Strategic Project Management Process, A Brief Review.

Strategic project management is the process of assessing “what we are”, as well as the decision and completion of “what we want to be” and “how we want to do it” strategy describes how an organization with the available resources is going to participate in these conditions of the future market. Two major aspects of strategic management are responding to environmental change and share of the possibly scarce resources of the company so as to enhance its competitiveness.

Constant monitoring of changes in the external environment is necessary for survival in a dynamic competitive environment. A second significant aspect is the internal reaction to the new program of action aimed at strengthening the competitive position of firms. Nature of the reaction depends on the type of business, environmental variability, competition and culture of the organization. Strategic project management defines the nature and focus of future development of the company. It provides a sequence of actions at each level of organization. It promotes the integration, since all the power and resources are subject to common goals and common strategy. It is a continuous, iterative process aimed at developing an incorporated and coordinated long-term plan of action. Strategic management helps organizations meet their needs and the needs of their clients over a long period of time. Once long-term prospects are identified, the company may set goals and develop strategies to achieve their objectives, take action to implement their projects. The strategy can solve the problem viability of the organization. Most organizations have successfully formulated strategy of the course, which they must implement. However, the problem of many organizations is the inability to implement these strategies. Integration of strategy definition and its implementation often does not exist. The mechanisms of strategic management are closely interrelated and are aimed at the future success of the organization. Strategic project management requires strong linkages between the mission of the organization, its objectives, plan and implement it. The project defines the general objectives of the organization. Goal of the company establishes the global framework of purpose. And then global challenges define the exact job. Strategies require the implementation of activities and everyday jobs. In most cases, appropriate action may be submitted in draft form.

Analysis and identification of the organization’s mission comes afterward. The mission defines “what we want to become ” or “the reason to exist” for the company. The project determines the scale and scope of the organization. Assignment of the organization must be clearly represented to all employees, for instance, the consulting firm Arthur Andersen partners who can not articulate the company’s mission when they request it, should pay the dinner (a real case for the management game). A written mission statement emphasizes the possibility of joint decision-making authority and employees. A written summary reports determine the goals of the organization to all stakeholders. And finally mission may be used to assess the company.

Current world is based 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 requires to be managed. Professional project managers are those experts who help business owners to conduct their activities. Project managers who want to become real experts, no doubt might be interested in PMP training. Of course, passing PMP exam is a quite tough task but if you are serious about that you can take advantage of PMP simulation. All this, together with Internet technologies being the wonderful source of information, will help you prepare and successfully pass the PMP course.

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