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.

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2
Q

A portfolio of projects is

A

a group of projects that share common resources.

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3
Q

A programme (program) is

A

a group of projects which contribute to a common objective.

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4
Q

Pestel

A
Political
Environmental
Social
Technological
Economical
Legal
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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

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