I’m interested in understanding how the ongoing tensions in the Middle East and the closure/disruption of the Strait of Hormuz are affecting projects across different industries.
How has this situation impacted your projects so far (e.g., supply chain, costs, timelines, resource availability)?
What mitigation strategies have you implemented or are considering?
How are you assessing and managing risks at this stage?
Looking ahead, what impacts do you anticipate if the situation escalates further?
Appreciate any insights, experiences, or lessons learned.
Product Operations Program ManagerBarcelona, Cataluña, Spain
This is a very good question. The risk of wars, as it happened with the risk of a pandemic like the covid-19 in 2020, are not usually listed on the risk log. Amazingly enough, Wimbledon had subscribed an insurance against pandemics, and managed to cover for most of the losses during the pandemic years.
The impact of inflation and the costs of incoming materials ought to be reassessed (and with them, the business case) to ensure that the project assumptions and goals remain relevant.
Program Manager| HARPER SRLSanto Domingo / Distrito Nacional, Dominican Republic
You're right, situations like this force us to revisit assumptions, especially around cost, supply chain, and timelines. In many cases, it’s less about reacting to the event and more about how quickly we adjust the business case and priorities. Saving Changes...
This is a very good question. The risk of wars, as it happened with the risk of a pandemic like the covid-19 in 2020, are not usually listed on the risk log. Amazingly enough, Wimbledon had subscribed an insurance against pandemics, and managed to cover for most of the losses during the pandemic years.
The impact of inflation and the costs of incoming materials ought to be reassessed (and with them, the business case) to ensure that the project assumptions and goals remain relevant.
Senior IS Project Manager| Baycare Health SystemsClearwater, Fl, United States
The PMBOK states, "2.2.1 Enterprise Environmental Factors Enterprise environmental factors refer to conditions not directly influenced by the project team that impact, constrain, or direct the project. These conditions can be internal and/or external to the organization. The EEFs are considered as inputs to many project management processes, specifically for most planning processes. These factors can either enhance or constrain project management options as well as influence tailoring needs and project outcomes, positively or negatively."
An example is Physical environmental elements. Examples include working conditions, weather, and constraints such as geopolitical issues. Saving Changes...