Define Operational Vision: Moving Business Strategy to Project Strategy

A strategic program or project that is contained in the business unit strategy plan—and authorized to proceed—is managed in accordance with the global project management process. Figure 3.2 shows that the business unit’s (organization’s) direction (i.e., its vision, mission, strategies, and objectives) are confirmed, endorsed, and authorized by management. During this process, the program or project’s vision, strategies, objective, and critical success factors are defined and aligned with the organization’s direction; a letter-of-intent is developed to document these.

Figure 3.5 shows the process in more detail. It indicates how business strategy is translated into program ...

Get Translating Corporate Strategy into Project Strategy: Realizing Corporate Strategy Through Project Management now with the O’Reilly learning platform.

O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.