Does your project fit into the ‘Golden Thread?’

I recently met a person who worked in a company that operated its project management via the “Golden Thread” = strong and clear links back to the strategic agenda. 

I was told about the rules:

  1. Does the idea/project link back to the strategic objectives? If yes, then develop a business case and apply the companies project management approach to the project.
  2. No fit? Stop any activity (if there has been any) immediately. Formally reject the project
  3. If it links into the overall objectives and the business case is approved then project management governance rules apply

It works for them! 

So, does your project fit the golden thread?

 

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