Project Commercial Integrity

Project Commercial Integrity

Projects need to consider the commercial context of the project throughout the project’s life cycle. Traditional project constraints such as the iron triangle need to be further expanded to consider financial, contractual and legal contexts to ensure effective decision-making. An awareness of these streams (financial, contractual and legal) will ensure all potential exposures are considered well in advance of, and during project implementation. Project Investment appraisal techniques, non-financial accounting methods, procurement route, contract and pricing strategies and dispute resolution methods are essential components of project management practices.

Now thinking time:

Why is commercial context awareness is important for Projects and Project Management practices?

What do Project Manager and Project Team need to know in relation to Commercial context in Projects and Project Management practices?

What are the range of Commercial context methods, routes, techniques and tools?

What is the new Project Business Environment?

Why commercial context awareness is important for Projects and Project Management practices?

It has becoming increasingly important for Project Manager to be aware of the business environment impact to a project’s financial, contractual and legal context. Macro, meso and micro factors will cause different level of impact to a project’s continuing progress. The Project Manager and his/her Project Team must be competent to appraise the financial contractual and legal exposures well in advance before deciding a project’s viability. All project terms and conditions must be appropriately assessed before any decision is made to award and continue with the project. These terms and conditions are contractually and legally binding. Once approved, it can become more difficult to manage risk as the project progresses.

Today’s Project Manager also needs to explore the changing requirements of project management in the current business climate. The traditional project manager role focused on the processes and tools needed to complete a project within a set budget and time frame. It no longer makes best business sense to develop a long-term plan and stick to it at all costs. Factors such as globalization, stricter accountability, employee development, change and risk management and unstable economic conditions all require that companies today are able to adapt to quickly in order to succeed in tough economic climate.

Get Accounting Homework Help in Canada from Helphub

Calculate your paper price
Pages (550 words)
Approximate price: -

Why Choose HelpHub


Quality Researched Papers

We always make sure that writers follow all your instructions precisely. You can choose your academic level: high school, college/university or professional, and we will assign a writer who has a respective degree.


Qualified Writers

We have hired a team of professional writers experienced in academic and business writing. Most of them are native speakers and PhD holders able to take care of any assignment you need help with.


Unlimited Revisions

If you think we missed something, send your order for a free revision. You have 10 days to submit the order for review after you have received the final document. You can do this yourself after logging into your personal account.


On Time Delivery

All papers are always delivered on time. In case we need more time to master your paper, we may contact you regarding the deadline extension. We will always strive to deliver on time.


Original & Confidential

We use several writing tools checks to ensure that all documents you receive are free from plagiarism. Our editors carefully review all quotations in the text.


24/7 Customer Support

Our support agents are available 24 hours a day 7 days a week and committed to providing you with the best customer experience. Get in touch whenever you need any assistance.

Try it now!

Calculate the price of your order

Total price:

How it works?

Follow these simple steps to get your paper done

Help Hub

Place your order

Fill in the order form and provide all details of your assignment.

Help Hub

Proceed with the payment

Choose the payment system that suits you most.

Help Hub

Receive the final file

Once your paper is ready, we will email it to you.

HelpHub Writing Services

No need to work on essay at night. Sleep tight, we will cover your back. We offer all kinds of essay writing services.

HelpHub HelpHub


Essay Writing Service

No matter what kind of academic paper you need and how urgent you need it, you are welcome to choose your academic level and the type of your paper at an affordable price. We take care of all your paper needs and give a 24/7 customer care support system.

HelpHub HelpHub


Admission Essays

An admission essay is an essay or other written statement by a candidate, often a potential student enrolling in a college, university, or graduate school. You can be rest assurred that through our service we will write the best admission essay for you.

HelpHub HelpHub


Editing Support

Our academic writers and editors make the necessary changes to your paper so that it is polished. We also format your document by correctly quoting the sources and creating reference lists in the formats APA, Harvard, MLA, Chicago / Turabian.

HelpHub HelpHub


Revision Support

If you think your paper could be improved, you can request a review. In this case, your paper will be checked by the writer or assigned to an editor. You can use this option as many times as you see fit. This is free because we want you to be completely satisfied.