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 shos 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. Outline Abstract Executive Summary Chapter I Introduction of Topic Introduction Background Conclusion Chapter II Comparison of the World Bank (International Bank) and UNESCO Introduction 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 Strengths Weaknesses Limited Scope of Operations Opportunities Threats Conclusion (World Bank) UNESCO Strategic Decision Making Education Objectives Natural Sciences Information Systems and Communication Objectives 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 UNIDO Successfulness of Projects Chapter II Conclusion Chapter III Literature Review Introduction 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 Creativity Benchmarking Strategic Marketing and Planning Chapter III Conclusion Chapter IV Future Studies Introduction Future Studies Chapter IV Conclusion Chapter V Discussion& Conclusion Introduction Discussion Conclusion References