Strategic Decision Making Research Paper by Neatwriter

Strategic Decision Making
This discussion investigates strategic decision-making in project management organizations, focusing on the World Bank and UNESCO.
# 62276 | 25,514 words | 45 sources | MLA | 2005 | US

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The research explores how corporations or organizations make strategic decisions in project management. The investigation focuses on organizations such as the World Bank and UNESCO providing a comparison of these two entities. Tje paper explains how the World Bank makes special use of the project life cycle which is composed of eight phases: Country assistance strategies, identification, preparation, appraisal, negotiation and board approval, implementation and supervision, implementation and completion and evaluation. It shows how the World Bank relies on various strategies and the board of directors in the decision making process. On the other hand, the paper explains how UNESCO relies on the general conference and the bureau of strategic planning to make decisions for the organization. Project management is specialized for each project. It also includes an objective and goal for each aspect of the organization. A SWOT analysis is made for both organizations. The discussion focuses on the key factors involved in making decisions. The research indicates the importance of feasibility studies for both organizations and the success of the projects that have been implemented. The literature review discusses project management, product management, benchmarking, strategic marketing and other components of strategic planning. In addition, the research investigates strategic decision-making as it relates to human resources including team training and the characteristics of a project manager. The strategies and marketing aspects of the organizational strategies are also investigated. Finally, the discussion focuses on future studies in areas of strategic decision-making and project management.

Executive Summary
Chapter I
Introduction of Topic
Chapter II
Comparison of the World Bank (International Bank) and UNESCO
On What Basis do Corporations or Companies Make Strategic Decisions in Project Management?
World Bank (International Bank)
Strategic Decision-Making and Project Management
SWOT Analysis
Limited Scope of Operations
Conclusion (World Bank)
Strategic Decision Making
Natural Sciences
Information Systems and Communication
Social and Human Sciences
SWOT Analysis
Conclusion (UNESCO)
Man-made Limitations
Seasonal Factors
Institutional Factors
Comparison of Feasibility Studies between the World Bank and UNIDO
Successfulness of Projects
Chapter II Conclusion
Chapter III
Literature Review
Strategic Management
Project Management and Strategic Decision Making
Project Management
Strategic Decision Making
Project Managers and Project Teams
The Role of Product Innovation and Development
Strategic Marketing and Planning
Chapter III Conclusion
Chapter IV Future Studies
Future Studies
Chapter IV Conclusion
Chapter V
Discussion& Conclusion

From the Paper:

"Strategic Decision Making has long been a part of the corporate culture. The need for strategic decision-making became evident after World War II; this will be discussed in detail in the literature review. Strategic decision-making is also essential because most organizations are now using project teams to complete certain tasks. Therefore, the ability of managers to make strategic decisions is important. In recent years, project management has become increasingly more popular. In addition, the importance of strategic decision-making has become more prominent. The development of new ideas and concepts has led many organizations to seek out project managers to implement the new innovative projects properly. There is evidence to suggest there is a shortage of project managers, which is a reflection of the changing corporate environment. To combat this shortage of project managers many business schools have begun to offer specializations in project management."

Cite this Research Paper:

APA Format

Strategic Decision Making (2005, November 19) Retrieved August 08, 2022, from

MLA Format

"Strategic Decision Making" 19 November 2005. Web. 08 August. 2022. <>