Though they are beyond of the project manager’s control, enterprise environmental factors (EEFs) are both internal and external elements influencing project performance. These elements help to determine risk assessment, resource availability, and decision-making.
Categories of EEFs:
- Internal Factors:
- Company culture & policies
- Organizational structure
- IT systems and tools
- Resource availability
- External Factors:
- Government regulations & compliance
- Market conditions & competition
- Socioeconomic factors
- Technological advancements
Example in Project Impact:
A software development project outsourcing to a different country must comply with GDPR data regulations. Failure to consider external compliance factors could result in legal penalties.
Why It’s Crucial:
EEFs must be considered in project planning to align strategies with organizational and environmental realities, ensuring feasibility and risk mitigation.
