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Strategic mgt. process applied to project managemt
Pages 60 (15060 words)
The Execution Premium Process (XPP) applied to Programme Management for Performance and Results Enhancement In any effort towards enhancement of systems or processes, success is largely a function of the understanding that change is a necessary adjunct of improvement (Langley, et al., 2009).
31). Execution Premium Process (XPP) is the solution proposed by Kaplan and Norton (2008). This paper will, thus, venture to ascertain the viability of applying XPP to programme management to enhance organisational performance. The Execution Premium Process or XPP is a comprehensive and integrated management system which combines strategy formulation, planning, and operational execution (Kaplan and Norton, 2008). Program management on the other hand refers to the coordinated management of a selection of projects in order to attain benefits which are deemed strategically important for an organisation (Reiss, 2006). XPP is comprised of six stages: (1) strategy development; (2) strategy planning; (3) organization alignment; (4) operations planning; (5) monitoring and learning; and (6) strategy testing and adaptation. This system was developed due to a need for a framework to which various strategy and operational management tools could be utilized (Kaplan & Norton 2008; Shelldrake, 2011). ...
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