Project Managers (PMP) Basics: Business Strategy Alignment to Project Management
Business Strategy & Alignment to Project Management
-
Upload
jonathan-donado -
Category
Business
-
view
2.107 -
download
4
Transcript of Business Strategy & Alignment to Project Management
![Page 1: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/1.jpg)
JONATHAN DONADO
Strategy Alignment to Project Management
PMI & ASP Linkedin.com/in/jonathandonado
March 23rd 2016
![Page 2: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/2.jpg)
1. The Basics 2. The Alignment 3. Questions
PMI & ASP
![Page 3: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/3.jpg)
What is a Strategy ?
![Page 4: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/4.jpg)
![Page 5: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/5.jpg)
… an Art
![Page 6: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/6.jpg)
Let’s start by defining what it isn’t a Strategy
![Page 7: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/7.jpg)
SOME COMMON MISTAKES:
Be #1 in our market ….Pursue a global expansion….Have unmatched customer
service….etc
![Page 8: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/8.jpg)
STRATEGY is NOT:
a TACTIC an OBJECTIVE or a GOAL a DESCRIPTION
![Page 9: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/9.jpg)
Strategy is a common buzzword:
![Page 10: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/10.jpg)
Where does the word strategy come from?
![Page 11: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/11.jpg)
From the Greek word “Strategos” = The art of the
general
![Page 12: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/12.jpg)
Strategy can be found in the book “The ART of WAR”
by Sun Tzu (from 500 BC)
![Page 13: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/13.jpg)
![Page 14: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/14.jpg)
Today, Business is seen
as a modern
day war….
![Page 15: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/15.jpg)
…challenges of a CEO are similar to an ancient General
![Page 16: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/16.jpg)
…a CEO needs to define a set of tactics to lead to
business “victory”
![Page 17: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/17.jpg)
How do we know what it is our strategy? How do we make one?
![Page 18: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/18.jpg)
A Google Search
provides the following
formal results
![Page 19: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/19.jpg)
?
So … is it a surprise we have misunderstandings about
business strategies?
![Page 20: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/20.jpg)
Or …. why do great strategies have no impact on the
organization?
?
![Page 21: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/21.jpg)
To blame: 1. A strategy that isn’t well defined?
… or 2. A lazy execution?
?
![Page 22: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/22.jpg)
A large proportion of failure is due to Strategy
definition and not in
the execution
![Page 23: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/23.jpg)
Strategy needs to influence Action…. So, in order to influence
Action, it needs to be Remembered….
![Page 24: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/24.jpg)
In order for a strategy to be Remembered…. It needs to be
Understood…
![Page 25: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/25.jpg)
In order to be Understood… a strategy needs to be SIMPLE
(if not it is a just a report)
![Page 26: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/26.jpg)
So, a Strategy needs to be: 1. Remembered 2. Understood
3. Simple
![Page 27: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/27.jpg)
Business Components
![Page 28: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/28.jpg)
Overview
Where are we going? The future. The dreams.
Who are we as a company? What we do. Why we exist. Our purpose. Values.
What are going to do to achieve our objectives? How are we going to get there?
Vision
Mission
Strategy
![Page 29: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/29.jpg)
Example: Business
Canadian
Intellectual Property
Office
https://www.ic.gc.ca/eic/site/cipointernet-internetopic.nsf/eng/wr03475.html
![Page 30: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/30.jpg)
Example: Mission
Vs Vision
From a philosopher
![Page 31: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/31.jpg)
Example: Strategy
vs Tactics
• Planning • Large Scale • Why • Difficult to Copy • Long Term
Frame
• Doing • Small Scale • How • Easy to Copy • Short Term
Frame
![Page 32: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/32.jpg)
Example: Strategy
vs Tactics
![Page 33: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/33.jpg)
So… Business
Strategy in simple terms
![Page 34: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/34.jpg)
A BUSINESS STRATEGY answers 2 questions:
1. How firms create value 2. How firms sustain value
![Page 35: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/35.jpg)
What is Value ?
