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Strategic Management for Project Professionals (UMTPM299)
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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.
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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.
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