Project Strategy Document

A project strategy document refers to the plan that must be formulated and accepted before starting any project. A project has certain goals and must be finished within a certain deadline within a particular amount of budget. In order to do that, there must be a specific strategy so that those goals are achieved without loss of time and money. A team must be created and a leader must be allotted who will be in charge of following all the rules. They must ensure that the stage by stage goals are met and send it to higher authorities for review process. There should also be a description of the risks involved with the project.

Sample Project Strategy Document:

Name of company: Red Brick Enterprises

Address: 922 Green Avenue, San Francisco

Document prepared by: Libby Dawson

Senior team member, Red Brick Enterprises

Document prepared on: April 10, 2012

Document submitted on: April 14, 2012

Document name: Project strategy for introducing appliances in store

Purpose: The purpose of this document is to present a strategy on how the store will modify its portfolio by introducing appliances besides only shoes and apparel in its stores

Other details:

  • Profit goals: A rise of 20% in profit
  • Project stages: One: Contractors will be selected for construction of new areas in the store

Two: Vendors will be shortlisted for supply of products

Three: Create a marketing plan

  • Project deadline: December 1, 2012
  • Project budget: $60,000
  • Project focus: To attract more customers and give competition to rival companies in the sector

Document approved and signed by: Dina Johnson

Manager, Lily Enterprises

Posted in Strategy Documents