MANGT 575 Prospective Students
Sample Syllabus
Sample Lesson
Introduction
2.2 Definition of Terms
2.3 Corporate Strategy and the Management of Projects
Another Perspective on the Strategy Puzzle
The Strategy Puzzle and Projects
2.4 Portfolio Management
Portfolio Management Continued
An Example of Portfolio Management
An Example in Portfolio Management Continued
Keys to Successful Project Portfolio Management
Problems with Implementing Portfolio Management
Project Selection Procedures – A Cross-Industry Sampler
Lesson 2 Activities

The Strategy Puzzle and Projects

A third way of visualizing the Strategy Puzzle, as it relates to projects, is shown in Figure 8.2.3.  Again, the key to understanding this puzzle is to observe that, unlike the Figure shown above, in this puzzle we directly link projects to our overall corporate strategic mission.  Thus, this final figure most directly demonstrates that projects offer a fundamental means for attaining strategic objectives.  Further, however, as the puzzle shows, it is imperative that we understand that this complementarity must operate across our portfolio of projects; each of which should demonstrate linkages to each other (the idea of “leverage”) while contributing to our overall goals. It is this complementarity that often drives the development and organization of a firm’s portfolio of projects.

figure 3

Figure 8.2.3 – The Strategy Puzzle and Projects