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What are the benefits of strategic management for community based projects with the aid of practical examples?

Strategic management in community-based projects enhances resource allocation, stakeholder engagement, and long-term sustainability. For instance, a community garden initiative can benefit from strategic planning by identifying key partners, such as local businesses for funding, and creating a clear vision that aligns community goals with environmental benefits. This approach fosters a collaborative environment, ensuring diverse input and buy-in from residents, ultimately leading to a more impactful and resilient project. Additionally, strategic management helps measure success through defined metrics, allowing for continuous improvement and adaptation.


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.


What role do projects play in the strategic management process?

Projects play numerous roles in the strategic management process. Projects can focus on internal activities within a business as well as external customers.


Explain the role projects play in the strategic management process?

Projects can be used in the strategic management process to analyze operational issues and solve problems. New possibilities can be created from using projects as well.


What are the two major benefits of strategic management to an organisation?

it help in long time planning to distribute work effectively among the members. It aids in decision making to divide the resources and making short term projects to accomplish the strategic goals.

Related Questions

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.


What role do projects play in the strategic management process?

Projects play numerous roles in the strategic management process. Projects can focus on internal activities within a business as well as external customers.


Explain the role projects play in the strategic management process?

Projects can be used in the strategic management process to analyze operational issues and solve problems. New possibilities can be created from using projects as well.


What are the two major benefits of strategic management to an organisation?

it help in long time planning to distribute work effectively among the members. It aids in decision making to divide the resources and making short term projects to accomplish the strategic goals.


Why is there a new or renewed interest in the field of project management?

Managers understand that through projects, they can grow their business. By focusing on projects, management can successfully meet their strategic objectives.


Why is there new or renewed interest in the field of project management?

Managers understand that through projects, they can grow their business. By focusing on projects, management can successfully meet their strategic objectives.


Why is there a new renewed interest in the field of project management?

Managers understand that through projects, they can grow their business. By focusing on projects, management can successfully meet their strategic objectives.


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 are the benefits of project management?

Improved IT Security Greater success rate with projects


How can project management can be applied to a company projects?

Think of project management as another strategic function within your business justlike information technology. It can help small businesses have a plan or process in place for introducing new projects or services.


What are elements of a projects strategic framework?

success criteria; project definitions; strategic focus of projects


What is a program and how does it relate to project management?

A program is a set of related projects managed together to achieve strategic goals. In project management, a program helps coordinate and oversee multiple projects to ensure they align with the overall objectives and deliver desired outcomes efficiently.