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Analysis of Enterprise Environmental Factors

University: University of Melbourne

  • Unit No: 8
  • Level: Diploma
  • Pages: 4 / Words 913
  • Paper Type: Assignment
  • Course Code:
  • Downloads: 730
Question :

This article leads to cover the detailed analysis of the environmental factors on the enterprise. For this, environment tends to refer to suitable things which are being connected to the natural causes that leads to impact the daily life activities of people. Enterprise environmental factors are not controlled by anybody as no matter what the position is.

  • What are the factors that impact the environmental factors of enterprise?
  • What is organisational process assets?
  • Why organisational process assets are helpful for company?
Answer :

Enterprise environmental factors tends to undertake suitable factors including policies, practices, legislations and procedure that exist in both internal and external side of company in order to put major impact for the suitable management of project. It leads to undertake the suitable range of environmental, non-discrimination and health and safety legislation regarding the choice of project management system which is being used by company. Environmental factors leads to put major impact on the project planning and for this, enterprise need to undertake organisational culture, norms and suitable policies regarding the success of project. For this, the suitable factors that impact the enterprise environmental factors include product standards, organisational culture, market standards and conditions, code of conduct, political unrest, organisational communication channels, risk databases and so on. Furthermore, enterprise environmental factors are essential as they tends to improve and reduce the project management options in both positive and negative manner regarding the success of project.

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In regard of this, companies tends to develop suitable range of templates, registers and effective assessment tools in terms of assisting management for the projects. For this, companies tends to acquire suitable knowledge in the form of effective lessons which are based on knowledge which is quite useful. The organisational process assets tends to undertake that company should acquire effective policies in order to use the management project. Enterprise environmental factors undertake both internal and external factors that leads to put major impact on the project including corporate culture and financial environment. For this, environment tends to discuss about the enterprise environment factors and it also tends to define the overall environment by relating things with natural world and also put major impact on the overall human activity and its suitable condition undertaking the culture and overall interaction. Enterprise environmental factors are also not in the control of company or the project management team that leads to impact the overall company, project and suitable result. Therefore, each and every organisation tends to work under the Enterprise environmental factors.

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In relation with this, suitable factors for the external enterprise environmental factors include government regulations, market conditions, external political conditions, industry standards and legal restrictions. Moreover, factors for the internal enterprise environmental factors include organisational culture, type of organisational structure, internal political conditions, infrastructure, available resources. For this organisations must have suitable assets which are useful for them to achieve their goals and objectives and the project management team also tends to modify these organisational process assets by considering the suitable requirements. The project manager of the company tends to offer suitable feedback and suggestions to the higher management in terms of making effective decisions in terms of updating and modify effective factors.

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It also tends to comprise the effective knowledge and understanding about storing and retrieving the overall information like risk register, lessons learned, stakeholder registers, historical information and so on. These are the factors that leads to impact the organisational process assets by influencing the success of project and also keep growing the company in terms of becoming quite larger. Moreover, it is the effective responsibility of the project management team in order to look for the effective and relevant documents undertaking the historical records before developing something. The Organisational process assets is useful for company to enhance the overall process with the effective help of project management teams in terms of learning and sharing best practices by using collective knowledge base. Meanwhile, enterprise environmental factors may or may not be useful for company and it undertake the suitable conditions in which company need to work and does not fall under the control of the project management team.

For this, enterprise environmental factors are not so easy to change and most of the enterprises need to live with them. For this, the organisational process assets are customised as per their suitability and also need to make the project management team and their members more comfortable for their functioning. Furthermore, it is also essential for companies to note that organisational process assets tends to support the project team while the enterprise environmental factors can hinder or help them. For this, organisational communication also undertake suitable characteristics considering the styles, processes and media undertaking the culture and overall policy. For this, project managers need to learn the proper level of formality which is need for effective communication and also communicate through allowed channels in terms of taking advantage for the acceptable communication media.

All of these process assets undertake informal and formal policies, plans, guidelines and procedure. As organisational process assets enable the process of performance across the company and also leads to offer a base for cumulative and long term benefits to an organisation. In regard of this, project manager tends to save time on project by making effective use of organisational process assets which is the best practice learned during earlier projects and also useful in healthy planning. Hence, the conditions which are not under control of the project team are considered as Enterprise Environmental factors. Therefore, the enterprise environmental factors and organisational process assets are wide concept as EEFs leads to offer controlled environment in which company can complete their project whereas OPAs helps in offering knowledge regarding policies, procedure and many more.

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