Synopsis
Today’s business climate is characterised by unprecedented changes in technology and globalisation, as well as by complex business relationships and the unrelenting drive for competitive success. In this highly stressful environment, it is essential for project managers to think and act strategically. How does an organisation formulate a strategy to achieve competitive success? How do projects contribute to the implementation of the organisation’s strategy? How should a project manager develop a project strategy that supports organisational strategic and business goals?
Aligning Project Management with Organisational Strategy gives you an in-depth analysis of the process leading from business strategy formation to portfolio development to the project and project manager’s role. Learn how to link your project to the business strategy, apply and maintain alignment of the project strategy, and manage the expectations and interests of those who have a stake in the project outcome. Thought-provoking discussions and stimulating exercises highlight this dynamic, timely course.
You'll learn how to use a project ranking tool that can be used within your organisation to prioritise strategic projects. This tool can help you, the project manager, ask the questions to understand how your project fits into your organisation’s strategic initiatives.
Learn
- Support top-level strategy formulation
- Link organisational strategy from business strategy to portfolio development to project implementation
- Ensure project credibility by aligning your project with your organisation’s goals, objectives and strategies
- Create and implement an appropriate strategy for your project
- Communicate your strategy to the project team, the customer, and other project stakeholders
- Manage stakeholder expectations to maintain portfolio/project alignment
This course utilises digital materials.
Topics
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Organisational Strategy: Approaches and Techniques
Strategy as a key to organisational success
Elements of a successful strategy
The relationship between strategy and achievability
Strategy assessments
Classic approaches and techniques for level-setting strategic thinking
Toward setting up a culture of strategic thinking
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Organisational Strategy in Context
Strategy defined
Strategy as a way to achieve organisational success
Paradigm shifts and their impact—how change influences strategy
Forces for business change
The impact of organisational constraints on strategy
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Portfolio Management Strategic Context
Defining a portfolio
Identifying projects included in a portfolio
The impact of portfolio management on strategy
Challenges and benefits of portfolio management
Influential roles in portfolio management
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Portfolio Set-Up and Maintenance
Setting up a successful project portfolio
Organisational influences of portfolios
Generating potential portfolio projects
Steps in selecting portfolio projects
Integrating new projects into an existing portfolio
Project performance and project gateway reviews
The project filtering process
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Strategic Project Management
Strategic vs. classic project management
Aligning projects with strategy
The role of the project team
The importance of managing change that affects strategic projects
Anticipating and managing stakeholder expectations and resistance