The Nexus Between Strategy and Program & Project Management

In a nutshell

• Strategy is the ultimate goal of any organization, and program & project management is one way to achieve it.
• Aligning strategy and program & project management is essential for delivering value, enhancing performance, and creating impact.
• There are many challenges and opportunities for aligning strategy and program & project management in the current global context.

Strategy is the ultimate goal of any organization. It defines the vision, mission, values, and objectives of the organization, and how it intends to create value for its customers, stakeholders, and society. Strategy is not a static or fixed plan, but a dynamic and adaptive process that responds to changing conditions and opportunities.

Program & project management is one way to achieve strategy. It is the application of knowledge, skills, tools, and techniques to plan, execute, monitor, control, and close programs and projects that deliver specific outcomes or benefits. Program & project management is not a one-size-fits-all approach, but a tailored and flexible method that adapts to the needs and characteristics of each program or project.

Programs and projects fit into the overall organization strategy

Aligning strategy and program & project management is essential for delivering value, enhancing performance, and creating impact. When strategy and program & project management are aligned, they support each other and create a positive feedback loop that increases the effectiveness and efficiency of both. Aligning strategy and program & project management also ensures that the programs and projects are aligned with the strategic objectives and priorities of the organization, and that they contribute to the value creation and social impact of the organization.

Challenges & Opportunities

There are many challenges and opportunities for aligning strategy and program & project management in the current global context. The world today is characterized by complexity, uncertainty, change, collaboration, innovation, and social responsibility. These factors pose many difficulties for aligning strategy and program & project management, such as dealing with multiple stakeholders, managing risks and uncertainties, communicating effectively, avoiding scope creep, cost overruns, and delays, and creating social value. However, these factors also offer many possibilities for aligning strategy and program & project management, such as leveraging diverse perspectives, learning from failures, embracing agility, fostering creativity, and making a difference.

As a strategy advisor at WYLDE International, I work with #programmanagers #projectmanagers #ceo #businessleaders #executives #developmentorganizations #donororganizations and #implementingpartners to help them align their strategy and program & project management. I use various concepts and frameworks of strategy and project management to help them analyze desired outcomes, competitive environment, identify their sources of value creation and differentiation, define their strategic objectives and priorities, plan their programs and projects accordingly, execute them efficiently and effectively, monitor their progress and performance, control their quality and risks, close them successfully, and evaluate their outcomes and impact.

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