1. Explain the role projects play in the strategic management process. 2. How are projects linked to the strategic plan?

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1.    Explain the role projects play in the strategic management process.


2.  How are projects linked to the strategic plan?




Answered 44 days AfterDec 05, 2021

Answer To: 1. Explain the role projects play in the strategic management process. 2. How are projects linked to...

Sayani answered on Dec 27 2021
123 Votes
Role of Project in Strategic Management Process
Project plays an important role in any organization
to focus on a particular target or goal, which needs to be achieved within specific requirements and range of time. In term of strategic management process, any project manager’s main role is to handle each project carefully by creating team that would contribute to the company’s success.
These types of projects bring certain opportunities for the organization to develop new products, or launch initiatives in order to reduce the operational cost or the waste. Projects plays an important role in focusing more accurately both the external customers environment and the internal activities that are required to support better alignment of operation and the strategic objectives.
Strategic project management process is primarily the process that relates the strategic planning in the light of project. Strategic project management has a clear link between the project and the strategic plan as they go side...
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