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enterprise development project:

... the undertaking of an enterprise developer outside of the norm of everyday activities of an organization that involves a particular focus and commitment of people, time, and resources. Enterprise development projects should be planned to fall in line with business plans. Projects initiators are business decision makers as well as others which you will, for example, find among .network core users. In general, projects are identified as having a commitment and activity status as follows: tentative, preliminary, active.
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Tentative ... a project that acutely may not materialize but involves time in gathering and analyzing information, for example business intelligence, that feeds into the decision making process. Specialized personnel may to assigned to a fact finding mission but it is unlikely that a project team is formed. Consultants and other advisors might be used. A project network should be in place or begin to form at this tentative stage.
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Preliminary ... a conditional project; i.e., certain assumptions are made, but if they turn out not to be true or if things change the project might be shelved or the project-to-follow not happen. A consultant may be engaged to handle a preliminary project and a team may be formed. Savvy decision makers involved ratchet up their focus on risk management and challenge information that they are given by others, especially, that which is gathered from networking or from resource and service providers acting as advisors.
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Active ... a project infused with capital (its own operating budget) and guided by a time line with benchmark points for getting things done. An active enterprise development project is organized with a clear explanation of its objective(s). It has project specifications or established criteria that is to be met, For example, an enterprise development project that involves a search for a location or real property certainly must have a set of selection criteria sufficiently understandable so everyone involved contributes effectively.
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Links to glossary definitions the various types of enterprise development projects:
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entrepreneurial ventures expansions
pursuits of excellence quality initiatives
relocations site selection
those that make economic development happen—e.g. jobs creation
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related: enterprise and economic development; mission of The Network

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Economic Development Services, Inc. / copyrights © and all rights reserved / 01/18/2012