Effective Project Management, 8th Edition

CHAPTER 3What Is Strategic Project Management?

CHAPTER LEARNING OBJECTIVES

After reading and discussing this chapter, you will be able to

• Understand the complex business environment and the evolving roles and responsibilities of complex project management within that environment.
• Discuss the Objectives/Strategies/Tactics model and how it links complex project management to the strategic plan of the enterprise.
• Have a working knowledge of the project landscape, the four types of projects that populate that landscape, and the ability to classify a project into the appropriate quadrant.
• Be able to explain the Enterprise Project Portfolio Model (EPPM).
• Know the complexity and uncertainty of management decision‐making within the EPPM.
• Understand the connection between projects and the need to maximize the return from effective resource utilization.
• Appreciate the constraining impact of resource dependencies on the scope and scheduling of projects, programs, and portfolios.
• Define the RASCI Matrix and see it as a foundation for understanding the actualization of the EPPM.

This chapter introduces the Enterprise Project Portfolio Management (EPPM) Model. A project‐based enterprise is not new, but what is new is a practical governance model for a project‐based enterprise. This is the first book to do so and it is introduced in this chapter.

Historically books on project management assume the existence of a project with little discussion of where that project came from; the business ...