Opportunity research

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Contents

Abstract

Finding an opportunity at the right time might be the key to success, therefore, it is a key activity in the management level to be proactive and look constantly for opportunities. Opportunities might come from different ways and it is a manager's task to allocate and distribute resources into new targets [ref].

For this case, an opportunity is considered a positive outcome of a project, program or portfolio development considering its uniqueness and attractiveness to customers. The overall of the opportunity is that it brings more value to the project by improving it.

This article is about the methodology of finding opportunities within the engineering/energy market. Project opportunities management is a set of techniques and tools to help a risk manager to identify and understand possible improvements to the project objectives [BUSCAR LA CITA DE ESTO]. In following sections it will be explained how to asses different situations keeping in mind the opportunity research. Once identified the possible opportunities, how to estimate the profit and how to address resources to overtake competitors. Finally, it will be explained how opportunities can be converted into strengths.


Opportunities as Risks

Types of Opportunities

According to different authors [METER CITA DE LOS NORUEGOS], opportunities can be classified according to for whom they are. That is the reason why what can be an opportunity for some group of people, it might be a threat for another.

Steps to follow

In order to take advantage of an opportunity, there are four steps to be followed: Identify, analyze, plan and manage. This steps are carried out by different people according to in which level the opportunity is.


References

https://www.entrepreneur.com/article/42940

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