PMP Masterclass Module 3 - Factors, Policies and Procedures

About PMP Masterclass Module 3 - Factors, Policies and Procedures

Module Content

PMP Module 3

Video lesson

Welcome Back! There are three video lessons in this Module, and we shall be discussing two important common process inputs – Enterprise environmental factors and Organizational process assets. The latest PMBOK Guide 7th edition places more importance on project management awareness, in particular a more mature view on how the project interfaces with the performing organizations policies, procedures and organizational systems. Projects take place in different organizations – from small start-ups to large multinationals. - Enterprise Environmental Factors (EEF) - Organizational Process Assets (OPA) - Organizational Systems (OS) Enterprise Environmental Factors - Factors outside of the project itself that have, or may have, significant influence on the success of the project…These are the organization’s culture and existing systems that the project will have to deal with, work within, or make use of. Here you will learn the various aspects of a project operational environment, and the ten environmental factors. Let's look at what an enterprise environmental factor is and contrast it to an enterprise environmental factor:

Video lesson

Here, we look at the many types of organizational process assets, within the process group context of initiating and planning and executing, monitoring and controlling. ata that add value to the project. These can be very useful for starting a new project or reviewing a project at key points. These are the organization’s processes, procedures, and historical information. Plans, processes, policies, procedures and knowledge bases specific to and used by, the performing organization and have an influence on the management of the project. These include any artifacts, practice or knowledge from any or all of the organizations involved in the project that can be used to perform or govern that project. Policies, Processes, and Procedures, are unique to each organization and lay down how we manage our projects.

Video lesson

We first look at organizational knowledge repositories and organizational systems. You will learn the organizational governance frameworks and their use on portfolios, programmes and projects. These describe how you get things done and be successful within your organization. For projects to operate effectively inefficiently within an organization’s structure and governance framework, the project manager must understand where responsibility, accountability, and authority reside within the organization. The organizational system determines the power, influence, competence, leadership and political capabilities of the people who can act within the system, and the management elements – who reports to who and what the management structure is.

Video lesson

You will learn the 3 key elements of organizational culture within agile, and agile business practices.

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