Translating Corporate Strategy into Project Strategy: Realizing Corporate Strategy Through Project Management

Creating Project Strategy in Projects

Figure 1.9 shows project requirements, scope, and definition inputting to the PMBOK® Guide’s (Project Management Institute 2000) “Project management planning and integration processes” box in the “Creating project strategy” stage. Outputs from this box are supplemented by the strategic framework processes and the more detailed and specific “Elements of project strategy” boxes to develop the project plan. Doing this is likely to enhance the quality of the inputs to the processes from which project strategy is created and ultimately, the quality of the project strategy.

The project plan development process also takes the outputs from the planning processes from other project management knowledge areas not ...