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

Creating Corporate and Business Strategies

The strategy management process has been extensively dealt with by numerous authors. Most include the concepts and processes associated with strategy analysis, strategy creation (formulation), strategy evaluation, and strategy implementation. Few, however, explicitly connect corporate and business unit strategy with project strategy. Few suggest that it should be taken into account during the internal and external analysis processes at the strategy formation stage, or when determining the capability of the organization at the strategy implementation stage. (Why this should be so is an interesting question. Although we don’t have firm research data to explain it, we suspect it is largely because of the ...