Strategic Planning

Overview

Project Strategy and its planning is a process which defines the Vision, gives a shape to the vision, to :conceptualize, structurize, it as a project, and derive the results to that of a Visible outcome which is the end result of the Vision.

In any project stake holders are
  • Common Citizens
  • The Beneficiaries of the project and its outcome
  • Businesses having dependency on the project
  • Government Ministries, Departments, Agencies
  • Union Leaders, Community Leaders, Politicians
  • Investors, and the whole of community as a whole.
Strategic Planning

Through Industry information the decision makers can know the supply and demand situation. Research Analysts have a wider role than previously recognized by helping their clients to understand social, technical, and even legal aspects of markets. A strategic plan is generally a road map to lead an organization from its present state to its desired medium or long term future state, and specifies the mission, vision, goals, strategies and objectives.

Strategic Planning Process involves
  • Analyzing the present environment –SWOT (Strengths, Weaknesses,Opportunities, Threats)
  • Providing a vision statement
  • Refining vision into goals
  • Determining strategies using the outcomes of SWOT analysis and specified goals
  • Formulating concrete and measurable objectives from strategies
  • Communicating and reviewing the strategic plan

A plan for the development of the project specifying, among other things, the vision, goals, milestones, concrete initiatives, priorities, challenges and enabling policies for the project's outcome as a whole. A sound strategy is essential for any project initiative to succeed Strategy provides the roadmap for transforming a governance system into the desired state through rigorous project management support Strategy must have the support of all major stakeholders of the project.

Strategic Planning Process invloves
  • Analyzing the present environment –SWOT (Strengths, Weaknesses,Opportunities, Threats)
  • Providing a vision statement
  • Refining vision into goals
  • Determining strategies using the outcomes of SWOT analysis and specified goals
  • Formulating concrete and measurable objectives from strategies
  • Communicating and reviewing the strategic plan
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