Organisation strategy and project selection

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Reference no: EM132550472 , Length: word count:1000

Topic : Organisation Strategy and Project Selection
Student Learning Content

Topic Outline

1. The Strategic Management Process: An Overview
A. Four Activities of the Strategic Management Process
i. Analyze and Formulate Strategies
ii. Set Objectives to Achieve Strategies
iii. Implement Strategies through Projects

2. The Need for a Project Priority System
A. Problem 1: The Implementation Gap
B. Problem 2: Organizational Politics
C. Problem 3: Resource Conflicts and Multitasking

3. A Portfolio Management System
A. Classification of the Project

4. Selection Criteria
A. Financial Criteria
i. Financial Models
B. Nonfinancial Criteria
i. Two Multi-Criteria Selection Models

5. Applying a Selection Model
A. Project Classification
i. Selecting a Model
B. Sources and Solicitation of Project Proposals
C. Ranking Proposals and Selection of Projects i. Responsibility for Prioritizing

6. Managing the Portfolio System
A. Senior Management Input
B. The Governance Team Responsibilities
C. Balancing the Portfolio for Risks and Types of Projects

7. Summary

Reference no: EM132550472

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