How does project management becomes a part of strategic planning?
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How does project management becomes a part of strategic planning?
Strategic planning sets the mission, objective, goal and strategy of organization. Strategic design and implementation are related with planned use of resource by an organization. Strategies can include short term action plans, policies, procedures, resource allocation directions, programs and projects. Thus project becomes a part of strategic planning.
The principal reason to use project management is to facilitate the implementation of organizational strategy, even though project management may be used very efficiently in other organizational contexts. When an activity that is very large for any one functional department to manage is introduced in the organization, a single point integrates the functional efforts through a matrix organizational design.
Projects are resource consuming activities used to put in effect the organizational strategies, achieve goals and to contribute to the accomplishment of the organizational mission, and all of those suggests that when an enterprise considers the use of project management in its strategy, it must first determine if the proposed projects could be associated with the following:
The core “product line” business is being pursued in the organization’s market strategy.
A new or improved product, service or process design and development effort.
The development of resources to support the enterprise’s product lines, like facilities construction, productivity improvement programs, quality assurance programs and employee participation projects.
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