Business EnvironmentEvaluate external business environment changeseasy
At initiation, the project manager assessed the external regulatory and market environment and found no concerns. How should the external environment be treated for the rest of the project?
- ATreat the initiation assessment as settled and final, on the grounds that the external environment was already reviewed thoroughly at the proper point in the project.
- BReassess the environment only if a stakeholder specifically raises a concern about it.
- CRevisit the environment once at closure, to record any changes for the lessons learned.
- DMonitor the external environment continuously through delivery, since regulatory, market, and technology conditions can change while the project is under way.
Explanation
Correct answer: DThe external environment is monitored throughout the project, because conditions that were clear at initiation can shift during delivery and affect the work.
- A
- Treating a point-in-time assessment as permanent leaves the project blind to changes that arrive after initiation.
- B
- Relying on stakeholders to raise concerns makes monitoring accidental and misses changes no one happens to flag.
- C
- A review at closure records history after the fact and cannot help the project respond while it still can.
- D
- Correct. Regulatory, market, and technology conditions change over a project's life, so scanning the environment continuously is what catches a shift in time to respond.