10.3. Business Objective Development Processes: Model #2

The second stage of most business planning models and of the PBM methodology model is to develop the business objectives that support each business strategy and then to identify, document, and authorize the project-related portfolios, programs, and projects that will be employed to accomplish each objective. The implementation of each objective is managed, monitored, and closed when completed or terminated. The business objective development processes are shown in Table 10-3.

Table 10-3. PBMM Business Objective Development (Tactical Planning)–Model Processes
Objective Initiating Processes (A)Objective Planning Processes (B)Objective Executing Processes (C)Objective Monitoring & Controlling ...

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