The Importance Of Project Intervention

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An essential factor in successfully completing a project is effectively planning the endeavor. Project initiation provides the structure and crucial components in which the project will be executed. This is especially true when planning an international project. International projects require further planning, particularly during the initiation period of the undertaking, to ensure that all components are adequately defined to prevent confusion and misinterpretation. Proper project planning and initiation, along with development of a comprehensive project charter and scope, are critical in the development of an international project and contribute to the successful completion of the undertaking. Components of Project Planning and Initiation …show more content…

The business case is describes the endeavor by validating the company’s need in completing the project and justifying the endeavor by utilizing cost-benefit analysis (Project Management Institute, 2013). The explanation behind each project is a result of one or more following reasons: market demands, requirement of the organization, customer request, advancement of technology, legal or regulatory condition, ecological impact, or social need (Project Management Institute, 2013). The goal of any business utilizing project management principles is to accept projects that embody the organizational strategy and that standardized organizational practices can be altered to meet the needs of the client, while maintaining the high standards of the company (Project Management Institute, 2015). By clearly defining the explanation(s) of a project, the project manager can ensure that the project is aligned with the organization’s business strategy, and increase the successful completion of the …show more content…

The enterprise environmental factors are elements that can impact the project’s process are regulatory, governmental, and industry standards, the organization’s structure and culture, and the needs of the marketplace (Project Management Institute, 2013). A challenge for any international project is being able to define social spheres and cultural considerations. It is essential to define the regional culture and practices along with the social trends, meanings, practices, and communications of the area in which the project will be implemented (Ginsberg, 2016). Outlining social impacts should be outlined for the project will be completed and the effects on the project, stakeholders, organizational structure and culture, operations, and overall sustainability of the completed organization that will be created through the undertaking (Ginsberg, 2016). Without these considerations, the long-term success of the endeavor may be

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