A Structured Approach to Project Management as a Strategic Enabling Priority
Stephen Abrahams ()
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Stephen Abrahams: Swinburne University of Technology
Chapter Chapter 15 in Effective Implementation of Transformation Strategies, 2022, pp 355-386 from Springer
Abstract:
Abstract Achieving the maximum benefits from strategic investments is high on the priority list for organisations, yet many organisations lack a structured and consistent approach and language for implementing their strategic objectives. The adoption of increased structure in project selection, coordination and execution would seem to many like increasing bureaucracy at the expense of delivery. A lack of effective structure in project implementation leads to people being overstretched and projects failing to deliver on intended outcomes. Establishing a structured approach to project management including the development of a strategic roadmap followed by Portfolio, Programme, Project and Benefits Management, offers a potential solution that provides clarity and transparency in project selection, stakeholder engagement, resource allocation, project delivery and benefits realisation. As organisations mature in their adoption of a structured project management framework (PMF), this enables greater levels of success in the achievement of strategic goals.
Keywords: Strategic enabler; Benefits management; Project management framework; Aligned implementation; Framework alignment (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-19-2336-4_15
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DOI: 10.1007/978-981-19-2336-4_15
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