Project evaluators need to contemplate governmental influences

Project evaluators need to contemplate governmental influences

Discuss why project evaluators need to contemplate governmental influences as they consider project assets, capabilities, and constraints. How does this factor into a reverse logistics program?

Why project evaluators need to contemplate governmental influences

Firstly, Discuss why project evaluators need to contemplate governmental influences as they consider project assets, capabilities, and constraints.

Secondly, How does this factor into a reverse logistics program?

More details;

Project evaluators have a critical role in the planning phase of any project to develop the key objectives, scope of work, identify the functions and methods on continuous evaluation throughout the project. This will help the project manager to maintain accountability as well as forming the basis of a knowledge center to avoid weaknesses or mistakes. Identify key stakeholders and roles within the project in addition to planning and scheduling workload.

Project evaluation beyond the planning phase should be conducted at critical mile stones and could be completed by either internal or external sources. This is to ensure the project is being completed on time and on budget. Evaluators weigh the financial gains or losses, as well as managing project costs throughout the program will be looking at the amount of time that will lapse before the benefits of the investment are achieved. Evaluators examine “payback periods, cash flow, and cost of any debt incurred, taxes, direct quantifiable expenses, indirect expenses, and unquantifiable costs” (Irizani, 2010).

Governmental influences enter into nearly every project and can impact decisions. Consider that XYZ Corporation believes a team building event away from the office would increase overall employee satisfaction and productivity. Consider choice of location may be at a beach. Governmental influences to consider might be hours of operation, prohibiting alcohol, prohibiting open flames for grilling, and other regulations. Where the government has no direct impact on the corporate event. The regulations surrounding the use of the public space will ultimately affect the event.