“Strategic Project
Management (SPM)” spans the gap between organizational strategy and business
results. Long-term success of modern organizations will depend on integrating
project management into the organization’s strategic planning initiatives.
The SPM approach includes conventional project management practices, and
employs additional tools to better deliver the organization’s chosen strategy.
SPM extends the project management focus beyond meeting the classic triple
constraint (schedule, cost and quality) to better achieve key organizational
goals like customer satisfaction, penetration to a new market, increasing
market share, long term growth etc. Applying the concepts of SPM would
elevate Project Management practices into a source of competitive advantage.
To be successful, the PM community needs a new mindset that will
align project management with an organization’s strategic objectives
to improve business performance. Project Managers (PMs) with a strategic
mindset are concerned about linking projects with broader programs / portfolios.
PMINJ invites you to learn more about SPM at their May 2012 Annual
Symposium. This symposium will help you:
- Understand
your organization’s strategy and the value your project provides
- Learn to
translate strategic intent into executable projects and purposeful actions.
- Provide practical
tools to link projects to big-picture strategic intent
- Consider
all the key factors needed for success using Systems and Strategic Thinking.
- Develop clear
project plans and committed project teams
- Manage projects
more strategically