Project Management By K Nagarajan Pdf Reader

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Strategic Project Management December 4, 2006 Posted by Eric Brown in,.Strategic Project Management (SPM) has been defined by Callahan & Brooks (2004) as “the use of the appropriate project management knowledge, skills, tools and techniques in the context of the companies goals and objectives so that the project deliverables will contribute to company value in a way that can be measured” (Callahan & Brooks, 2004, p. They further describe SPM as a “process that takes into account a company’s way of doing business, allowing for the possibility of a significant payoff with fewer risks” (Callahan & Brooks, p. 30).The above definitions are good, but they do not convey the most important aspect of SPM, which is the fact that senior leadership needs to be involved in selecting, defining and prioritizing which projects are undertaken within the organization. Because of this, the following definition does a much better job of accurately defining SPM:Strategic Project Management consists of selecting, managing and measuring project outcomes to ensure optimal value for an organization. All projects undertaken by an organization must meet a set of criteria setup by the organizations’ leadership to ensure alignment with the strategic vision of the organization.Strategic Project Management is really nothing more than picking the right projects for the organization to ensure optimal returns.

Project Management By K Nagarajan Pdf Reader Download

This sounds very simple and straightforward, but research shows that there are many organizations that have overlooked the important fact of aligning projects with corporate strategy.To learn more, download th e article titled ““ (Adobe Acrobat PDF reader required).References:Callahan, K., & Brooks, L. Essentials of strategic project management. Hoboken, NJ: John Wiley & Sons.Technorati Tags:,. In a recently published White Paper, I addressed this same topic (See the post on Strategic Project Management here or here) and methodologies to help to ensure project success. An excerpt from the White Paper is provided below: Strategic Project Management is really nothing more than picking the right projects for the organization to ensure optimal returns. This sounds very simple and straightforward, but research shows that there are many organizations that have overlooked the important fact of aligning projects with corporate strategy.

The fact that SPM is often overlooked can be seen in research performed by Stanleigh (2006) and report in the article titled “From Crisis to Control: New Standards for Project Management”. Stanleigh reports that a fraction of projects undertaken by organizations (roughly 2.5 percent) are 100% successful (Stanleigh, 2006, p.

Stanleigh discusses the need for organizations to ensure that only those projects that are aligned with the corporate strategic vision be undertaken and he describes four key strategies that assist organizations in regaining control over their projects and ensuring strategic fit. In a recently published White Paper, I addressed this same topic (See the post on Strategic Project Management here or here) and methodologies to help to ensure project success. An excerpt from the White Paper is provided below: Strategic Project Management is really nothing more than picking the right projects for the organization to ensure optimal returns. This sounds very simple and straightforward, but research shows that there are many organizations that have overlooked the important fact of aligning projects with corporate strategy. The fact that SPM is often overlooked can be seen in research performed by Stanleigh (2006) and report in the article titled “From Crisis to Control: New Standards for Project Management”. Stanleigh reports that a fraction of projects undertaken by organizations (roughly 2.5 percent) are 100% successful (Stanleigh, 2006, p. Stanleigh discusses the need for organizations to ensure that only those projects that are aligned with the corporate strategic vision be undertaken and he describes four key strategies that assist organizations in regaining control over their projects and ensuring strategic fit.