Linking Project Management to Business Strategy
Business & Finance, Management & Leadership, Management
| Author: | Aaron J. Shenhar, Dragan Milosevic, Dov Dvir, Hans Thamhain | ISBN: | 9781628251593 |
| Publisher: | Project Management Institute | Publication: | September 1, 2007 |
| Imprint: | Project Management Institute | Language: | English |
| Author: | Aaron J. Shenhar, Dragan Milosevic, Dov Dvir, Hans Thamhain |
| ISBN: | 9781628251593 |
| Publisher: | Project Management Institute |
| Publication: | September 1, 2007 |
| Imprint: | Project Management Institute |
| Language: | English |
In Linking Project Management to Business Strategy, researchers were guided by the hypothesis: If projects are successful in aligning their efforts with the business strategy, they will better contribute to the long-term goals of the organization. Strategic alignment is a two-way process. Overall business strategy informs project planning and in turn, project success impacts enterprise success. Strategic alignment of a project takes into account strategic focus, operational efficiency and team leadership. The extent to which a project is focused on each dimension determines the level of “strategic maturity” for a given project. Research has shown that higher levels of strategic maturity are associated with higher levels of project success.
In Linking Project Management to Business Strategy, researchers were guided by the hypothesis: If projects are successful in aligning their efforts with the business strategy, they will better contribute to the long-term goals of the organization. Strategic alignment is a two-way process. Overall business strategy informs project planning and in turn, project success impacts enterprise success. Strategic alignment of a project takes into account strategic focus, operational efficiency and team leadership. The extent to which a project is focused on each dimension determines the level of “strategic maturity” for a given project. Research has shown that higher levels of strategic maturity are associated with higher levels of project success.
