Strategic project management

Issue: № 5/2, 2022

Doi: https://doi.org/10.37634/efp.2022.5(2).3

Introduction. Strategic project management is a promising area of research. It has been proven that project management teams need to learn to work with business aspects, better maintain business strategy and stability. The purpose of the paper is to study the theoretical and methodological principles and scientific and methodological approaches to strategic project management. Results. It is stated that one of the concepts of strategic project management is project strategy. The project strategy should be a multifaceted structure that can help organizations and managers to initiate, plan and implement a project with the intention of achieving business results and long-term sustainability. Elements of the project strategy are not fixed. For many projects, they may appear and change during project development. The structure is stable enough to contain sufficient recommendations for project developers and provides sufficient flexibility that can be adjusted during the learning and project development process. The scheme of components of project strategy on the basis of model 5 "P" of Minzberg is constructed. The elements of the project strategy for the three "P" are analyzed: perspective, position, plan. Conclusion. To promote project management as a strategic activity with the clear goal of creating competitiveness for organizations, the concept of project strategy must be clear, defined, formulated, managed. It is also necessary to continue research on the perception of senior management in the implementation of the project strategy. This includes research into implementation problems, limitations and shortcomings of the project strategy. Another possible area of research is the study of the relationship between the sponsor's strategy and the project strategy, the study of whether it is always desirable to agree on a project strategy and business strategy. These studies should further improve the concept of project strategy in order to make it more applicable to the dynamics of modern organization.

Keywords : strategy, project, management, efficiency, productivity

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