Project Management

Question 3 1 Point Chintan Business Advisors have been roped by Malathi Metal works to help them create a project portfolio and put in Governance etc because their staff are all Engineers and do not understand Project Portfolio Management. CEO of Malathi Metal Works, Joshua is wondering why Chintan consultants are doing PESTEL, Five Force, SWOT etc. Although she was told that these are important to establish the portfolio. How will you explain it to Joshua? I PESTEL and SWOT helps you determine the Business Strength PESTEL helps you understand Business Environment while SWOT helps you determine how m attractive your business is PESTEL and 5 forces helps you understand the Industry while SWOT helps determine if Company is in a position to capitalize on it. PESTEL explains Business Strength while Porter 5 force helps to determine Industry attractiveness