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

Executive Summary

This book reports on a yearlong research project sponsored by Project Management Institute (PMI), industry and academia, which looked at how corporate strategy moves to project strategy. Practice in four international companies was examined and data collected from a survey of PMI members.

Project and program management is widely used as a means of implementing corporate strategy. Generally, strategies cascade from the corporate level through portfolios, programs, and projects in a systematic and hierarchical manner that provides cohesion, visibility, and an effective means of communication. Within this framework, project strategy is managed dynamically as it builds and progresses while the project is developed.

Enterprise-wide ...