What Customers are willing to pay What It cost the Company to produce it VALUE
![Page 36: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/36.jpg)
A Survey Says…
![Page 37: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/37.jpg)
70% of employees don’t understand their company strategy
Forbes “When CEOs Talk Strategy, 70% Of The Company Doesn't Get It”, 2013
![Page 38: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/38.jpg)
To make sure all employees understand the Business Strategy,
we need to make sure that it clarifies the following:
![Page 39: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/39.jpg)
1. Why Customers buy our products?
Need to Clarify Key Drivers
![Page 40: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/40.jpg)
Drivers to increase
revenues or lower cost are defined by Strategy
1. Key Drivers
![Page 41: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/41.jpg)
1. Key Drivers
Who are the people that make out target market ?
![Page 42: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/42.jpg)
1. Key Drivers
Value proposition
to differentiate our products:
1. Product Differentiation 2. Cost Reduction
![Page 43: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/43.jpg)
2. Identify Critical Challenges
![Page 44: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/44.jpg)
2. Challenges
Internal or External. Need to define top 3 to 4
obstacles to focus attention
![Page 45: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/45.jpg)
2. Challenges: Internal
What capabilities do we need to be the best in the market at delivering our value proposition ?
![Page 46: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/46.jpg)
2. Challenges: External
- What is the competition doing? - How is the market evolving? - Etc
![Page 47: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/47.jpg)
2. Key Drivers
Strategy Formulation
![Page 48: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/48.jpg)
2. Key Drivers
Strategy Formulation
![Page 49: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/49.jpg)
2. Key Drivers
Strategy Formulation
Porter 5 Forces
![Page 50: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/50.jpg)
3. Determine Must-Win Battles
![Page 51: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/51.jpg)
3. Must-Win Battles
Define battles that a company needs to win in the next 2 to 3 years to
overcome obstacles to value creation
![Page 52: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/52.jpg)
Why do
companies with good strategies
fail ?
![Page 53: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/53.jpg)
Not too many
known names
Let’s take the DOW JONES. It started in 1896. The companies were:
![Page 54: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/54.jpg)
Some names
unknown
DOW JONES 1976. The companies were:
![Page 55: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/55.jpg)
Only GE remains since 1st
Index
DOW JONES 2016. The latest group as of March 21 2016
![Page 56: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/56.jpg)
FAILURE ? Companies
need to balance current
strategies with the
discovery of new ones
The “Strategy Trap” for successful companies:
Exploitation Get cash for growth
Exploration Find new wining products business models
![Page 57: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/57.jpg)
FAILURE because
overtime as Companies
focus more on
Exploitation
The Strategy Trap for successful companies:
![Page 58: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/58.jpg)
FAILURE overtime.
Companies focus
more on exploitation
1 / 3 firms become trapped in just a 5 year period
Exploitation
Exploration
![Page 59: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/59.jpg)
FAILURE overtime.
Companies focus
more on exploitation
7 / 10 firms can’t escape the trap
Exploitation
Exploration
![Page 60: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/60.jpg)
Business Strategy:
Takeaways:
![Page 61: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/61.jpg)
Business Strategy
Takeaways
1. a Strategy defines how the company creates and sustains value
![Page 62: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/62.jpg)
Business Strategy
Takeaways
2. a Strategy has to be remembered, understood and be simple
![Page 63: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/63.jpg)
Business Strategy
Takeaways
3. a Strategy fails because companies focus on mainly in Exploiting instead or Exploring
![Page 64: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/64.jpg)
1. The Basics
2. The Alignment 3. Questions
PMI & ASP
![Page 65: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/65.jpg)
Between high level Vision/Strategy and in-the-trenches project
implementation, we need to bridge the gap
![Page 66: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/66.jpg)
![Page 67: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/67.jpg)
The PMO delivers 2 main areas of improvement to the organization:
1. Helps choose the right projects 2. Helps deliver the projects correctly
![Page 68: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/68.jpg)
Project Expectations:
The projects are expected to be delivered meeting:
1. Budget 2. On Time And …
![Page 69: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/69.jpg)
The projects are expected to be: 1. On Budget 2. On Time 3. Synchronized with
strategy
Otherwise, it is a waste of company’s resources
(human capital and $$)
Project Expectations
![Page 70: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/70.jpg)
But less than 42% of organizations report NO high alignment of
projects to strategy PMI “The High Cost of Low Performance”, 2014
![Page 71: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/71.jpg)
Fact
