Strategic and Business Plan for a Project Environment

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Development of a strategic/business plan for a Project Managed organisation

OBJECTIVE: To clearly identify the Strategic & Business Planning Process for a Project Managed Organisation

Benefits and Outcomes:

  • Stakeholders are consulted during all phases of the process.
  • Stakeholders take ownership for outcomes.
  • The Business Plan is implemented against a schedule with assigned responsibilities for action.

The process for planning and implementing a Strategic Plan involves:

  • Meeting with the convenor and the executive to determine the needs and requirements for development of the Strategic Plan and signing a contractual agreement.
  • Compile a Project Management Plan (PMP) for the initiative and have it endorsed.
  • Conduct a Strategic Search Conference with related stakeholders.
  • Compile a Report on Proceedings.
  • Compile a Draft Strategic Plan and distribute for amendment/agreement.
  • Complete the Strategic Plan by defining those activities listed as operations and projects.
  • Define responsibilities for each.
  • Agree on project teams and brief them on the priority development of PMPs.
  • Compile a completion report for the convenor and executive.
  • Note: the executive usually requests a business and marketing plan to be completed as the next phase.

The process for developing and implementing a Business Plan involves:

  • Meeting with the convenor and the executive to determine the needs and requirements for development of a Business Plan and sign a contractual agreement.
  • Compile a Project Management Plan (PMP) for the initiative and have it endorsed.
  • Compile a Strategic Plan (see BPPM Product Sheet No 12) if not already completed.
  • Conduct a Business Planning Conference/Meeting to confirm the framework, initiate concepts and assign responsibilities for collecting data.
  • Compile the Business Plan by conducting:
    - Business Analysis
    - Analysis of Products, Services and Clients
    - Analysis of the Market
    - Analysis of the Competition
    - Summarising results of a SWOT analysis
    - Write the Plan.
  • Endorse the Plan and implementation by way of a PMP.
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