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Chapter 2 Organization Strategy and Project Selection McGraw-Hill/Irwin © 2008 The McGraw-Hill Companies, All Rights 2-2 Why Project Managers Need to Understand the Strategic Management Process  Changes  Project in the Organization’s Mission and Strategy managers must respond to changes with appropriate decisions about future projects and adjustments to current projects. managers who understand their organization’s strategy can become effective advocates of projects aligned with the fi
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  McGraw-Hill/Irwin© 2008 The McGraw-Hill Companies, All Rights OrganizationStrategy andProject Selection Chapter 2  2-2  2-3 Why Project Managers Need to Understandthe Strategic Management Process  Changes in the Organization’s Missionand Strategy  Project managers must respond to changeswith appropriate decisions about futureprojects and adjustments to current projects.  Project managers who understand their organization’s strategy can become effectiveadvocates of projects aligned with the firm’smission.  2-4 The Strategic Management Process: An Overview  Strategic Management  Provides the theme and focus of the futuredirection for the firm. o Responding to changes in the externalenvironment—environmental scanningo Allocating scarce resources of the firm to improveits competitive position—internal responses to newaction programs  Requires strong links among mission, goals,objectives, strategy, and implementation.
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