90% of Senior Executives report that Executing Strategic initiatives are critical for the company’s competitive advantage ( 2013 The Economist Intelligence Unit report)
![Page 72: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/72.jpg)
Facts
Senior Executives report that: - 61% struggle with the execution of those
strategies - Only 56% of strategic initiatives are
successful ( 2013 The Economist Intelligence Unit report)
![Page 73: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/73.jpg)
Why there is no alignment ? That’s where the PMO comes in
PMI “The High Cost of Low Performance”, 2014
- Strong PMO
- No PMO (large firms)
- Not a strong PMO
![Page 74: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/74.jpg)
1. If company lacks uniform management and oversight processes
2. Leadership has hard time gathering information about the project progress and results
3. Project goals are not aligned with business goals
An Organization will benefit from a PMO:
Business Unit PMO
Project Specific PMO
Enterprise PMO
![Page 75: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/75.jpg)
No Alignment
Factors with PMO office
1. Internal Factors: No top support, resources, talent, etc
2. External factors: constant change, volatile markets, competitors, etc
![Page 76: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/76.jpg)
1. If company lacks uniform management and oversight processes
2. Leadership has hard time gathering information about the project progress and results
3. Project goals are not aligned with business goals
An Organization will benefit from a PMO:
Business Unit PMO
Project Specific PMO
Enterprise PMO
![Page 77: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/77.jpg)
TOP DOWN APPROACH: Recipe for Success
1. Have Leadership buy-in 2. Executive team needs to engage PMO in
Strategic Planning 3. PMO needs to report to C-level
(Forrester Research found in those case the PMO is highly successful)
![Page 78: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/78.jpg)
PMO: The RIGHT TALENT
High performance vs Low Performance PMO: 1. 2x more likely to succeed as they have people
with the right talent (technical and business) 2. 1/3 more like to succeed as they have the
adequate number of people
(The Project Management Office Report. PMI 2014)
- General Business Acumen - Leadership - Decision Making - Financial/Cost Control
![Page 79: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/79.jpg)
MEASURING RESULTS
Right Procedures + Right Talent = Results 1. Need to measure 2. Look beyond simple project metrics: scope/
budget / schedule. Look for: • Customer Satisfaction • Delivery time • Etc
![Page 80: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/80.jpg)
Alignment Takeaways
1. The main way to bridge the gap between strategy and project execution is the PMO
2. PMO needs to have the support of the company’s leadership to succeed: Top Down Approach
3. PMO needs people with business acumen and measure other factors on top of project metrics.
![Page 81: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/81.jpg)
1. The Basics 2. The Alignment
3. Questions
PMI & ASP
![Page 82: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/82.jpg)
15
Question #1
PMI & ASP
Are there any more resources (books, web sites, etc.) on the topic?
![Page 83: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/83.jpg)
Best Strategy Books
![Page 84: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/84.jpg)
Websites
![Page 85: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/85.jpg)
15
Question #2
PMI & ASP
Are there other popular Agile methodologies in practice especially in
the Chicago land besides Scrum?
![Page 86: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/86.jpg)
15
Question #3
PMI & ASP
As a case study, looking at Yahoo, where did program and project
managers fail or was this more a corporate strategy failure?
![Page 87: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/87.jpg)
15
Question #4
PMI & ASP
Can we share some tools that help keep things aligned with the
organizational strategy?
![Page 88: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/88.jpg)
Aligning Strategy to Execution: Balance Scorecard
BALANCE SCORECARD Robert Kaplan HBS in 1990s
What you measure is what you get
![Page 89: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/89.jpg)
Aligning Strategy to Execution: Balance Scorecard
BALANCE SCORECARD Robert Kaplan HBS in 1990s
What you measure is what you get
![Page 90: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/90.jpg)
Aligning Strategy to Execution: Balance Scorecard
BALANCE SCORECARD
![Page 91: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/91.jpg)
Aligning Strategy to Execution
Robert Kaplan &
Norton 2008. They present their management system, which houses six sequential stages intended to help organizations capture what they call an “execution premium”—a measurable increase in value derived from successful strategy execution. They outline six stages in this system: 1. Develop the strategy 2. Plan the strategy 3. Align the organization 4. Plan operations 5. Monitor and learn 6. Test and adapt http://www.amanet.org/training/articles/What-Is-Strategy-Execution.aspx
![Page 92: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/92.jpg)
15
Question #5
PMI & ASP
Do you determine strategy first and project management is the tool that
helps you manage the projects to complete the strategy?
![Page 93: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/93.jpg)
Strategy >>> Implementation (PM)
http://www.amanet.org/training/articles/What-Is-Strategy-Execution.aspx
![Page 94: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/94.jpg)
15
Question #6
PMI & ASP
Do you have a strategy development template?
