Key Factors and Implications

Key factors are the "factors which have a bearing on the outcome of your project" (Camilla Reith). Another explanation is that they are "elements of a project considered more important than others". I suggest you start by brainstorming all the thigns that you can think of that affect you and your project. If you have more than seven, then group them into related ideas and give each a heading.

In the My Project Management Tools folder in iNet you will find a file called Key Factors.

• In the first column, list your key factors (the headings if you had to group your factors)
• In the next column, explain what this key factor means for your project - what you have to DO or THINK ABOUT.
• In the third column, put a number that shows the priority for each key factor, with 1 being the mots important.
• In the last column, explain why you have given this priority number to this key factor.