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

Business Models and Creating Corporate and Business Strategies

Strategy management is dealt with by numerous authors, most of whom address 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, although the linkage is clearly implied. Few acknowledge that project strategy should be taken into account during the strategy formation stage or when determining the capability of the organization at the strategy implementation stage. Yet, business models, used widely by many organizations, often incorporate project management as a key business management process area. ...