Project management has never been more complex. The pace of work today, an increasingly competitive environment, growing demands from clients, and downward pressure on project margins, has made it significantly more challenging to deliver project-based work efficiently and profitably.
Traditionally, project management has focused on the operational, day-to-day aspect of project delivery. For example, “Was this project delivered on time, on budget, and did it meet project performance goals?” This is no longer sufficient. It has become a requirement to approach project management in a more strategic fashion. According to PMI, “strategic project management” is defined as the alignment of business processes, resources, initiatives, and technologies with overall company-wide strategy and vision.
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