project management glossary

strategic plan

 The target plan prioritized by critical total float from the current schedule.

strategic projects

 Projects that are tightly tied to company mission, vision, values and objectives, and that depend heavily on high-level coordination and influence management to achieve their goals. See also General Project Alignment, Product and Market-Related Projects, Capital Expansion Projects, and Operational Projects.

strategic risk

 Any risk event which has serious or catastrophic consequences even though the probability of occurrence may be quite low.

strategic systems plan

 A plan devoted to the long term evolution of corporate systems in support of its business.

strategy

 A framework guiding those choices that determine the nature and direction to attain the objective.