)Development of Action Plan for Achieving Goals: The next action in this case is to develop an effective action plan for fulfilling goals as well as objectives (Project Management Institute. 2017). System changes are required to be identified and hence for each strategy, a formal decision is to be secured and priority is given to changes with higher feasibility and importance. 2.3 Drafted Communication Plan and Outcomes to Diverse Stakeholders A communication plan is needed to be drafted for maintaining major effectiveness and efficiency within the business. It is a policy-driven approach for giving stakeholders with significant information. The information that is required to be delivered should be effectively enhanced and proper mode of communication is required to be analysed for delivering this type of information (Morris, 2013). Sensitive information is anticipated by this type of planning and specified audience segments are targeted in this factor. Information related to manufacturing car parts in Ford Motors Corporation should be disseminated and the plan should define which stakeholders of communication channels would utilize for soliciting feedback and process of communication would be documented as well as archived. In project management of Ford Motors Corporation, communication plan mainly involves few terms and reports for communication of information. The diverse stakeholders like managers and employees or workers are majorly affected if a proper communication plan is being drafted in the business. Stakeholder management is possible for providing major advantages and thus expectations of stakeholders are easily and promptly met without much complexity (Schwalbe, 2015). The senior level managers within the organization have higher expectations for 100% compliance with the major methodologies and tools of project management that are being developed by project management office. Hence, project visibility is obtained and a senior stakeholder is able to reduce the complexities.
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7 ENTERPRISE ENVIRONMENTAL FACTORS ANALYSIS 3. Conclusion Therefore,from thisabove provideddiscussion,conclusion canbe drawn that enterprise environmental factors or EEFs could be either internal or external for any specific organization. These are solely considered as subsequent inputs to several processes of PM majorly for most of the planning procedures. All of these distinctive factors even enhance as well as constrain on options of PM and they comprise of either one positive or one negative influence on outcomes of project. The Electrical and Electronic System Engineering’s project execution plans of the project management office were being developed as well as reviewed and then approved by the governance board for clearly defining resource allocation, scope and objectives of project management office. The above provided report has clearly defined about impact of EEFs on project management processes with proper analysis.
8 ENTERPRISE ENVIRONMENTAL FACTORS ANALYSIS Part 2: Reflection 1. Key Knowledge and Skills learned through this Subject After learning the different modules of integrated project management, I have gained significant knowledge and skills. The first and the foremost knowledge area that I have obtainedfromthissubjectincludeprojectcharters,projectscope,planofproject management, execution of project and monitoring of project and changes control. I have also learned about the connection between the project and the process and thus I was able to know about different methodologies and process approaches. Moreover, I have even understood about integration management and time management. After analysing the case study of Ford Motors Corporation, I am able to know about the various enterprise environmental factors as well as their impacts on project management processes. Furthermore, the main knowledge areas of project management like quality management, communications management, risk management, human resources management and scope management are also learned by me. Furthermore, I have also learnt about the various phases of project management and how to deal with any type of complexity in project management. The risks and threats of project are required to be eradicated on time and this helps me in analysing the phases of PM. 2. How this knowledge and skill will further benefit in study and career? The knowledge and skills will provide further advantages to my studies and career. The main advantage that I will be obtaining was that I will be able to control the projects efficiently after allowing me to solve issues more quickly and promptly. I will able to improve the chances of fulfilling the expected result, prioritize the resources of business as well as ensure the efficient utilization. I will be able to mitigate all types of risks of a project, gaincompetitiveadvantages,boostmyproject’sbottomlineandincreasecustomer satisfaction. Moreover, I will also be able to improve my productivity and quality of work
9 ENTERPRISE ENVIRONMENTAL FACTORS ANALYSIS since EEFs would be identified in a better manner. For satisfying the several needs of project stakeholders, I will be able to deal with the negative impacts on project. Since, it is extremely vital for the project team to effectively and efficiently manage EEF since they can impact on success of project. Apart from this, in future, I will also be able to enable self-awareness, life time learning, professional and personal growth and development and also to develop several core skills and knowledge regarding project management. The good practices of project management are also enhanced by this process. 3. Any Good, Bad or Ugly of my total learning experience? My entire learning experience was extremely smooth in comparison to other subjects. I have gained hands on experience on process of project to be executed and how the enterprise environmental factors have major impacts on project and how to deal with such issues faced in any project. My total experience was good for the support that I have got from my supervisor and hence I was able to deal with several significant complexities that are common to any project or project management.
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10 ENTERPRISE ENVIRONMENTAL FACTORS ANALYSIS References Burke, R. (2013).Project Management Techniques(2nd ed.). US: Burke Publishing. Eskerod, P., & Jepsen, A. L. (2016).Project stakeholder management. Routledge. Harrison, F., & Lock, D. (2017).Advanced project management: a structured approach. Routledge. Heagney, J. (2016).Fundamentals of project management. Amacom. Kerzner, H., & Kerzner, H. R. (2017).Project management: a systems approach to planning, scheduling, and controlling. John Wiley & Sons. Larson, E. W., & Gray, C. F. (2017).Project management: The managerial process. McGraw-Hill Education. Marchewka, J. T. (2014).Information technology project management. John Wiley & Sons. Milosevic,D. Z.,& Martinelli,R. J. (2016).Projectmanagement toolbox:toolsand techniques for the practicing project manager. John Wiley & Sons. Mir, F. A., & Pinnington, A. H. (2014). Exploring the value of project management: linking project management performance and project success.International journal of project management,32(2), 202-217. Morris, P. W. (2013).Reconstructing project management. John Wiley & Sons. Project Management Institute. (2013).A guide to the project management body of knowledge (PMBOK Guide)(5th ed.). Newtown Square, PA: PMI. Project Management Institute. (2017).A guide to the project management body of knowledge (PMBOK Guide)(6th ed.). Newtown Square, PA: PMI.
11 ENTERPRISE ENVIRONMENTAL FACTORS ANALYSIS Schwalbe, K. (2015).Information technology project management. Cengage Learning. Too, E. G., & Weaver, P. (2014). The management of project management: A conceptual frameworkforprojectgovernance.InternationalJournalofProject Management,32(8), 1382-1394. Walker, A. (2015).Project management in construction. John Wiley & Sons.