![Page 95: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/95.jpg)
Strategy > Business Model Canvas
http://www.peterjthomson.com/2013/11/value-proposition-canvas/
By Alexander Osterwalder “Business Model Generation”
![Page 96: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/96.jpg)
15
Question #7
PMI & ASP
Does all strategies include projects and the underlying management of them?
![Page 97: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/97.jpg)
15
Question #8
PMI & ASP
Does project management have any influence on strategy?
![Page 98: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/98.jpg)
15
Question #9
PMI & ASP
How can I get a PMO started in a company where I am the only PMP
certified person?
![Page 99: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/99.jpg)
Strategy > PM Influence
https://www.pmi.org/~/media/PDF/Publications/PMI-Pulse-Impact-of-PMOs-on-
Strategy-Implementation.ashx
![Page 100: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/100.jpg)
15
Question #10
PMI & ASP
How can the PMO get a stronger voice into the 'C' level suite if not property
represented through the Organizational Chart ?
![Page 101: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/101.jpg)
Strategy > PMO Voice
https://www.pmi.org/~/media/PDF/Publications/PMI-Pulse-Impact-of-PMOs-on-
Strategy-Implementation.ashx
![Page 102: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/102.jpg)
15
Question #11
PMI & ASP
How can we best bridge strategy and project management ?
![Page 103: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/103.jpg)
Strategy > PM Bridging the Gap
http://www.herbrubenstein.com/articles/Implementation.pdf
COMMUNICATION
TOOLS: BALANCE SCORECARD
FORMULATION: SIMPLE STRATEGY
PMO
![Page 104: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/104.jpg)
15
Question #12
PMI & ASP
How did you become interested in the topic being discussed?
![Page 105: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/105.jpg)
Strategy > Personal Interest comes from
EXPERIENCE
ROLES
INTEREST
EDUCATION
POST-GRAD
MASTERS
COLLEGE
RESPONSABILITIES
![Page 106: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/106.jpg)
15
Question #13
PMI & ASP
How do projects get chosen to align with new strategies?
![Page 107: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/107.jpg)
Strategy > Project Selection for Strategy
http://www.techrepublic.com/blog/tech-decision-maker/prioritize-projects-to-align-
with-strategic-plan-116516/
FUNDS (MONEY)
PRIORITIZE
EQUIPMENT
PEOPLE
Company resources are
limited /scarce
Need a project selection and
priority system to ensure strong link between projects and the strategic
plan
![Page 108: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/108.jpg)
15
Question #14
PMI & ASP
How do we ensure that projects we've taken on are still delivering the
business value that was promised in the business case?
![Page 109: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/109.jpg)
Strategy > Delivery Business Value
http://https://www.mindtools.com/pages/article/newPPM_58.htm/
BUSINESS VALUE
1. Continuous support from
SPONSOR
2. Realistic Project
Requirements
3. Measuring ongoing results
4. Feedback / Communication
To continue to deliver business value is critical
that the following occur:
![Page 110: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/110.jpg)
15
Question #15
PMI & ASP
How do you balance Strategy and resource loading?
![Page 111: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/111.jpg)
Strategy > Resource Loading/Allocation
http://www.techrepublic.com/blog/tech-decision-maker/prioritize-projects-to-align-
with-strategic-plan-116516/
Strategic Planning: Resource allocation begins at strategic planning when a company formulates its vision and goals for the future. The vision and strategic goals are accomplished through achievement of objectives.
Budgeting: Once you have set your objective, you will need to allocate sufficient resources to accomplish it. In practical terms, this is often a matter of project budgeting.
![Page 112: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/112.jpg)
15
Question #16
PMI & ASP
How do you define a business strategy?
![Page 113: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/113.jpg)
Strategy > Definition
“Business Strategic” is the direction/path and scope of an organization over the long-term: which achieves advantage for the organization through its configuration of resources within a challenging environment, to meet the needs of markets and to fulfil stakeholder expectations".
![Page 114: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/114.jpg)
15
Question #17
PMI & ASP
How do you ensure benefit realization is tracked consistently and accurately?
![Page 115: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/115.jpg)
15
Question #18
PMI & ASP
How do you get executives to be more transparent with the PMO with regards to the business strategy? It seems PMO
tends to be that last to know.
