Current External Environment of Project Delivery Sector in Australia

This presentation discusses the current external environment of project delivery sector in Australia, including political, economic, social, technological, ecological, and legal environments, as well as problematic trends affecting the sector.

PROBLEMATIC TRENDS FOR THE
FUTURE OF PROJECT DELIVERY IN
AUSTRALIA
S U B M I T T E D B Y :

CURRENT EXTERNAL ENVIRONMENT OF PROJECT
DELIVERY SECTOR IN AUSTRALIA
C U R R E N T P O L I T I C A L
E N V I R O N M E N T
• Politically stable
environment in Australia.
• Australia’s political and
regulatory environment
is open, stable and
progressive in nature.
• The country also boasts
of an open, transparent
and efficient legal
framework.
C U R R E N T E C O N O M I C
E N V I R O N M E N T
• The economic environment of
Australia is stable and growing in
nature.
• The strong economic growth rate of
Australia is greater than most of
the countries in the Asia Pacific
region.
• There is a low level of risk which is
associated with the Australian
economy
• The level of un-employment is
relatively low and the country wide
unemployment figure is close to
5% overall (O'Connor, Du and Roos
2015).

CONTD…
C U R R E N T S O C I A L
E N V I R O N M E N T
• Australia is considered to be one
of the best countries in the world
to live in in context of wealth,
health, education and quality of
life.
• Australia is considered one of the
most multicultural and multiracial
countries in the world .
• The main concern in the
Australian society is currently due
to the presence of greater
number of retirees and fewer
individuals of working age in the
country (Belfanti 2017).
C U R R E N T T E C H N O L O G I C A L
E N V I R O N M E N T
• Australia is one of the
technologically advanced
countries in the world and is
well known for adopting new
technologies at a faster rate.
• Australia has witnessed an
enormous technological growth
over the years and the
purchase of technology is
expected to grow by 4% in
2018 to $63 million and it is
estimated to grow to 65 million
by 2019.(Onyx, Cham and
Dalton 2016)

CONTD…
C U R R E N T
E C O L O G I C A L
E N V I R O N M E N T
• Climate change is one
of the current and
existential national
security risks to the
country.
• There are various
potential negative
outcomes which are
associated with climate
change in Australia.
C U R R E N T L E G A L
E N V I R O N M E N T
• The Fair Work Act 2009 is
the main piece of
legislation in Australia
which governs the
employment procedure of
the country.
• Multiple anti-discrimination
laws in the country.
• Presence of legislations
regarding Equal
Opportunity in the country.

Trend #1
The ageing workforce of
the country is unable
to cope up with the
demand of the
present job as a result
of shortage of skills
among the workforce
which affects the
infrastructure
productivity.
Trend #2
Growing competition
from Asian Economies
such as India and
China as they get
access to more
quality resources and
infrastructure at a
more cheaper rate
than the Australian
economy.
PROBLEMATIC TRENDS

Trend #3
Poor Investment
Planning in Australian
Infrastructure which
has resulted in loss of
a huge amount of
money which creates
gap between the
required
infrastructure and
existing
infrastructure.
Trend #4
Increase in unpredictable
and severe weather
conditions which has
led to decrease in the
productivity of the
workers and increase
of absenteeism of the
workers as a result of
diseases and
unfavourable working
climate.
CONTD…

Trend #5
Rising un-affordability
among the common
people as a result of
increase in price of
the Australian
Housing which
forces the common
people to look for
cheaper options.
Trend #6
Over-dependence
on technology
which has
decreased the
rate of human
employment and
have affected the
economy
negatively.
CONTD…

Trend #7
Increase in cyber
security risks
which makes the
confidential data
of the customers
and the company
prone to cyber-
attacks and
hacking activities.
Trend #8
Increasing flexibility
among workforce which
tends to decrease the
team co-ordination
among the members of
an organizational team
due to lack of physical
interaction and also
creates problems
related to organizational
monitoring.
CONTD…

Trend #9
Rising cost of big
data analytics has
led to increased
operational costs
in the sector
which affects the
profitability of the
sector.
Trend #10
Generational shift
which creates
problems in
companies regarding
replacing the baby
boomer generation
with the born digital
generation due to
difference in mind-set
and requirements.
CONTD..

REFERENCES
Belfanti, C. (2017). Emotional capacity in the public sector - an
Australian review. The International Journal of Public Sector
Management, [Online] 30(5), 429-446. Available from https://
search.proquest.com/docview/1916629717?accountid=30552
[Accessed on 26 Oct. 2018]
O'Connor, A., Du, K., and Roos, G. (2015). The intellectual capital
needs of a transitioning economy. Journal of Intellectual
Capital, [Online] 16(3), 466-489. Available from https://
search.proquest.com/docview/1690360493?accountid=30552
[Accessed on 26 Oct. 2018]
Onyx, J., Cham, L., and Dalton, B. (2016). Current trends in
Australian nonprofit policy. Nonprofit Policy Forum, [Online]
7(2), 171-188. doi: http://dx.doi.org/10.1515/npf-2015-0023
[Accessed on 26 Oct. 2018]