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Foundations of Strategy and Project Management

Project Management

Why companies execute Projects?

Strategic Management

Strategic Management Process Steps

Role of Projects in Strategic Management Process

Strategy Translation and Outcomes

Translating Strategy into Project, Programs and Actions

Strategy Translation Examples

Project Outcomes

🎮 Crossword: Strategy Terminology

Project Selection Criteria

Project Selection Criteria – Financial Vs. Non-Financial

Financial Criteria

Nonfinancial Criteria

Multi-Criteria Selection Models

Checklist Model (Multi-Criteria Selection Model)

Multi-Weighted Project Evaluation Matrix (Multi-Criteria Selection Model)

Step 1: Define Criteria and Weights (0-3)

Step 2: Project Scores Table (1-10)

Step 3: Calculation of Projects Total Weighted Score

🎮 Pixel Quest: Project Selection Challenge

Organizational Context

Organizational Structures

Roles of Project Manager in different types of Organizational Structure

Lecture 2 Video

Lecture 2

Lecture 2 Slides

Knowledge Check

Strategy and Projects Quiz 1

Strategy and Projects Quiz 2

Strategy and Projects Quiz 3

Strategy and Projects Quiz 4

Strategy and Projects Quiz 5

Course Feedback


Learner Feedback

Strategic Project Management: Aligning Selection with Organizational Strategy is a practical, results-focused course that shows you how to turn strategy into action through the right projects. You will learn how strategy is formulated, how projects function as the vehicles of strategy, and how to select and prioritize initiatives that maximize value and competitive advantage. From foundations of project and strategic management to translating goals into programs, portfolios, and actionable plans, the course equips you with tools to choose the right projects—and stop the wrong ones. You’ll explore financial and non-financial selection criteria, build multi-criteria scoring models, and calculate weighted scores to compare alternatives objectively. You’ll also understand how organizational structures influence project authority, resource allocation, and the role of the project manager. Throughout, you’ll validate your understanding through interactive games and knowledge checks that reinforce key terminology and decision-making skills. By the end, you’ll be able to design transparent selection frameworks, align initiatives with strategic intent, and communicate project choices to executives and stakeholders with confidence.

PM Lecture 2: Strategic Project Management: Aligning Selection with Organizational Strategy

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            <p>Effective organizational success is not merely the result of high-level planning but the direct outcome of how well projects are aligned with a company's core strategy. This course explores the foundational relationship between strategic management and project execution, examining the fundamental reasons why organizations initiate projects and how the strategic management process dictates their direction. By understanding the methodology for translating broad corporate goals into specific programs and actionable tasks, professionals can ensure that every project outcome contributes meaningfully to the long-term vision and competitive advantage of the enterprise.</p>

<p>Beyond the theoretical alignment, this curriculum delves into the practical mechanics of project selection through both financial and non-financial lenses. Participants will master multi-criteria selection models, including the use of checklists and weighted project evaluation matrices, to objectively prioritize initiatives that offer the highest strategic value. Furthermore, the course examines the critical role of organizational context, analyzing how different corporate structures—from functional to matrix environments—impact the responsibilities of a project manager and the overall success of strategic implementation. Through interactive challenges and comprehensive knowledge checks, this course provides the tools necessary to bridge the gap between executive strategy and project-level execution.</p>
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