Capital Project Management, Volume II

CHAPTER 1

Corporate Strategy and Capital Finance

Introduction

Volume I in this series addresses the comprehensive problem of corporate strategy using a project management approach, especially toward the development of a portfolio of capabilities. This chapter in this volume completes that theme toward addressing the capital project finance problem specifically. The pursuit of profitability cannot be correctly understood without discussing the corporate strategy and then, afterward, how that affects capital project planning and management. To begin, consider carefully the italicized terms in the following:

(Niu May 18, 2017).

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