CS615

Software Project Management
Assignment # 01
Fall 2010
                                                               Marks: 20
Due Date
Your assignment must be uploaded before or on 29th
 October 2010.

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Assignment:

Q. 01  Choice elements are found in the theory and practice of strategic management and
provide the performance standard by which enterprise resources are identified,
selected, committed for the growth and survival of the organizational process and
future products. Discuss the key choice  elements for the strategic management
that are important building blocks in the design and implementation of the
strategies for the enterprise’s future.

Q. 02  Discuss the planning limitations in formal strategic planning?  (At least five)

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Limitations of Strategic Planning
Strategic Planning should not be viewed as a guarantee to future success. Strategic Planning has limitations, such as following:

1. Strategic Planning is not a way of making future decisions. There is no way anyone can predictfuture. Strategic Planning provides overall guidance and direction based on what we think will happen.

2. Strategic Planning is not a blueprint forfuture. There are too many changes taking place - marketplace is changing, customer preferences are changing, new competition, new technologies, new opportunities, declining financial condition, etc. Strategic Planning is a dynamic process, which is receptive to change.

3. Strategic Planning cannot resolve critical situations threatening organization. Strategic Planning will not get you out of a crisis. Organization should be stable before engaging in strategic planning.

4. Strategic Planning should not replace good intuitive judgments. If an organization is lucky enough to have good intuitive thinkers, then exercise extreme care before embarking on formal strategic planning. You do not want to destroy intuitive thinking within organization.


*Here are some of the choice elements of an organization.*
*
*
*Please try to look these element into some strategic management notes or
books.*
*I know these might confuse you that what are these doing with project
managements but these are the basic fundamentals. *
*
*
*Try to write few lines on these topics.*
*

*vision*
*mission*
*Goals*
*objectives*
*Strategies*
*Projects*
*operational plans* 
 
  

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