Explain what strategic planning for project management

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Reference no: EM13741976

Explain what strategic planning for project management is according to Kerzner. Include an explanation of how it relates to the five project management processes prescribed by the PMBOK® Guide.

Initiation - Authorizing the project.

Planning - Defining and refining the objectives (gleaned from the requirements). Select the best of the alternative courses of action to attain the objectives that the project was undertaken to address.

Execution - Coordinating people and other resources to carry out the plan.

Control - Ensuring that project objectives are met by regularly monitoring and measuring progress to identify variances from the plan so that corrective action can be taken when necessary.

Close - Formal acceptance of the project or phase and bringing it to an orderly end.

Then consider one of the case study companies from pages 188-191 of the Kerzner text on strategic planning in action. Explain how this example will help you in your analysis of your project audit.

Reference no: EM13741976

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