Overview

Over the past twenty years, project management has matured dramatically. At the outset, it was primarily concerned with getting a job done under cost and schedule constraints. Today, it is a key component of the business strategies of enterprises, since in today’s project-based enterprises, strategic goals are achieved through the execution of projects. Consequently, project professionals need to get up to speed on strategic management principles and practices. They need to understand how to define objectives and goals that dovetail with the enterprise’s strategic direction. They need to be familiar with major strategic planning concepts, including gap analysis, core competency, balanced scorecard, and value chain. With insights into the strategic management process, they will be able to select and plan projects so that they dovetail with their enterprise’s overall strategies.

Objectives

To learn the basic principles and practices of strategic management in order to align project selection and planning with an enterprise’s strategic goals.

PMBOK Knowledge Areas

• Project Integration Management
• Project Scope Management

Instruction

• Course modules containing cutting-edge knowledge developed by renowned experts in project management
• Course Textbook: Strategic Thinking: A Four Piece Puzzle, by Bill Birnbaum
• "Think and Review" section that helps you review key points of the modules
• Answers to the "Think and Review" section
• A final exam which contains multiple choice and true/false questions
• Certificate of Completion, which makes students eligible for 15 PDU credits (given upon exam completion).

What You Will Learn

• How to articulate vision and mission statements
• How to derive strategic goals from vision and mission statements
• How to develop objectives and strategies to achieve strategic goals
• How to link an enterprise’s internal practices with its external environment
• Using gap analysis to determine what efforts need to be carried out
• How to achieve focus in strategic planning by identifying the enterprise’s core competencies
• Using a balanced score card to develop a big picture vision of whether you are touching all your key strategic bases
• How value chain analysis can help enterprises achieve competitive advantage
  

Take a Course

This course costs $495. You can begin the course today, with no application necessary. There are four easy ways to sign up:

• Secure Online Payment (VISA, Master & American Express)
• Registration Form [Word]. Mail the form with your check to: UMT, 1901 North Fort Myer Drive, Suite 700, Arlington, VA 22209-1609.
• Fax the form to us at (703) 516-0985.
• Register by phone at (703) 516-0035.

Once the payment has cleared, you will be issued an ID name and a Password that will allow you to access the full course.

To access the course, log into the UMT online coursesite with your USER ID and PASSWORD at: coursesite.umtweb.edu.