Integrated Project Management: EEF Impact Analysis Report

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This report provides an in-depth analysis of Enterprise Environmental Factors (EEF) and their influence on project management. It examines both internal and external factors, such as government regulations, market conditions, organizational culture, and human resources, and their effects on project processes. The report details strategies for implementing appropriate courses of action, including analyzing the environment, planning direction and strategy, and implementing the chosen strategy. It also covers communication processes within project management, including stakeholder identification, communication planning, information distribution, managing stakeholder expectations, and performance reporting. The report concludes by emphasizing the importance of understanding and managing EEFs to enhance project success, particularly within the context of globalization and evolving business environments. References from various academic sources are included to support the analysis.
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Running head: INTEGRATED PROJECT MANAGEMENT
Integrated Project Management
(Impact Analysis On Enterprise Environment Factors)
Name of the student:
Name of the university:
Author Note
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Executive summary
The report intends to identify the impact analysis of EEF. It has analyzed the internal and external
factors. This also includes the effect has been imparting process of project management. Further,
various strategies are demonstrated for imposing the appropriate approach of tasks. At last the study
has assessed the communication on the process along with the ultimate outcomes on different
stakeholders.
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2INTEGRATED PROJECT MANAGEMENT
Introduction:
The EEF or Enterprise Environmental Factors are influential to the success of the project
both internally and externally. It includes the weather conditions, political situations, market
conditions, government regulations, culture and so on that has been generally out of control.
It has been vital for the project team to manage the EEF effectively since they impact of the
project’s success. The report is developed on the identified impact analysis of EEF.
The report has evaluated the internal and external factors along with the effect on the process
of project management. The strategies are developed for imposing the proper course of the actions.
Lastly the report includes the communication on the process and results to the various stakeholders.
The evaluation of internal and external factors and their effect on the project
management processes:
The EEF has been always followed and could be in written format. However they are always
in action and not in control of the team. The project processes gets influenced by the EEF and never
change the EEF. Here the only exception is the managing and development of project team where
the skills are built and added to future capability of the organization. The EEF inputs have been
showing up as the input to various additional processes. The input denotes the factors external to the
project that might or might not have the important effect on the project’s success (Chen et al., 2014).
As per as the PMBOK Guide, the environmental factors have been including the following.
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3INTEGRATED PROJECT MANAGEMENT
The instances of the external EEF:
The government
regulations
This has been including the features like the regulatory regulations and
standards. For example the doctors could be licensed to practice the
medicine on the pets and people. It also includes the quality standards
like Internal Standards Organization Standards, workmanship standards
and the product standards.
The market conditions Here the traditional theory of supply and demand is applicable. This
also includes the financial and economic factors (Liao et al., 2015).
The infrastructure This indicates to the capital equipment and facilities of the
organizations. Further, the information technology is also incorporated
in the category.
The external political
conditions
It has been concerning the external and internal political influences or
situations on the organization or the project.
The instances of internal EEF:
The organizational
culture
The organizational culture along with the processes and structure has
been influencing the methods to control the project.
The human resources It indicates to the current knowledge and skills of the employees.
Personnel
administration
This refers to the guideline to hire, fire, train and the review the
performance of the employees.
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The working
authorization system of
the organization
It has been defining the way how the activities of the projects are being
authorized.
The above factors are able to influence the methods to control the projects. In few situations
this also includes the results of the projects. Here, for instance, let the groups assigned to the project
are at junior levels and devoid of any skills, knowledge or experience required to finish the activities
of the project. Then it is on the project manager to make sense of the environmental factors of the
organization (Fa, 2017). Moreover, they must consider and account for how they have could impact
the outcomes and managements of the projects.
Development of strategies to implement appropriate course of action:
Analyzing the environment:
This section of the strategic management includes the market environment or tasks and the
societal surroundings. The task environment of the agency has been including the employees,
suppliers, local competitors, governments and the other particular associations of groups. Those
forces have been directly affecting the organization and also getting affected by that (Ibrahim &
Mas’ud, 2016). The influences of the societal environment have been influencing the operations on
long-terms of the organization. This includes the capital goods, every kind of opportunities and
infrastructures.
The influences of societal environment according to the long term operation of the
organization like the capital goods and every kind of scopes and infrastructures. Further, the internal
abilities of the organization like its weaknesses and strengths are analyzed by internal audits
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5INTEGRATED PROJECT MANAGEMENT
(Potocan et al., 2016). The managers are needed to make the analysis of the business and the location
or destinations of the business area.
Planning direction:
This toll has been considering the further direction of the company. This indicates that the
determination of the complete direction for the organization. This includes its mission and the
formulating the aims to gain the mission and the component of the exercise.
Planning strategy:
It deals with the determination of the methods to achieve the aims. The various alternative
strategies are considered here very often. For example, the tolls of decision making like the
simulation, linear programming of game theory and statistics are used to choose the optimal strategy.
Implementing strategy:
As the strategy is opted, every operations like manufacturing, human resources and
marketing has been aligned in such the manner that it was capable of contributing to the effective
implementation of the strategies (Shuangyi, Yanan & Jinsong, 2015). The control system and
information has been set up for monitoring the performance and to undertake proper actions as
necessary.
The communication on the process of project management and results to various
stakeholders:
The management on the project communications comprises of the processes as described below.
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The process of project
managements
Effects on stakeholders
Identification of
stakeholders
This involves determining the stakeholders impacting on the project.
This also involves the documenting the interest level, power, project
impact and influence.
Plan communications This includes the documenting of the needs of communications of the
stakeholders determined in the above process. For planning the project
communication with efficiency any stakeholder register is needed. Apart
from this, the effective planning of the project communication, it also
needs the Stakeholder register and the stakeholder management strategy
to get developed. This is to identify the process of the various
stakeholders.
Distribute information The project management area includes the effective execution of the
communication management plan. This put simply, is the process to
implement in the communication necessities of the stakeholders
(Shuangyi, Yanan & Jinsong, 2015).
Managing stakeholder
expectations
This includes the using of different communication methods,
ConflictMeeting managing skills and interpersonal skills. This assures
that the necessities of the communications of the stakeholders get
addressed. It also includes the resolving of various conflicts in the
workplace, facilitating the meetings with the stakeholders and creating
the trusts.
Report Performance This involves the assuring of the progress, performance and forecasting
of information communicated to the stakeholders identified. As deduced,
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the forecasting techniques and the variance analysis are the different
primary techniques and tools in the overall process (Shaul & Tauber,
2013). The other ones are the reporting methods and the communication
methods. The primary output of the process of the performance reports.
Conclusion:
The main motive of the above report has been to put emphasis on the necessities for the
companies to acknowledge the effect of their environments. This in turn has been affecting the
organizations on the contexts of Enterprise Environmental Factors. It is seen from the above report
that the commercial environment has been primarily characterized by the rise in trend of the
globalization. The consumers have been getting used to the concepts of products available for almost
unbelievable low expenses. The enterprise environmental factors have been the influences both
externally and internally on the project. This involves the financial environment and corporate
culture. The ethical environment has been developing. However the transition states have seemed to
the applied to the developing economies. This suggests that the norms have been lagging behind the
rise of industrialization for the foreseeable future.
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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.
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.
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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.
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