Project Enviroments Flashcards
VUCA
Volatility, Uncertainty, Complexity, Ambiguity
PESTLE
Political, Economical, Sociological, Technological, Legal, Environmental
SWOT
Strengths, Weaknesses, Opportunities, Threats
The effects of VUCA is?
External
The effects of PESTLE is?
Environmental
The effect of SWOT is ?
Internal
Tools & techniques used to determine factors which influence and impact projects ?
PESTLE
VUCA
SWOT
Every project is a response to _____ within that environment are the factors that _______
A changing environment
Influence and impact projects
To manage change organisation’s must develop a _____
Strategic approach
PESTLE is a ______ to help PM understand the _________ in which the project operates
Management technique
Enviroment
PESTLE differentiates between ___ different factors that impact a project they are ______________
6
Political
Economic
Sociological
Technological
Legal
Environmental
Political
Current and potential Influences from political pressures
Economic
Local , national and world economic impact
Technological
New and emerging technology
Legal
Local , national and world legislation
Environmental
Local, national and world environmental issues
The 6 pestle factors may be applied to ?
The whole organisation or to specific business areas or a specific project
Pestle considers can be used to consider ?
External only , internal only or both
The SWOT Analysis is an Established ______ used to systematically understand the ___,___,__,and _____ , a project may face
Framework
Threats , strengths , weakness and opportunities
SWOT can uncover _____ that the project may be well placed to take advantage of but project team may never have considered and using other forms of comparison
Opportunities