Linking Project Management with Business Strategy

Recognition of the strategic importance of project management (PM) in the corporate world is rapidly accelerating. One reason for this acceleration may be a strong belief by business leaders that aligning project management with business strategy can significantly enhance the achievement of organizational goals, strategies, and performance. However, empirical literature that offers advice on how to achieve this alignment is scanty. Many companies are suffering from misaligned projects and a lack of a systematic approach to align project management with the business strategy. Although projects are the basic building blocks of organizational strategy in many companies, project management is not often recognized as a functional strategy and is rarely perceived as a business process, making the achievement of a project management /business strategy alignment even more difficult.