![Page 116: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/116.jpg)
Strategy > Management to Support PMO
https://www.pmi.org/~/media/PDF/Publications/PMI-Pulse-Impact-of-PMOs-on-
Strategy-Implementation.ashx
THE IMPACT ON PMOS ON STRATEGY IMPLEMENTATION: Conclusions
![Page 117: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/117.jpg)
15
Question #19
PMI & ASP
How do you get more funds for resources? Best methods?
![Page 118: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/118.jpg)
15
Question #20
PMI & ASP
How do you manage project and strategy integration cross culturally?
![Page 119: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/119.jpg)
Strategy > Cross Culture Project Management
Time Orientation
Individualism
Communication
Project Manager shall be culturally sensitive and promote creativity and motivation through flexible leadership. The PM needs to promote an environment of cross-cultural communication with respect and understanding of differences among team members.
Main Challenges:
https://www.gwu.edu/~umpleby/recent_papers/2009%20PMI%20Anbari%20Cultural%
20Differences.pdf
![Page 120: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/120.jpg)
15
Question #21
PMI & ASP
How do you use the tools discussed at your job?
![Page 121: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/121.jpg)
Strategy > Tools Used
https://www.gwu.edu/~umpleby/recent_papers/2009%20PMI%20Anbari%20Cultural%
20Differences.pdf
Tool Used: Business Plans, SWOT, Business Model Canvas, Balance Scorecard, Porter 5 Forces, McKinsey 7s
![Page 122: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/122.jpg)
15
Question #22
PMI & ASP
How does one get to be empowered to say 'no' to a project, without hiding
behind process ?
![Page 123: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/123.jpg)
15
Question #23
PMI & ASP
How does one put an end to pet projects that do not align to the mission/vision of the company ?
![Page 124: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/124.jpg)
15
Question #24
PMI & ASP
How is the growth of Agile project management impacting strategic
planning?
![Page 125: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/125.jpg)
15
Question #25
PMI & ASP
How much does the PMO influence either or both (agile project
management & strategic planning)?
![Page 126: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/126.jpg)
15
Question #26
PMI & ASP
How much involvement in the strategy from external PM? (6 months contract)
![Page 127: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/127.jpg)
15
Question #27
PMI & ASP
How should change of strategy be communicated to all shareholders?
![Page 128: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/128.jpg)
15
Question #28
PMI & ASP
How to effectively communicate strategy up, down and across the
organization?
![Page 129: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/129.jpg)
15
Question #29
PMI & ASP
How to identify the most effective project management methodology for
a project?
![Page 130: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/130.jpg)
15
Question #30
PMI & ASP
How to measure cost of risk for your project ?
![Page 131: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/131.jpg)
15
Question #31
PMI & ASP
I have seen a lot of divestment by formerly large companies, e.g., HP,
Abbott, and parts are being sold off. Does strategy come first before
projects, programs and portfolios ?
![Page 132: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/132.jpg)
15
Question #32
PMI & ASP
I majored in MIS, specializing in IT project management. While I have a little PM
experience from past work experience I have never been a real PM. How do I get
started towards a true PM career ?
![Page 133: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/133.jpg)
15
Question #33
PMI & ASP
If I gave you a laptop to plan your next project, what software would you want
on it?
![Page 134: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/134.jpg)
15
Question #34
PMI & ASP
I'm interested to hear about the alignment of strategy with PM
![Page 135: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/135.jpg)
15
Question #35
PMI & ASP
In a large organization, how can a PMO do a better job to help facilitate project
selection/prioritization across departments?
![Page 136: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/136.jpg)
15
Question #36
PMI & ASP
In an acquisition situation, when 2 cultures are radically different, what type of turnover would be expected?
![Page 137: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/137.jpg)
15
Question #37
PMI & ASP
In the arena of IT, much focus is on new/shiny features that will advance
strategic objectives. How can we help the business to understand the
importance of underlying ?
![Page 138: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/138.jpg)
15
Question #38
PMI & ASP
Is having a $ value or cost avoidance the only true measures of aligning projects with business strategy ?
![Page 139: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/139.jpg)
15
Question #39
PMI & ASP
Is it always necessary to have a strategy defined around a project or is
it enough just to have scope and deliverables ?
![Page 140: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/140.jpg)
15
Question #40
PMI & ASP
Is it still project or maybe program management already ?
