The following elements influence the execution of a project. The project constraints are decided on the basis of these influence elements.
This is the internal environment factors and external environment factors encompassing the project that may impact the success of the project. The project environment corresponds to such factors as the organization culture or system, national standards or industry standards, human resources or personnel management, and market situation or political situation.
This is an organization or individual having interests in the activities of the project. The stakeholder corresponds to the organization/enterprise, employees, shareholders, creditors, customers, suppliers (or vendors), local community, and governmental agencies that form the main constituents of a project.
This is the life cycle from the initiation of a project until its end, which includes the predictive type, iterative type, incremental type, and adaptive type.
Starting the project | The cost is low and staff members are few. |
Organizing and preparing | The cost and the staff members increase gradually. |
Carrying out the project work | The cost and the staff members reach the peak. |
Closing the project | The cost and the staff members fall repidly. |
This is the governance (i.e., rule) of a project that is consistent with the governance of the organization. It is implemented through the project life cycle.