S03: Definition Phase II: Analysis Flashcards
1
Q
Business case
A
This is when you will research whether the project is feasible and if it should be undertaken.
2
Q
A portfolio of projects is
A
a group of projects that share common resources.
3
Q
A programme (program) is
A
a group of projects which contribute to a common objective.
4
Q
Pestel
A
Political Environmental Social Technological Economical Legal
5
Q
PESTEL Analysis is useful for four main reasons:
A
1 spot opportunities
2 reveals direction of change
3 helps avoiding likely to fail projects
4 help break free of unconscious assumptions