![Page 141: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/141.jpg)
15
Question #41
PMI & ASP
Is there a recommended framework for aligning strategy with performance ?
![Page 142: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/142.jpg)
15
Question #42
PMI & ASP
Does this question of strategy and projects differ in large organizations
versus start-ups ?
![Page 143: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/143.jpg)
15
Question #43
PMI & ASP
I just want to get a high level background on Strategic & Business
![Page 144: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/144.jpg)
15
Question #44
PMI & ASP
Please explain your experience in expressing the value of PM's to upper
management.
![Page 145: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/145.jpg)
15
Question #45
PMI & ASP
Project Management in the Federal Government
![Page 146: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/146.jpg)
15
Question #46
PMI & ASP
Project with PMO role in it, and without
![Page 147: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/147.jpg)
15
Question #47
PMI & ASP
Recommendations for newly certified PMPs looking for work ?
![Page 148: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/148.jpg)
15
Question #48
PMI & ASP
Share your few thoughts on best business practices for Global Business
Management
![Page 149: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/149.jpg)
15
Question #49
PMI & ASP
Should each team possess own strategy?
![Page 150: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/150.jpg)
15
Question #50
PMI & ASP
Should project strategy be dictated by the shareholders or recommended by
the project manager ?
![Page 151: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/151.jpg)
15
Question #51
PMI & ASP
Should a strategy be bottom up or top down ?
![Page 152: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/152.jpg)
15
Question #52
PMI & ASP
Since many functions tend to become siloed over time, what steps can a PM
take to insert themselves into the strategy conversation ?
![Page 153: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/153.jpg)
15
Question #53
PMI & ASP
Tools and ideas ?
![Page 154: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/154.jpg)
15
Question #54
PMI & ASP
What are common techniques to align PMO objectives with corporate
strategies ?
![Page 155: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/155.jpg)
15
Question #55
PMI & ASP
What are some techniques to verify strategic and project alignment ?
![Page 156: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/156.jpg)
15
Question #56
PMI & ASP
What are some ways to communicate that projects are not aligned properly
to affect change ?
![Page 157: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/157.jpg)
15
Question #57
PMI & ASP
What are successful efforts you have used to integrate project management
efforts into strategic development efforts ?
![Page 158: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/158.jpg)
15
Question #58
PMI & ASP
What are the major stumbling blocks to align strategy with project
management ?
![Page 159: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/159.jpg)
15
Question #59
PMI & ASP
What are the ramifications of misalignment ?
![Page 160: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/160.jpg)
15
Question #60
PMI & ASP
What are the ways that portfolio management aligns company's project
management practices with its corporate objectives ?
![Page 161: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/161.jpg)
15
Question #61
PMI & ASP
What are ways to view a list of strategic initiatives ?
![Page 162: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/162.jpg)
15
Question #62
PMI & ASP
What characteristics needed of a PMO leader ?
![Page 163: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/163.jpg)
15
Question #63
PMI & ASP
What is the best example of a project well aligned with strategy that you have led? How did that alignment
affect the project outcome ?
![Page 164: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/164.jpg)
15
Question #64
PMI & ASP
What is the difference between tactical and strategic ?
![Page 165: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/165.jpg)
15
Question #65
PMI & ASP
What is the fastest growing PM methodology ?
![Page 166: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/166.jpg)
15
Question #66
PMI & ASP
What mechanisms do you recommend to address outcomes when project managers are contractors and no
longer at the company ?
![Page 167: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/167.jpg)
15
Question #67
PMI & ASP
When would a project be chartered that does not align with the strategy
and why ?
![Page 168: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/168.jpg)
15
Question #68
PMI & ASP
Where have you seen project management efforts fail during
strategic initiatives ?
![Page 169: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/169.jpg)
15
Question #69
PMI & ASP
Would this vary between Waterfall and Agile environments ?
![Page 170: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/170.jpg)
15
Question #70
PMI & ASP
Wouldn’t your company’s business strategy dictate whether or not to
initiate a project ? (internal or external clients)
![Page 171: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/171.jpg)
15
PMI & ASP
THANK YOU
By Jonathan Donado
![Page 172: Business Strategy & Alignment to Project Management](https://reader033.fdocuments.us/reader033/viewer/2022052915/58f9a796760da3da068b5b6e/html5/thumbnails/172.jpg)
15
Contact Info
Linkedin.com/in/jonathandonado
Thank You
www.branded.me/jonathandonado