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What's the most efficient way to deliver a strategic goal? Explain why and provide a scenario related to an Air Force project. Strategic objectives are
What's the most efficient way to deliver a strategic goal? Explain why and provide a scenario related to an Air Force project.
Strategic objectives are most effectively met through rigorous project and program management. " The most effective way to do this is through a portfolio that measures that value, delivered by the execution of projects and programs. " Creating this connection between strategy and delivery is a critical factor in the overall success of an organization. " In his PMI article, "Delivering Business Value," Mark Phillipy talks about the five steps project managers follow to ensure they are delivering business value: " Understand the vision " Be clear about the business value or the project " Evangelize the vision and the business value to the project team " Foster a team environment to effectively deliver value " Measure the realization of the business valueStrategic Delivery Through Projects and Programs Steps to Delivering Business Value Step 5 Step 4 Value-Based Project Delivery Step 3 Step 2 Measure PROJECT Step 1 Evangelize Foster the SELECTION PRE PLANNING MANAGEMENT the Vision a team realization Be clear and environment of the Business business about the to effectively value Understand Business Value deliver Filter 1 Filter 2 Filter 3 Filter 4 Filter 5 Project Execution The Value to the value Vision of the project project team Proposal Interview Prioritization Cost Pre-Award & Risk Reporting & Evaluations Key Personnel (Identify Reasonableness Clarification Close Out Rating Best Value) Check Image source: https://www.pmi.org/learning/library/delivering- business-value-9378 ... .. Strategic Initiatives Business trategy Benefits Realisation Strategic Portfolio Evoluation Criteria Pre Award Activities Management - Price / Cost / Fee - Training Project Execution Outcomes - Project Capability Short List Total Evaluation Logic check to - Kickoff Meeting . Weekly Risk Report Program Architecture Change Architecture Risk Assessment prior to Scores are confirm Selection of - Planning & - Director Report Program Delivery . Value Added Interviews determined the potential Best Management Clarifying - Performance Meas. - Past Performance (if necessary) Value Proponent - Summary Meeting - Close Out Ratings Outputs Information (PPI) Project Management mage source: http://slideplayer.com/slide/4058350/ Image source: https://www.stakeholdermap.com/project-management/ advantages-projects-and-programs.htmlStep by Step Solution
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