Project Strategy, Leadership and Governance Coursework

Project Strategy, Leadership and Governance - Coursework Examplejects overall strategy, for instance the care with which the team is staffed, and the goals set for the formulate is both very critical (Jovanovi et al. 2012). In a similar manner, the organizations policies, culture, structure, and operating systems can work effectively to promote and support project prudence or perhaps work against the capability to effectively run projects. An effective project direction requires that before it is started, the manager and the team have a responsibility of understanding the structure of the organization as it pertains to the tasks and project. For almost organizations, projects and project circumspection are not the operating norm, but rather projects exist exterior of the formal, process-oriented activities related to many organizations (Kaleshovska 2014). As a result, many organizations are simply not structured to forgo for the effective completion of the projects in conjunc tion with the ongoing corporate activities. This report give attempt to quantify whether project management is used in strategic context, and then show how this application is achieved. Further, this report will evaluate how excellent project management can promote competitive advantage.Strategic project management provides a practical and step-by-step approach to guiding the organization and mangers on how to turn the projects to gain a competitive advantage. Instead of focusing how the job will be done, a strategic project management focuses on creating a competitive advantage for the organization and winning on the market (Dulipovici & Robey 2013). The framework of strategic project management encompasses five planning assets as well as seven principles for implementation, which can be utilized by organizations and managers during the time of project planning and execution.A project is referred to us as a temporary process and organization projected to achieve certain goals und er the constraints of budget, time, and other resources. In most cases,