The following EEFs are external to the organization:
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Marketplace conditions.
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Examples include competitors, market share brand recognition, and trademarks.
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Social and cultural influences and issues.
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Examples include political climate, codes of conduct, ethics, and perceptions.
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Legal restrictions.
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Examples include country or local laws and regulations related to security, data protection, business conduct, employment, and procurement.
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Commercial databases.
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Examples include benchmarking results, standardized cost estimating data, industry risk study information, and risk databases.
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Academic research.
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Examples include industry studies, publications, and benchmarking results.
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Government or industry standards.
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Examples include regulatory agency regulations and standards related to products, production, environment, quality, and workmanship.
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Financial considerations.
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Examples include currency exchange rates, interest rates, inflation rates, tariffs, and geographic location.
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Physical environmental elements.
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Examples include working conditions, weather, and constraints.