{"id":21,"date":"2021-11-08T06:20:20","date_gmt":"2021-11-08T11:20:20","guid":{"rendered":"https:\/\/pressbooks.bccampus.ca\/projectcostsrisksqualityprocurement\/part\/1-0-the-project-environment-organization-and-impact-on-projects\/"},"modified":"2022-01-14T19:27:23","modified_gmt":"2022-01-15T00:27:23","slug":"1-0-the-project-environment-organization-and-impact-on-projects","status":"publish","type":"part","link":"https:\/\/pressbooks.bccampus.ca\/projectcostsrisksqualityprocurement\/part\/1-0-the-project-environment-organization-and-impact-on-projects\/","title":{"raw":"1.0 The Project Environment","rendered":"1.0 The Project Environment"},"content":{"raw":"\"\"\r\n
\r\n

Learning Objectives<\/strong><\/p>\r\n\r\n<\/header>\r\n

\r\n\r\nBy the end of this session, you will be able to:\r\n
    \r\n \t
  • Discuss the organizational environment and its impact on projects<\/span><\/span><\/li>\r\n \t
  • Discuss the impact of digitalization on project management<\/span><\/span><\/li>\r\n \t
  • Apply PMI standards and principles to your project work<\/span><\/span><\/li>\r\n \t
  • Examine diverse project stakeholders and discuss effective tools to engage them<\/span><\/span><\/li>\r\n \t
  • Explain the importance of modelling appropriate leadership behaviours and skills in project work.<\/span><\/span><\/li>\r\n \t
  • Explain the importance of creating high performance teams in project work<\/span><\/span><\/li>\r\n \t
  • Identify factors to consider when selecting projects<\/span><\/span><\/li>\r\n<\/ul>\r\n<\/div>\r\n<\/div>\r\n

    Introduction<\/h2>\r\n
    \r\n
    \r\n\r\nA lot has changed in the field of project management and this is reflected in the release of the Project Management Body of Knowledge (PMBOK) 7th edition. The establishment of performance domains is a move away from implied process based standards using inputs, tools and outputs to principle-based standards.\r\n\r\n<\/div>\r\n
    \r\n\r\nThe performance domains are\u00a0the lynchpins \u2013 what one draws\u00a0on, not the prescriptive explanations of how it needs to be done.\r\n\r\n<\/div>\r\n
    \r\n\r\nProjects produce value in a number of ways including:\r\n\r\n<\/div>\r\n
    \r\n
      \r\n \t
    • Creating a new product, service or result that meets the needs of customers or end users<\/li>\r\n \t
    • Creating positive social or environmental contributions<\/li>\r\n \t
    • Improving efficiency, productivity, effectiveness or responsiveness<\/li>\r\n \t
    • Enabling the changes needed to facilitate organizational transition to its desired future and state<\/li>\r\n \t
    • Sustaining benefits enabled by previous programs, projects or business operations.<\/li>\r\n<\/ul>\r\n<\/div>\r\n<\/div>\r\n
      \r\n
      \r\n\r\nWe will discuss the organization environment and components that enables organization to realize benefits which creates value. Value is something of worth, importance or usefulness so creating a system for value delivery is part of any organization's internal and external environments. The value delivery system works most effectively when information and feedback are shared consistently among all components, keeping the system aligned with strategy and in harmony to the environment.\r\n\r\n<\/div>\r\n

      \"\"<\/h2>\r\n

      <\/h2>\r\n

      SHOW WHAT YOU KNOW!<\/h2>\r\n[h5p id=\"2\"]\r\n\r\n<\/div>","rendered":"

      \"\"<\/p>\n

      \n
      \n

      Learning Objectives<\/strong><\/p>\n<\/header>\n

      \n

      By the end of this session, you will be able to:<\/p>\n

        \n
      • Discuss the organizational environment and its impact on projects<\/span><\/span><\/li>\n
      • Discuss the impact of digitalization on project management<\/span><\/span><\/li>\n
      • Apply PMI standards and principles to your project work<\/span><\/span><\/li>\n
      • Examine diverse project stakeholders and discuss effective tools to engage them<\/span><\/span><\/li>\n
      • Explain the importance of modelling appropriate leadership behaviours and skills in project work.<\/span><\/span><\/li>\n
      • Explain the importance of creating high performance teams in project work<\/span><\/span><\/li>\n
      • Identify factors to consider when selecting projects<\/span><\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n

        Introduction<\/h2>\n
        \n
        \n

        A lot has changed in the field of project management and this is reflected in the release of the Project Management Body of Knowledge (PMBOK) 7th edition. The establishment of performance domains is a move away from implied process based standards using inputs, tools and outputs to principle-based standards.<\/p>\n<\/div>\n

        \n

        The performance domains are\u00a0the lynchpins \u2013 what one draws\u00a0on, not the prescriptive explanations of how it needs to be done.<\/p>\n<\/div>\n

        \n

        Projects produce value in a number of ways including:<\/p>\n<\/div>\n

        \n
          \n
        • Creating a new product, service or result that meets the needs of customers or end users<\/li>\n
        • Creating positive social or environmental contributions<\/li>\n
        • Improving efficiency, productivity, effectiveness or responsiveness<\/li>\n
        • Enabling the changes needed to facilitate organizational transition to its desired future and state<\/li>\n
        • Sustaining benefits enabled by previous programs, projects or business operations.<\/li>\n<\/ul>\n<\/div>\n<\/div>\n
          \n
          \n

          We will discuss the organization environment and components that enables organization to realize benefits which creates value. Value is something of worth, importance or usefulness so creating a system for value delivery is part of any organization’s internal and external environments. The value delivery system works most effectively when information and feedback are shared consistently among all components, keeping the system aligned with strategy and in harmony to the environment.<\/p>\n<\/div>\n

          \"\"<\/h2>\n

          <\/h2>\n

          SHOW WHAT YOU KNOW!<\/h2>\n
          \n