What is a Project Management Strategy?
A Project Management Strategy outlines the steps and actions that will be taken to successfully complete a project. It includes the goals and objectives of the project, the resources needed, and a timeline for completion. A Project Management Strategy helps ensure that a project stays on track and meets its objectives.
What's included in this Project Management Strategy Template?
- 3x Focus Areas
- 9x Objectives
- 9x Projects
- 18x KPIs
Who is this Project Management Strategy Template for?
This Project Management Strategy Template is designed for leaders and teams from organizations who are looking to create a plan for successfully completing a project. It is suitable for teams of any size and can be customized to fit the specific needs of your organization.
How is this Project Management Strategy Template relevant to your organization?
Having a clear and comprehensive Project Management Strategy is essential for the success of any project. This template provides a structured approach to defining the scope and objectives of your project, coordinating team efforts, and monitoring progress. By using this template, your organization can increase the chances of delivering a successful project on time and within budget.
1. Define clear examples of your focus areas
A focus area is a particular viewpoint that groups certain requirements set out by an organization. A recommendation from the Cascade team would be to create 4-5 key focus area which you feel are most important to address when creating your Project Management Strategy. The next step would be to ask yourself: Why is this focus area important to me? What is the benefit of focusing on this viewpoint from a customer's perspective? And, of course, What is the monetary benefit of investing in such a focus area? This process is useful in identifying the key area which needs prioritization which in turn can become focus areas of the strategy.
For example, the focus areas in this Project Management Strategy Template are: Project Planning; Project Execution; and Project Closing.
2. Think about the objectives that could fall under that focus area
A strategic objective usually has to be specific and measurable to cause enough impact and effectively explain what you want to achieve.
An example objective that could fall under the focus area of Project Planning could be: Define project scope and objectives.
3. Set yourself measurable targets (KPIs) to tackle the objective
A KPI is a key performance indicator that is measurable and evaluates the success rate of an organization in relation to the task at hand. KPIs can be very industry-specific or broad and applicable across multiple industries.
An example of a KPI in this Project Management Strategy Template associated to the objective Define project scope and objectives could be: Increase the number of stakeholders identified to 10.
4. Implement related projects to achieve the set KPIs
Projects are ways in which the objective can be achieved, but more so, closely tie in with ways in which organizations can make sure they are working towards their KPIs.
A project example for the objective Define project scope and objectives could be: Conduct stakeholder analysis and create project charter.
5. Utilize Cascade Strategy Execution Platform to see faster results from your strategy
Make sure your strategy is front and center with Cascade. You can plan, execute, measure and adapt your strategy in one easy-to-use platform and make sure your strategic plan is connected to on-the-ground execution.
Use this Project Management Strategy Template and launch your strategy in Cascade; it's $0 forever.