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2024 | OriginalPaper | Chapter

12. Factoring in the Factors

Or More Bluntly: The Difference Between Success and… Failure

Author : Raphael H Cohen

Published in: Pre-Project Excellence

Publisher: Springer Nature Switzerland

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Abstract

This chapter discusses the importance of analyzing Factors in order to identify relevant Tactical Moves for a given Opportunity. It explains that Factors are parameters that have a positive or negative impact on the success of a project, both internal and external to the company. The IpOp Model is presented as a bottom-up approach that focuses on Factors that directly affect the Opportunity itself, rather than factors—like the SWOT—that impact the organization as a whole.
ISO 56007 addresses the acceptability of factors that hinder or boost implementation, but it does not provide specific guidance on how to handle these project selection criteria. This chapter provides insights on how to identify such Factors and emphasizes the need for a systematic assessment with a scale for rating their importance and probability of occurrence.

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Footnotes
1
(Chap. 10).
 
2
SWOT (Strengths, Weakness, Opportunities, and Threats).
 
3
See Chap. 16.
 
4
Since CDCs are critical to achieving the Definitions of Success and Failure they are de facto included in assessing the impact of Factors on the Definitions of Success and Failure. Because this is an indirect impact I recommend that the impact on CDCs be evaluated separately as a safety measure.
 
5
See Chap. 14.
 
6
See Table 15.​1 in Chap. 15
 
Metadata
Title
Factoring in the Factors
Author
Raphael H Cohen
Copyright Year
2024
DOI
https://doi.org/10.1007/978-3-031-61774-4_12

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