TITLE

Characteristics of a Project-Friendly Enterprise

AUTHOR(S)
Rad, Parviz F.; Anantatmula, Vittal S.
PUB. DATE
June 2009
SOURCE
AACE International Transactions;2009, pPM.S02.1
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
In unsophisticated organizations, the enterprise strategic objectives have not been clearly defined, and the operational personnel are unclear as to what projects, and operational enhancements, would meet those objectives. Senior management would be compelled to oversee the implementation of these strategic objectives. The oversight process involves attending the review boards for the vast majority of projects, proposals, and portfolios. Ideally, the senior management should be directly concerned about the philosophy and concepts of strategic objectives, and not necessarily the means of achieving the philosophies that are articulated in the strategic statements. To that end, the senior management must have a detailed articulation or organizational strategic objectives, which in turn can be used by project personnel to align the projects or proposals to those strategies without direct intervention of the senior executives. This paper will describe the characteristics of an organization that facilitates, without direct involvement of senior management, the work of project teams, which will ultimately result in higher organizational profits.
ACCESSION #
48225953

 

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