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Components of Strategy
Strategy has four basic components:Scope: which refers to the position the firm wants to have in relation to its environment.
Resource deployment indicates how the organization intends to allocate resources.
Competitive advantage is the specification of what advantage(s) the firm holds relative to competitors and
Synergy is the extent to which various businesses within the firm can expect to draw on one another.
What is the best way to learn ITTOS?
o Is the business problem that the project addresses clearly defined? o Is the list of stakeholders (ie people affected) by the project complete and correct? o Is the scope o
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numericals
o Does the iteration plan identify a high level objective? o Is the objective consistent with the highest priority requirement of the project? o Are work items identified spe
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