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Strategic Planning for Projects-based Companies: 5 Key Elements.

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STILL UNDER PREPARATION AND FINAL REVIEW: COMING SOON!

Strategic planning is the act of creating short- and long-term plans to guide an organization to continue and to increase the success in the marketplace. At project-based organizations, project is usually designed to make progress toward strategic planning objectives. That is the actual case in many medium- to large-scale business domains such as ICT, Government, Education, Healthcare, Construction, Banking, Manufacturing, Services and much more.

This document will focus on the practical approach of Strategy Formation as well as its Execution through certain projects and programs. The 5 key elements proposed to achieve the business strategical objectives are:

  •  Projects
  •  Programs
  •  Portfolio
  •  Project/Program Management Office (PMO)
  •  The Governing Board at which decision-making process takes place.

Most of modern businesses aim at achieving of high levels of Performance, Profitability, Competition, Quality Products and Services, maximum ROI and minimum Overhead, Sustainability and Growth.

 

 

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