Factors Internal & External in Project Management
Project management is the process of doing methods, skills, knowledge, and experience of each members to achieve the targeted project goals that are in line with what the project acceptance criteria. To achieve successful project management, we need to consider the organizational settings. This includes the organizations culture, structure, and strategy.
When all of them are combined, organization must set its strategic management. It is the process of creating, applicating, and evaluating cross-functional decisions. One of the examples is developing products for greater market penetration and acceptance for the project of new product development projects.
In a project, a company must create the stakeholder or the people responsible for the project. These stakeholders are individuals or groups who can potentially impact to its development. To make the decision about who’s in, we can apply with the stakeholder analysis. Stakeholder analysis is the process of systemically getting and analysing qualitative information to the person who potentially could take into the project. The stakeholder can include internal (top management, Accountant, project team members, functional managers) and external (competitors, clients, suppliers, consumer, political groups).
The process includes:
- Identify the stakeholders
- Prioritise the stakeholders
- Understand the stakeholders
- Managing the stakeholders
References:
https://www.apm.org.uk/resources/what-is-project-management/
https://www.mindtools.com/pages/article/newPPM_07.htm