Professional Documents
Culture Documents
Organizational culture is generally understood as all of a company's beliefs, values and attitudes,
and how these influence the behavior of its employees.
Corporate culture refers to the beliefs, attitudes, and values that the organization’s members
share and the behaviors consistent with them (which they give rise to). Corporate culture sets one
organization apart from another, and dictates how members of the organization will see you,
interact with you, and sometimes judge you. Often, projects too have a specific culture, work
norms, and social conventions.
According to Hofstede, Organizational Culture is defined as the way in which members of an
organization relate to each other, their work and the outside world in comparison to other
organizations.
Chapter -7
Project initiation
The project initiation phase is the first phase within the project management life cycle, as it
involves starting up a new project. Within the initiation phase, the business problem or
opportunity is identified, a solution is defined, a project is formed, and a project team is
appointed to build and deliver the solution to the customer.
the Initiation process guides the project team as they determine and articulate those key aspects
of a proposed project that will help in the decision process.
The business case
A business case is created to define the problem or opportunity in detail and identify a preferred
solution for implementation
The business case includes:
• A detailed description of the problem or opportunity with headings such as Introduction,
Business Objectives, Problem/Opportunity Statement, Assumptions, and Constraints
• A list of the alternative solutions available
• An analysis of the business benefits, costs, risks, and issues
• A description of the preferred solution
• Main project requirements
• A summarized plan for implementation that includes a schedule and financial analysis