Clarity Glossary for Project and Portfolio Management

Strategic Planning

Strategic planning defines the long-term goals and initiatives of a company.

Explanation

In strategic planning, organizations define the goals they aim to achieve in the coming years and the actions required to reach them.

Market trends, organizational resources and future developments are taken into account.

Strategic planning forms the foundation for investments, projectsProjectA project is a temporary initiative with clearly defined objectives, resources, and a specific outcome. and priorities within a company.

Synonyms and Abbreviations

  • Strategy Planning: Planning of long-term organizational goals.Corporate
  • Corporate Strategy: Long-term direction of a company.

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