By the time you finish this unit you should be able to:
- Understand how effective project management contributes to achieving strategic objectives.
- Recognize three components of the corporate strategy model: formulation, implementation, and evaluation.
- See the importance of identifying critical project stakeholders and managing them within the context of project development.
- Recognize the strengths and weaknesses of three basic forms of organizational structure and their implications for managing projects.
Understand how companies can change their structure into a “heavyweight project organization” structure to facilitate effective project management practices.Identify the characteristics of three forms of project management office (PMO).
Understand key concepts of corporate culture and how cultures are formed.
Recognize the positive effects of a supportive organizational culture on project management practices versus those of a culture that works against project management.