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

Positioning Project Management Within a Business Management Context

To understand the way corporate strategy is translated into project strategy, it is important to consider the business management context and the position of project management within it, as well as how the business management functions perceive project management. While project management practitioners may think their function is central to the success of a company, it may have little meaning within the enterprise unless it is clearly established and embedded within the enterprise’s structure and business management processes. An indication of the position, and the relative prominence given to project management, can be gauged from the business management models used by organizations. ...