Corporate Environment

How are things done around here? In general but especially when being a newcomer it is important to understand the corporate environment where a project shall be executed. It has tremendous impact on a project where it shall be executed, and somehow the corporate environment impacts almost all parts of the project: the actual work to be done, way to work, estimates, timeline, risks.

Read More

Is it a priority?: Most organizations are under high pressure to stay competitive. Many projects and other types of changes are taking place at the same time and there is a battle for the same scarce key resources. A high risk must be added if the project is not the high priority list and if it does not provide significant contribution to corporate objectives

Culture usually wins: Projects are often used as a lever to change culture. If the project shall be used to make major changes to culture this must be taken seriously since culture usually wins

Financial situation: Especially if the project is long and big it may be worth looking at the financial situation of the company. If the financial situation is not stable the project will be likely to be impacted.

Project maturity: Running a project in a company with project processes in place that people know may speed things up; PPM methods, documentation tools, project rooms, steering group setup, build, deploy and release processes etc. If these processes are not in place there is an extra task

Corporate bureaucracy: Big companies tend to build complex processes for project approvals, gate reviews, release processes, regular reporting, budget and resource management etc. In order to manage the project and allocate sufficient time for such processes time may be well invested in getting on top of the bureaucracy.

Industry specifics: The industry may in itself have big impact on the project. Some industries have specific infrastructure and integrations that must be built (e.g. in public sector) while other industries have strict processes and documentation that must be followed (e.g. pharma).

Is the project on the high-priority list
Are there severe resource constraints in the company
Check if other parallel projects or activities may impact the project
Is the financial situation of the company stable
Can the project be impacted by change fatigue in the company
Is the company project mature with core project processes in place
Is the project aligned with corporate culture and values
Can any major event in the corporate environment impact the project
Shall project be conducted in company or industry with complex governance processes
Corporate change fatigue

Problem: Frequent changes in the company has led to resistance and fatigue among affected employees.

Consequence: If change happens often, people may be less prepared to adapt. This may lead to inflexibility, inefficiency, and poor performance.

Financial position impacts the project

Problem: The company's financial position negatively impacts the agreed level of project funding.

Consequence: Project conditions and the ability to execute the project may be challenged, and the project approach may have to change to adapt to the new financial situation.

Important parallel activities in the company impact project

Problem: Parallel projects are carried out simultaneously current with the project and thus compete for the same money and resources.

Consequence: The ability to execute the project and to implement it successfully may be impacted.

Resource constraints in the company

Problem: The corporation cannot allocate the necessary project resources (e.g., due to lean setup).

Consequence: Required resources may not be available during the project execution. This may lead to delays or it may become impossible to realize project objectives.

Project prioritization is changed

Problem: The management changes how it prioritizes the project (e.g., new projects are undertaken, cut downs).

Consequence: Resource allocations and funding may change and the ability to execute the project may be challenged.