Strategy is something that is being fulfilled through the project. Each project must have a clear connection with strategy of the organization. Modern violent global competition has changed the culture of business and its business processes. Companies have been forced under the pressure of varying external conditions to pursue their reduction and devolution. Such changes are more visible in organizations that are highly dependent on the stage of the life cycle of its market, such as Bechtel, Cable Neiwork News (CNN), Electronic Data System (EDS), Hewlett-Packard (HP) in the late 80’s- early 90’s, these and other organizations have responded to changes in their business surroundings- changes in organizational structures and reorientation to project management.
For the company for example Dinsmore, a new expression “management organizations with projects” was invented to describe the changes in organizational culture. It is obvious that this was done in order to use projects to achieve the strategic objectives of the Organization. Combining all the projects in the unit-dimensional strategic way is vitally important for achieving business success. Each project must comply with the strategic plan for the organization, created to meet the future requirements of its customers. However, few large and medium-sized businesses have managers who can determine the priority of the project and link it with the general plan. Ensuring a strong link between the strategic plans and projects is a very laborious task, requiring the constant attention of the top and middle level. The larger and more diverse organizations, the harder it is to create and uphold a strong bond. You can find many examples of the fact that most organizations have not yet developed a mechanism which would firmly put together a draft pick and their general plan. As a result of an ill-used organizational resources for example the people, money, equipment, and key features. In which way can an organization provide such a link? Only by implementing the integration principle as its projects in the strategic plan. Integration requires a strategic plan on itself and mechanism for determining priority projects for their consistency with the plan, the main factor providing for the successful integration of a plan with the project by creating a mechanism that is open and accessible to all participants. The significance of strategic planning is primarily about the mechanism to develop a general plan and the ability to timely resolve the problems arising in the absence of communication strategy and design, overall methodology. This, when combined, gives an integration by establishing a strong link between the choice of project turning points and strategic plans. Finally, this model finally explains the priority of selection used in practice. The estimated consequence is a clear organization having the proper use of all of the resources (people, equipment, capital).
There is a visible trend towards the use of strategic management practices top-down and bottom up, which is a strategy that would motivate the engagement in the process of all the stakeholders at every level. Project leaders are part of the process and more biased for the strategic planning and project selection process.
Today’s world is revolving on business. For some people it is the way of making money, for others – it’s a job to make living, and for some of them – this is a style of their life. In any case business is an activity which has to be managed. Professional project managers are those people who help business owners to arrange their activities. Project managers who are eager to become real experts, for sure will be interested in PMP training. Of course, passing PMP exam is a quite tough task but if you are serious about that you can use PMP simulation. All this, together with Internet technologies being the wonderful source of information, will assist you to prepare and successfully pass the PMP course.