0
What is the importance of studying project and strategic management?
MaryroseObinnaOduche
Strategic management is critical to the development and expansion of all organizations, as it aligns the mission and vision with operations. In deep, Strategic management represents the science of crafting and formulating short-term and long-term initiatives directed at optimally achieving organizational objectives.
Strategy and a company's mission statement and vision are inherently tied, and constitute the core concepts that allow a company to execute these goals. Following this, the company strategy must constantly be edited and improved to move in conjunction with the demands of the external environment.
Wiki User
∙ 10y ago
Add your answer:
Earn +20 pts
Strategic Project Management?
Strategic project management is used to grow the business. Project managers choose projects that align with the strategic objectives of the company.
Importance of cost control in project management?
Importance of cost control in project management?
What has the author Terry Schmidt written?
Terry Schmidt has written: 'Strategic project management made simple' -- subject(s): Project management, Strategic planning, OverDrive, Business, Management, Nonfiction
If one is studying from home for careers in IT software project management what books should one read?
If you are studying at home for a career in IT software project management I would recommend that you read all the management books possible that are affiliated with IT software project management.
Importance of project?
The importance of a project is determined by the objectives and the goals expected. The importance of the project will also influence the management controls that are to be put in place.
How programme management equated with project management?
Program management is the integration of a number of projects to achieve a strategic business outcome. In other words, Program Management encapsulates Project Management.
What has the author Paul Robert written?
Paul Roberts has written: 'Strategic project management' -- subject(s): Project management, Strategic planning 'Strategic project management' -- subject(s): Project management, Strategic planning
Importance cost management in a project?
Cost Management is critical to Project Management. A project cannot be initiated with Cost Management not in place, since cost management is about estimating, budgeting, monitoring, and analyzing the cost information.
Why are time management communication and motivation given more importance in the project management in contrast to traditional management?
I think the question implies that you believe that Project Management is an evolution of normal, traditional management.Project Management is about a managing a project with a defined length (in time), cost, and specification. Project Management is said to be about 90% communications (thus the importance), as the Project Manager usually has to communicate to a lot of people (stakeholders, employees, etc...), in order to get his/her project done.
Why program management be equated with project management?
Program Management does not equate Project Management. Put it simply, Program Management is about handling multiple projects at the same time to serve a strategic, broader business need, while Project Management is about managing and focusing on (usually) one project at the time. A Program Manager usually oversees Project Managers.
What has the author Jack Ferraro written?
Jack Ferraro has written: 'The strategic project leader' -- subject(s): Leadership, Project management, OverDrive, Business, Management, Nonfiction
What are the subjects for bba in Karachi University?
Human Resources Management Marketing Management Project and Operations management Strategic Management Finance Management Information and Communication Technology Management
