Organizational Strategy and its Relationship with Project Management
Copyright © 2017 by Tomislav N. Krnich
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What are portfolio, program, and project management aligned with or driven by?
- Organizational strategies.
In which basic way do portfolio, program, and project management differ from each other?
- In the way each contributes to achieving an organization’s strategic goals.
How does portfolio management get aligned with organizational strategies?
- It must select the right programs or projects, prioritize the work, and provide the needed resources.
How does program management get aligned with organizational strategies?
- It must harmonize its projects, program controls, and controls interdependencies to produce specific benefits [that support the strategy].
Describe the flow of strategies from the organizational level, to the portfolio and program level, to the project level.
- Organizational management develops strategies,
- portfolio and program management convert strategies into objectives, and
- project management converts objectives into project plans and implements them.
How does OPM advance management’s capabilities at the organizational level?
- By linking portfolio, program, and project management principles and practices with organizational enablers to support strategic goals.