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Looking at information sources for potential projects

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Organizational leaders initiate projects in response to one of the following four categories of factors that influence their organization:

 Regulatory, legal, or social requirements

 Stakeholder requests or needs

 Implementing or changing business or technological strategies

 Creating, fixing, or improving products, processes, or services

Important sources of information regarding possible projects and their potential value to the organization are the annual plans and budgets of the overall organization and its individual operating units. These documents typically include

 The organization’s (or unit’s) mission, goals, and strategies

 Desired changes to be made in the organization’s operations

 Changes occurring in the organization’s market, customers, and competition

 The organization’s key performance indicators (KPIs)

Other important sources of information include descriptions of the structure, components, problems, and issues related to the organization’s major operating systems and processes.

Project Management For Dummies

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