Question:
a) ‘Changes in the competitive environment in which majority of organisations operate has necessitated a major rethink of the ways in which projects are managed'(Harvey 2003) Discuss this statement.
b) How would you describe the competitive environment of your organisation and what hindrances does this place on projects being carried out in such an environment?
c) Elaborate on the variables that characterize project complexity and explain the necessity of identifying complexity of a project.
d) What is the hedgehog syndrome and explain what lessons can be gauged from this phenomena?
e) What is a trade-off in the context of a project? How would you resolve it? What aspect would you compromise on and why?