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LESSON 1 BUSINESS ENVIRONMENT - Coggle Diagram
LESSON 1
BUSINESS ENVIRONMENT
Project compliance
Definition
Regulations
Policies
Quality
Risks
Best practices
Documentation
Risk planning
Compliance council
Compliance audit
Compliance stewardship
Foundation
Life cycles and approach
PMO
OPM (Value Delivery System)
Porftolio, Program, Project
Org structures
Project mgt principles
Project performance domains
Agile values
Agile principles
Tailor
Project definition
Project governance
Defintion
Frameworks
Functions
Processes
Include Life cycles
Established by PMO
Components
Processes for change
P for communication
P for documentation
P for escalation
Governance Board
Incl sponsor, senior managers, PMO
Provide oversight, guidance; review key deliverables
Governance checkpoints
Phase gate reviews - aka kill point, tollgate
Iteration reviews (Agile)
Governance to predictive projects
Phase enter
Verify assumptions
analyze risks
detail deliverables
Phase exist
review deliverables
Organizational culture and Change mgt
Change mgt
Manage org change impacts on projects
ADKAR framework for change mgt
Do & Don't
Plan for change
Org cultures
Leadership
vision, belief
practices
Risk tolerance
Policies
Operating environment
Org Transformation Compass
Strategic alignment
PMI talent triangle
Ways of working
Power skills
Business acumen
Org strategic plan
Strategic mgt elements and frameworks
vision
mission
strategy
porfolio
programs, projects, operations
EEF
Internal
Resource capability & availability
Org cultures
IT software
Facility distribution
Infrastructure
External
PESTLE
TECOP
VUCA
OPA
Knowledge base
Process, policies, procedures, documents
Project Benefits & Value
OKRs
Business documents
Benefits mgt plan
Tools
Financial - NPV, IRR, ROI
(bigger better)
Business - Opportunity cost, Payback period
(smaller better)
Definitions
Assumptions, constraints, and risks
Metrics
Benefits owner
Time frame
Create & sustain
Business case
Schedule or cost contraints
Quality specs
Business need
cost-benefits analysis
Needs assessment
Implementation approach
Success measures
Constraints, assumptions, risks and dependencies
what should be done
Issues & opportunities
Goals & objectives
Definitions
Business realization
Part of objectives
Net quantifiable benefit
Incremental value delivery