[...]... International Institute for Learning 9755.Frontmatter 10 / 31/ 00 9:40 AM Page xv S T R AT E G I C PLANNING FOR PROJECT M A N AG E M E N T U S I N G A PROJECT M A N AG E M E N T M AT U R I T Y M O D E L 9755.ch 01 10/ 31/ 00 9:42 AM Page 1 1 The Need for Strategic Planning for Project Management INTRODUCTION For more than 40 years, American companies have been using the principles of project management to get... the benefits that project management can provide to their “bottom line,” the need for strategic planning for project management has been identified as a high priority This book is broken down into two major parts The first part, Chapters 1 to 3, discusses the principles of strategic planning and how it relates to project management The second part, Chapters 4 to 10 , details the project management maturity... that were project- driven, those that were non project- driven, and hybrids Knowledge concerning the benefits project management offered now permeated all levels of management Project management came to be recognized as a process that would increase shareholder value This new knowledge on the benefits of project management allowed us to 1 9755.ch 01 10/ 31/ 00 9:42 AM Page 2 2 THE NEED FOR STRATEGIC PLANNING. .. reap the benefits of project management Some do not yet recognize the benefits of or need for strategic planning for project management Others recognize its importance but simply lack expertise in how to do it In either event, strategic planning for project management is a necessity STAKEHOLDERS Given the fact that project management is no longer seen as just a quantitative tool for the employees, but... Process Standards Team-Fly® 9755.Frontmatter 10 / 31/ 00 9:40 AM Page xi Preface Excellence in project management cannot occur, at least not within a reasonable time frame, without some form of strategic planning for project management Although the principles of strategic planning have been known for several decades, an understanding of their applicability to project management is relatively new Today, as more... required text for graduate courses on research methods in project management In addition, the book can be used as an introduction to research methods for project xi 9755.Frontmatter 10 / 31/ 00 9:40 AM Page xii xii PREFACE management benchmarking and continuous improvement, as well as providing a brief overview of how to design a project management methodology Seminars on strategic planning for project management. .. programs on various project management subjects, are available by contacting Lori Milhaven, Vice President, at the International Institute for Learning, ( 212 ) 758- 017 7, extension 512 1 Contact can also be made through the Web site, Iil.com Harold Kerzner International Institute for Learning 11 0 East 59th Street New York, NY 10 022 -13 80 9755.Frontmatter 10 / 31/ 00 9:40 AM Page xiii Introduction Projects are critical... strategic planning and project management, as well as the relationship between them The relationship between project management and strategic planning can best be seen from Figure 2 1 Historically, a great deal of emphasis had been placed on strategic formulation with little emphasis on strategic implementation Now companies were recognizing that the principles of project management could be used for. .. project management methodology is in place 11 9755.ch02 10 / 31/ 00 9:42 AM Page 12 12 IMPACT OF ECONOMIC CONDITIONS ON PROJECT MANAGEMENT TABLE 2 1 EFFECTS OF THE 19 89 19 93 RECESSON ON THE IMPLEMENTATION OF PROJECT MANAGEMENT Factor Prior to the Recession After the Recession Strategic focus Organizational structuring Long-term To get closer to customers Management focus Short-term To secure power, authority,... that the assessment instruments for each level of maturity can be customized for individual companies This customization opportunity makes Strategic Planning for Project Management Using a Project Management Maturity Model highly desirable as a required or reference text for college and university courses that require the students to perform an individual or group research project The book should also . Conditions of Project Management 11 Introduction 11 Historical Basis 11 3 Principles of Strategic Planning 15 General Strategic Planning 15 What Is Strategic Planning for Project Management? 16 Executive. Improvement 14 7 Project Management Competitiveness 14 8 11 Special Problems with Strategic Planning for Project Management 15 1 Introduction 15 1 The Many Faces of Success 15 2 The Many Faces of Failure 15 3 Training. STRATEGIC PLANNING FOR PROJECT MANAGEMENT USING A PROJECT MANAGEMENT MATURITY MODEL 9755.Frontmatter 10 / 31/ 00 9:40 AM Page i This Page Intentionally Left Blank STRATEGIC PLANNING FOR PROJECT