Answer to Question #224060 in Management for Nablis

Question

Assuming that you are the Project Manager in charge seeking the approval of the stakeholders.

A. Outline the possible inputs, outputs, outcomes, and impacts of the project

Answer 1

Inputs are the essential things for a project implementation as any project will require time to be allocated, employees, finance either as contribution from stakeholders.

Outputs are the direct results from a certain project that are used to determine the success of the project management. Output can be new products or services introduced in an organization and improvement of the existing systems from the outdated.

The outcomes are directly related to the consequences of a project like introduction of new system leads to improvement of service delivery. The third stage of project outcomes, and it represents the development's long-term outcome. Most of the time, determining the exclusive influence of a project is challenging since numerous other initiatives, all of which are not identical in nature, might have the same effect. Impacts can be increase in profits or competitive advantage of a company.