PM586 Week 2 Discussion Project Scope and Schedule

Note: Read the DQ carefully as you are required to answer several parts to one question. Ensure your response is a minimum of 200 words and include two in text citations from two different sources:
• Strategy is an important part of project management and business decisions. Define strategy and describe in detail the steps involved in selecting the best strategy for a given situation. Share an example of a company that executes strategy well and a company that has struggled in this area. What did the two companies do differently?