Introduction The Smith Tower, a skyscraper in Washington, D.C., will demonstrate how external factors influence a construction project implementation process. A trend has emerged in which cities across the world are utilizing technology to build upwards rather than outwards to boost inner-city populations and offices for successful enterprises. The fight against gravity was the biggest issue in the construction of the skyscraper. Advances in steel make made it possible for architects to design such a tall buildings. The skyscraper consists of a steel skeleton structure in which giant girder grids were formed by riveting metal beams end to end to develop vertical columns. The columns were connected to horizontal girder beams to strengthen and reinforce the structure on each floor. Diagonal beams between girders provide additional support. The Smith Tower remains one of the tallest buildings in Washington with the gleaming white terra-cotta monument creating an unparalleled cultural position. The contractor and project team attempted to balance business needs with those of the society because of the growing concerns about sustainable development. Ethical and social responsibility were critical development pillars enabling project sponsors to compensate the community for the detrimental effects of new initiatives (Duman, Giritli, and Mcdermott, 2016, p. 218). The contractor and the project team faced significant challenges when balancing various stakeholder interests in the project. For instance, the project sponsors were interested in the delivery of a state-of-the-art tower within the minimum possible budget. Community members were interested in how the skyscraper and the process of developing it would affect their livelihoods. Positive impacts such as increased job opportunities were welcome, while negative impacts such as environmental degradation were opposed. A critical review of the literature will be conducted to determine the external factors likely to affect the project and appraise ethics and social responsibility. The approach will help to evaluate the project from the perspectives of different scholars and determine the best practices to ensure successful implementation balancing multiple stakeholder interests. External Influences The project team had to address the multiple aspects of implementation. Internal hindrances were easier to address because they were within the scope of the management. However, external challenges were difficult to deal with because they were beyond the control of those in charge of the contractor. Examples include the gross domestic product (GDP), labor availability and work experience, technology, interest rates, inflation rate, material price index (MPI) (Szymański, 2017, p. 174). Evaluating the potential impact of each of the elements guided the project team in anticipating potential obstacles and develop proactive strategies of addressing them. Most of the issues likely to interfere with project execution are quantifiable, making it conceivable to conduct a factor analysis. A multiple linear regression model can help to determine the extent to which each of the external influences can affect a critical deliverable, such as cost or completion time. For example, a change in each of the variables may affect the total cost of building the skyscraper or the duration critical milestones, thus affecting the budget and scope. Additionally, some elements may have a stronger effect on project implementation than others. The following model presents the project cost as a function of the external