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

Conclusions

The OGSM framework and the capital investment process ensure strategy is moved from the corporate levels through SBUs and business units into projects in a highly visible and structured way. Programs and projects are selected and prioritized using a portfolio management process that ensures alignment of project and business strategy throughout the company. The gated review process ensures that projects are aligned to business strategy (and corporate strategy) as they are set up, authorized, and executed. The Project Management Major Project Process is used to develop the project definition and many key project management plans, a summary of which is generally considered to encapsulate project strategy. However, project strategy