Strategic Fit to Prioritize Projects

Strategic Fit
Knowledge Center

 

Next Topic

Strategic Fit > Forum

Nismy, Student (MBA), Qatar
Strategic Fit to Prioritize Projects
I was told by one of my colleagues that "Strategic Fit" should be one of the main criteria to use to prioritize projects (besides Risk, Technical Complexity, Economic Value, etc.) So according to my understanding, "strategic fit" could also refer to how well a proposed project fits with the planned direction (strategy) of the organization. Could anyone clarify this for me. And can anyone recommend a tool for such assessment of a project's strategic fit? Highly appreciated! (...) Read more? Sign up for free

Please register now to read all responses and to join this discussion yourself. It's easy and 100% free.

Sign up for free     Log in


  Jaap de Jonge, Editor, Netherlands
 

Strategic Fit of Projects

Good question. If you read the summary of "Strategic Fit" on 12manage, you can see the term is used in various disciplines to analyze the match between a broad range of objects:
- In strategy, to describe if and to what extent a strategy of a firm matches the external environment of the firm.
- In M&A, to indicate to what extent 2 parties of a merger are fitting together.
- In project management, to express the extent to which a project matches the strategy if a firm.
It really depends on the field the term is used in and the 2 objects of the fit. There is no "100% universal accepted truth" in defining this term.

 
More on Strategic Fit
Summary
Forum
🔥How to Maintain Strategic Fit over Time?
How to Achieve Strategic Fit?
Strategic Fit to Prioritize Projects
Best Practices
🥇Strategic Fit versus Strategic Stretch
🥈Strategic Fit is Like a Tailor Made Suit
Special Interest Group Leader

Are you an expert in Strategic Fit? Sign up for free


Strategic Fit
Knowledge Center

 

Next Topic



About 12manage | Advertising | Link to us / Cite us | Privacy | Suggestions | Terms of Service
2020 12manage - The Executive Fast Track. V15.6 - Last updated: 1-10-2020. All names of their owners.