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Translating Corporate Strategy into Project Strategy: Realizing Corporate Strategy Through Project Management by Ashley Jamieson, Peter Morris

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Business Models

Two of the companies used business models that are equivalent to the McKinsey model outlined in the literature (Chapter 1). These top-level frameworks were used to manage the activities of all the business units of the companies concerned and included strategy management, portfolio management, and program and project management processes.

The aerospace company had a very powerful business process model in which program management (and project strategy) played a prominent part. The international transportation company also had a strong business process model, though project management had a more diminished role. The pharmaceutical company had a process model that was dominated by the drug development process. (This is not the ...

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