Introduction to the PM Toolbox
Russ J. Martinelli, Dragan Z. Milosevic · 2015
The project management (PM) Toolbox serves a higher purpose: to increase efficiency of the project players, to provide the right information to support problem-solving and decision-making processes, and to help establish and maintain alignment among business strategy, project strategy, and project execution outcomes. PM tools include procedures, techniques, and job aids by which a project deliverable is produced or project information is created. The essence of business strategy lies in devising ways to create both short-term and long-term growth and sustainability for an enterprise. There are three major steps namely, secure strategic alignment, customize the PM toolbox and improve continuously, each including several substeps, in constructing and adapting a PM Toolbox for specific projects or a project organization. The toolbox improvement team is usually part of the process team responsible for designing and managing project processes.