userbest.com userbest.com
   Index Page :> About Us :> Security & Privacy :> ToS :> Add Url :> Submit Article
Search:   
Add URL
 

Online & Board Games

Shopping & Auction

Business & Services

Healthcare & Treatment

News & Media

Entertainment

Property & Estate

Outdoor & Sports

Computers & Software

Fashion & Lifestyle

Eating & Drinking

Travel & Vacation

Teens & Kids

Science & Research

Self Enhancement

Home Family & Garden

Academics & Education

Vehicles & Automotive

People & Communities

Creative Arts

Jobs & Employment

Health & Hygiene

Investment & Finance

Government & Politics


 

Index Page –› Business & Services –› Business Planning & Strategy
 

Program Management and Strategy Alignment (2)

 

Author: Hans Bool

When your company is dealing with more than one project and this occurs for the larger companies, you face the challenge to align these projects with the main strategy.

How do you make this happen?

The main ingredients of program management are the portfolio of projects and the definition of a shared goal. Management of this portfolio requires a mechanism where you allocate resources (human, systems and infrastructure) over the various projects. Where project management is much to do about managing risk, program management is more about managing benefits; those that contribute most in achieving the strategy.

Some of the frequent program management issues are:

  • Conflict in resource allocation. Different project share the same resources.
  • Different projects have different and changing business priority and therefore different levels of commitment. This is felt in the resource allocation: Over-allocation in the committed project, under-allocation in the lower priority projects.
  • Scope changes of the individual projects because of internal organization issues or external market driven issues.
  • Conflicting demands from the different sponsors of the projects in the program.
  • The various project sponsors have their own view on requirements and goals of the overall program (and strategy).

Some of these issues can be solved or controlled by a program management method (like the Managing Successful Programs MSP method). A method like the MSP or like Prince in an individual project level will solve quality issues, timing, planning and many other issues. But these methods are not involved with the content.

So what you additionally need is a method or way in which you can manage strategic content. Strategic content is information about the strategy that is made explicit and that is translated into concepts that is easy to communicate. In the same way you can communicate about the performance of the strategy. This could be done by introducing a Balanced Score Card and introducing indicators that measure what you have defined as strategic.

2006 Hans Bool

Author Bio:

Hans Bool

Hans Bool has worked for many companies in many countries in different (mainly) management positions.

Recently he started Astor White. A company that offer a new approach in management advice and consulting.

You can also reach this article by using: strategic business planning, business strategy, small business planning
 
 
 

Related Articles

 
Attitude Insurance
 
Online MLM Business is Not Bad at All
 
Tips to Energize Your Presentations
 
Creating Organizational Values
 
Entrepreneur Marketing Advice
 
How to Negotiate When the Other Person Tells You that They Don't Have the Authority to Decide
 
Mirror, Mirror On The Wall
 
Freelancers, SubContractors & Creative Folks: Stop Going to Networking Events and Get More Business
 
MLM Training- 5 HUGE Mistakes Made in Network Marketing Recruiting
 
How To Turn $100,000 Into $1,191,817 In Just One Year Part II
 
 
 
 

Press Release System for Free Advertising

Get your small business featured in big time publications - Jim Degerstrom
 

Telecommuting: Info or Intox?

One of the innovations brought by these technologies -and in front of which we are still perplexed a ... - Gamra Zenaidi
 

GOT MEME? How to Attract Your Clients' and Customers' Attention

No "meme" isn't a typo and Got Milk, the more commonly know phrase, is actually a marketing meme. If ... - Charlie Cook
 
 

Mortgage Marketing: The Power of Positioning

Does your marketing produce weekly calls from different Realtors begging to use your services? If no ... - Jeffrey Nelson
 

Work at Home Series - Part 3: Know Your Credit

Many thousands of home-based business startups have started with very little money. In fact, most ar ... - Peter Engelbrecht
 

Self-Serve Checkouts Force Retailers To Rethink Merchandising

The use of self-serve checkouts continues to grow at an astronomical rate. Last year consumer spendi ... - Rick Weaver
 

Network Marketing - Why Lead With The Opportunity?

In the world of network marketing and MLM 99.9% of all companies and company leaders tell you how mu ... - Terry Duff
 

Add Value To Your HR Practice

This article is dedicated to HR practitioners (like me). Let's talk about how we can become our comp ... - Rey Misoles
 
 
   Index Page :> Security & Privacy :> ToS
© 2006-2008 www.userbest.com All Rights Reserved Worldwide.