Aligning Project Management with Organizational Strategy
Aligning Project Management with Organizational Strategy
OBJECTIVES
- Support top-level strategy formulation
- Link organizational strategy from business strategy to portfolio development to project implementation
- Ensure project credibility by aligning your project with your organization’s goals, objectives and strategies
- Create and implement an appropriate strategy for your project
- Communicate your strategy to the project team, the customer, and other project stakeholders
- Manage stakeholder expectations to maintain portfolio/project alignment
WHO SHOULD ATTEND?
- project managers
- project team members
- Administrators responsible for managing projects
- Technical professionals and engineers moving into project leadership
COURSE OUTLINE
Organizational Strategy in Context
- Strategy defined
- Strategy as a way to achieve organizational success
- Paradigm shifts and their impact—how change influences strategy
- Forces for business change
- The impact of organizational constraints on strategy
Organizational Strategy: Approaches and Techniques
- Strategy as a key to organizational success
- Elements of a successful strategy
- The relationship between strategy and achievability
- Strategy assessments
- Classic approaches and techniques for level-setting strategic thinking
- Towards setting up a culture of strategic thinking
Portfolio Management: Strategic Context
- Defining a portfolio
- Identifying projects included in a portfolio
- The impact of portfolio management on strategy
- Challenges and benefits of portfolio management
- Influential roles in portfolio management
Portfolio Set-up and Maintenance
- Setting up a successful project portfolio
- Organizational influences of portfolios
- Generating potential portfolio projects
- Steps in selecting portfolio projects
- Integrating new projects into an existing portfolio
- Project performance and project gateway reviews
- The project filtering process
Strategic Project Management
- Strategic vs. classic project management
- Aligning projects with strategy
- The role of the project team
- The importance of managing change that affects strategic projects
- Anticipating and managing stakeholder expectations and resistance