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GM 591 NC A&T Strategic Project Planning Key Factors Discussion

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Xngnylfg1911

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Business Finance

Course

GM 591

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North Carolina Agricultural and Technical State University

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GM

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I’m studying for my Business class and need an explanation.

Topic 2: Strategic Project Planning – Key Factors

Project planning is an essential phase performed by the project team to ensure the optimal resources are assigned to the project. The resources include people, capital, equipment, and technology. Project planning is a rational determination of how to initiate, execute, control, and close a project.

Leaders must ensure projects are aligned with the mission and vision of the organization. By doing so, the work is tied to organizational strategy. For projects to succeed, the project team must define the scope and conduct risk management. From your research, what are the results of poor project planning? Please incorporate an example when discussing this topic. HINT: Consider scope creep.

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Tags: risk management Organizational Strategy Strategic Project Planning

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Running head: STRATEGIC PROJECT PLANNING: KEY FACTORS

Strategic Project Planning: Key Factors
Student’s Name
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Course Number and Name
Instructor’s Name
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STRATEGIC PROJECT PLANNING: KEY FACTORS

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Strategic Project Planning: Key Factors
One of the results of poor project planning is project failure. Project planning ensures the
project scope is clearly articulated and defined (Larson & Larson, 2009). When project planning
is inadequat...

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