Economic Sectors & Emerging Trends

This assignment examines the development of different economic sectors and how they are coping with the accelerating pace of industrialization. It emphasizes the need for adaptation and highlights the discrepancy between existing norms and the realities of modern industry.

Running head: IMPACT ANALYSIS REPORT
Impact Analysis Report
(Enterprise Environmental Factors)
Name of the student:
Name of the university:
Author Note

1IMPACT ANALYSIS REPORT
Executive summary
The term “Enterprise Environmental Factors” or EEF refers to the inclusion of effects on the success
of various projects considering the factors that got out of control. Instances of this include the
political conditions, market conditions, weather conditions and so on. The report has identified the
impact analysis of this and the current inner and outside determinants. The impacts of EEF on
project management are discussed here. The different strategies are presented to impose the proper
approach to the activities. Lastly, the literature has analyzed the communication on the process and
the extreme results on various stakeholders.

2IMPACT ANALYSIS REPORT
Table of Contents
Introduction:..........................................................................................................................................2
The different internal, external factors and effect on the project management processes:....................2
External EEFs and examples:............................................................................................................3
Internal EEFs and examples:.............................................................................................................3
Establishment of strategies for implementing the proper course of action:..........................................4
The various communications on project management and results to various stakeholders:.................6
Conclusion:............................................................................................................................................8
References:............................................................................................................................................9

3IMPACT ANALYSIS REPORT
Introduction:
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.
The different internal, external factors and effect on the project management
processes:
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

4IMPACT ANALYSIS REPORT
project’s success in all the possible manners. In the upcoming section, the environmental elements
according to the PMBOK principles are illustrated.
External EEFs and examples:
The government
regulations
The government regulations are merely the standardizations and regulatory
standards. Let the samples of the doctors be taken. They can license to practice
the medicine over the human species and also animal worlds. The quality
practices like Internal Standards Organization Standards or ISOS are included
here. The quality standards and product standards are even considered here.
The market
conditions
In the market conditions the traditional formulations of “supply and demand”
are applicable. This includes the financial and economic factors.
The
infrastructure
The infrastructure indicates the capital facilities along with the organizational
tools. Additionally, the IT or Information technology is also comprehended in
this section (Liao et al., 2015).
The external
political
conditions
The outside political conditions have been concerning the foreign and internal
political impacts or the cases in the organizations or projects.
Internal EEFs and examples:
The organizational
culture
This puts an impact on the methods to control the project.
The human
resources
The human resources are the representatives of the supplying of the current
knowledge and employee skills.
Personnel This factor indicates the steps to recruit train and review the employee acts

5IMPACT ANALYSIS REPORT
administration (Fa, 2017).
The working
authorization
system of the
organization
The methods are defined here along with the ways how the project activities
are authorized.
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.
Establishment of strategies for implementing the proper course of action:
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.

6IMPACT ANALYSIS REPORT
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.
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.

7IMPACT ANALYSIS REPORT
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 various communications on project management and results to various
stakeholders:
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.

8IMPACT ANALYSIS REPORT
The process of
project
managements
Effects on stakeholders
Identification of
stakeholders
This has been including the finding of the stakeholders putting an effect on the
projects (Rose, 2013). Further, this has also engaged the documenting of the
project levels, interest levels, influences and powers.
Plan
communications
This included the documenting of the perquisites of the stakeholder
communications that are identified in the above processes. In performing this,
registrations of the stakeholders are needed (Shuangyi, Yanan & Jinsong,
2015). Apart from this, the active planning of the project planning also involves
the strategy register. It has included the preparation of developing the strategic
management. It has intended to identify the various processes of the
stakeholders.
Distribute
information
This section of the project management considers the execution of the
managing strategies of communication. The implementation process of the
requirements of the connections of the stakeholders is also included here
(Burke, 2013).
Managing
stakeholder
expectations
The expectations of managing the stakeholders have denoted the using of
different modes of communications, ConflictMeeting management skills and
interpersonal skills. This has assured that necessities of transmission of the
stakeholders get addressed. This included the resolving of various conflicts ate
works, facilitating the meetings with the stakeholders and building the
expectations.
Report The report performance involves the assuring of the performance, forecasting

9IMPACT ANALYSIS REPORT
Performance and the enhancement of data that has been communicated to the techniques
identified (Ibrahim, & Mas’ud, 2016). These deduced methods and analysis are
the various necessary tools and practices in the complete process. Lastly, the
other ones are the reporting and communication processes.
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.

10IMPACT ANALYSIS REPORT
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.

11IMPACT ANALYSIS REPORT
Potocan, V., Nedelko, Z., Peleckienė, 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.