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Topic History of : Stakeholder expectations and risk thresholds are part of the EEFs?
Max. showing the last 6 posts - (Last post first)
6 months 2 weeks ago #30961 | |
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Jean Kwanda
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Hello,
If you review page 37-40 on Environment Enterprise Factors, they are discussing this topic and provide what's included in EEFs. Remember, as a project manager you need different approaches to deal effectively with the cultural, political, and legal environments the project is operating within the organization. Enterprise Environment Factors (EEFs) include all policies, practices, procedures, and legislation that exist both inside and outside the organization that will impact the way you manage a project. Some elements of the EFF are mandatory, while others represent good practice or cultural norms. Regardless of the nature of the factor, you as a project manager have to work within the physical and cultural environment to be effective. You must know the organizational culture, norms (i.e., team and stakeholder expectations), and policies for your project success. Here are a few examples of EFFs: - Organizational culture, processes, and infrastructure - Product standards - Quality standards - Government standards - Market standards and conditions - Codes of conduct - Staffing guidelines - Reviews and training records - Work authorization systems - Political unrest - Organizational communication channels - Risk databases - Project management information systems (PMIS) — Automation tools like scheduling tools Note that the enterprise environmental factors are so important that they can enhance or reduce the project management options and positively or negatively impact project success. Therefore, to answer your question, stakeholder expectations and risk thresholds are part of the EFFs because they are mandatory to the project success and if the PM doesn't properly management these they can negatively impact the project outcome. |
6 months 2 weeks ago #30957 | |
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Lauren
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Greetings,
Can someone please advise where PMI indicates that stakeholder expectations and risk thresholds are part of the Enterprise Environmental Factors (EEFs)? I've checked the PMBOK, Practice Guide, etc., to no avail. From my understanding, stakeholder expectations and risk thresholds are typically not considered enterprise environmental factors (EEFs) in the traditional sense, according to the Project Management Institute (PMI) and the Project Management Body of Knowledge (PMBOK) framework. Enterprise environmental factors generally refer to the external or internal conditions, influences, and constraints that can affect the success of a project but are not under the direct control of the project team. Stakeholder expectations and risk thresholds are critical project-specific information, but they are typically categorized as part of the project's organizational process assets (OPAs), not EEFs. OPAs include the policies, procedures, and knowledge the organization has accumulated and can use for its projects. Stakeholder expectations and risk thresholds are part of the project's context and are documented in the project management plan and other project-related documents. Stakeholder expectations include the needs, wants, and requirements of various stakeholders, while risk thresholds define the acceptable level of risk that the organization is willing to tolerate. These are used by the project team to make informed decisions throughout the project's lifecycle, but they are typically considered internal to the project, and the project management team has control over managing and addressing them. In summary, while stakeholder expectations and risk thresholds are crucial for project management and decision-making, they are usually categorized as part of the project's organizational process assets (OPAs) and not considered enterprise environmental factors (EEFs) in project management terminology. |
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OSP INTERNATIONAL LLC
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