The processes of translating business strategy into project management actions

Because the practice and study of project management has rapidly expanded over the past several decades, contemporary project professionals now possess, in their toolboxes, a mature body of knowledge and a wide range of applications appropriate for many industries. As the literature now shows, practicing project management enables organizations--when the discipline is well deployed--to expand product life, reduce project development and delivery timeframes, improve operations integration and control, and increase return on investment, sales, and profitability. This paper examines how organizations can realize projects that support their business strategy. In doing so, it outlines a theoretical framework for aligning project management with business strategy, a framework informed by the existing literature on project failure and the authors' observation of the methods three companies use to link projects with strategy. It also analyzes business strategy literature, business strategy typologies, project managem
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