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Essay text:
Pm is ideally suited to the business environment where product lead times are constantly being trimmed down, due to the rapid increase in global competition.
In the recent past, the general consensus in business was that strategic business and project management were two different disciplines. Strategy deals with the how’s of a business, how will it make profit? How will it grow? How will it attract new customers? By its nature PM is results orientated, it is how the strategy objectives are achieved. Today a new discipline is being employed, Strategic Project Management.
The first step in implementing a pm system is to align this style of management with the companies overall business strategy...
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