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The Four Actions Framework – For Strategic Project Managers

The Strategic Project Manager

Then it looks at how the framework can be applied in devising strategy, and managing project, programs, and portfolios. The Four Actions Framework, also known as the ERRC framework, is a ‘blue ocean’ strategic management tool introduced in the book “Blue Ocean Strategy” by W.

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How to Create a Strategy Map for Your Organization

ProjectManager.com

That is, they all develop strategic plans to achieve long-term goals to create value. If you’re unfamiliar with a strategic map, we’ll explain what it is and what is included in one. A strategy map is a simple graphic that illustrates the logical, cause-and-effect relationships between an organization’s strategic objectives.

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Tactical Planning: Creating a Tactical Plan for Your Business

ProjectManager.com

Tactical planning is the practical counterpoint to strategic planning, which describes the overall direction of an organization. It’s about execution and, therefore, critical to achieving your strategic goals. This concept is an important part of project portfolio management (PPM) and project management offices (PMOs).

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How to Build and Implement a Project Strategy

ProjectManager.com

Every project is different. Project strategy is the plan that defines a project, which is why project management strategy is so important. To better manage projects, one must clearly understand project strategy, who’s responsible for it in the organization and the steps to create a project strategy.

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Incentivizing Definition for the Strategic Project Manager

The Strategic Project Manager

Finally, it looks at the impact of incentives as a consideration in strategy and project management. In addition to incentives, some other related frameworks covered in this blog include: The McKinsey 7S Framework Model – Skills, staff, and style – essentially competencies – are among the 7 elements of this framework.

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What Is Organizational Strategy in Business? (Examples Included)

ProjectManager.com

It’s not only communicative but helps management develop strategic plans so the company can accomplish its goals. Our roadmap is a Gantt chart that visually represents all of your strategic goals and related projects, including the steps necessary to accomplish them. Let’s explore those three levels below.

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The Importance of Operational Project Management for Businesses

ProjectManager.com

Some projects are done internally within an organization. This is called operational project management. To better understand operational project management requires defining what an operational project is, how it differs from strategic projects and what operational project management is.