CHAPTER 5THE STRATEGIC CONTEXT OF PROJECTS1

“Many of us are like the little boy we met trudging along a country road with a cat-rifle over his shoulder. ‘What are you hunting, buddy?’ we asked. ‘Dunno, sir, I ain’t seen it yet.’”

R. LEE SHARPE

5.1 INTRODUCTION

An emerging conviction among those professionals who do research on, publish, and practice project management is the belief that projects are building blocks in the design and execution of organizational strategies. An ongoing and competitive organization has a “stream of projects” flowing through the organization that support changes in operational and strategic initiatives.

In this chapter, the strategic relationship of projects to organizational purposes will be considered. A project ...

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