Project Vision Statement - Revision history

Christian Lund at 11:47, 16 March 2022

2022-03-16T11:47:54Z

← Older revision		Revision as of 11:47, 16 March 2022
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	== Application ==		== Application ==
	According to the PMI standard, there are 5 phases of project management <ref>What is Project Management?, https://www.pmi.org/about/learn-about-pmi/what-is-project-management</ref>.		According to the PMI standard, there are 5 phases of project management <ref>What is Project Management?, https://www.pmi.org/about/learn-about-pmi/what-is-project-management</ref>.
	These include (see figure 1): [[File:~~Success_venn_diagram~~.~~png~~\|thumb\|400px\|right\|Figure 1.]]		These include (see figure 1): [[File:demystifying-the-5-phases2.jpg\|thumb\|400px\|right\|Figure 1. The 5 phases of Project Management <ref>Demystifying the 5 Phases of Project Management, https://www.smartsheet.com/blog/demystifying-5-phases-project-management/</ref>]]
	*Conception and Initialization		*Conception and Initialization
	*Definition and Planning		*Definition and Planning

Christian Lund: Undo revision 115017 by Christian Lund (talk)

2022-03-16T11:46:36Z

Undo revision 115017 by Christian Lund (talk)

← Older revision		Revision as of 11:46, 16 March 2022
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	== Application ==		== Application ==
	According to the PMI standard, there are 5 phases of project management <ref>What is Project Management?, https://www.pmi.org/about/learn-about-pmi/what-is-project-management</ref>.		According to the PMI standard, there are 5 phases of project management <ref>What is Project Management?, https://www.pmi.org/about/learn-about-pmi/what-is-project-management</ref>.
	These include (see figure 1): [[File:Success_venn_diagram.png\|thumb\|400px\|right\|Figure 1. ~~The 5 phases of Project Management <ref>Demystifying the 5 Phases of Project Management, https://www.smartsheet.com/blog/demystifying-5-phases-project-management/</ref>~~]]		These include (see figure 1): [[File:Success_venn_diagram.png\|thumb\|400px\|right\|Figure 1.]]
	*Conception and Initialization		*Conception and Initialization
	*Definition and Planning		*Definition and Planning

Christian Lund: Undo revision 115015 by Christian Lund (talk)

2022-03-16T11:46:25Z

Undo revision 115015 by Christian Lund (talk)

← Older revision		Revision as of 11:46, 16 March 2022
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	== Application ==		== Application ==
	According to the PMI standard, there are 5 phases of project management <ref>What is Project Management?, https://www.pmi.org/about/learn-about-pmi/what-is-project-management</ref>.		According to the PMI standard, there are 5 phases of project management <ref>What is Project Management?, https://www.pmi.org/about/learn-about-pmi/what-is-project-management</ref>.
	These include (see figure 1): [[File:Success_venn_diagram.png\|thumb\|400px\|right\|Figure 1.]]		These include (see figure 1): [[File:Success_venn_diagram.png\|thumb\|400px\|right\|Figure 1. The 5 phases of Project Management <ref>Demystifying the 5 Phases of Project Management, https://www.smartsheet.com/blog/demystifying-5-phases-project-management/</ref>]]
	*Conception and Initialization		*Conception and Initialization
	*Definition and Planning		*Definition and Planning

Christian Lund: /* Application */

2022-03-16T11:44:39Z

Application

← Older revision		Revision as of 11:44, 16 March 2022
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	== Application ==		== Application ==
	According to the PMI standard, there are 5 phases of project management <ref>What is Project Management?, https://www.pmi.org/about/learn-about-pmi/what-is-project-management</ref>.		According to the PMI standard, there are 5 phases of project management <ref>What is Project Management?, https://www.pmi.org/about/learn-about-pmi/what-is-project-management</ref>.
	These include (see figure 1): [[File:Success_venn_diagram.png\|thumb\|400px\|right\|Figure 1. ~~The 5 phases of Project Management <ref>Demystifying the 5 Phases of Project Management, https://www.smartsheet.com/blog/demystifying-5-phases-project-management/</ref>~~]]		These include (see figure 1): [[File:Success_venn_diagram.png\|thumb\|400px\|right\|Figure 1.]]
	*Conception and Initialization		*Conception and Initialization
	*Definition and Planning		*Definition and Planning

Christian Lund: /* Application */

2022-03-16T11:44:03Z

Application

← Older revision		Revision as of 11:44, 16 March 2022
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	== Application ==		== Application ==
	According to the PMI standard, there are 5 phases of project management <ref>What is Project Management?, https://www.pmi.org/about/learn-about-pmi/what-is-project-management</ref>.		According to the PMI standard, there are 5 phases of project management <ref>What is Project Management?, https://www.pmi.org/about/learn-about-pmi/what-is-project-management</ref>.
	These include (see figure 1): [[File:~~demystifying-the-5-phases2~~.~~jpg~~\|thumb\|400px\|right\|Figure 1. The 5 phases of Project Management <ref>Demystifying the 5 Phases of Project Management, https://www.smartsheet.com/blog/demystifying-5-phases-project-management/</ref>]]		These include (see figure 1): [[File:Success_venn_diagram.png\|thumb\|400px\|right\|Figure 1. The 5 phases of Project Management <ref>Demystifying the 5 Phases of Project Management, https://www.smartsheet.com/blog/demystifying-5-phases-project-management/</ref>]]
	*Conception and Initialization		*Conception and Initialization
	*Definition and Planning		*Definition and Planning

KristofferGlahn: /* Abstract/Summary */

2019-03-04T17:55:20Z

Abstract/Summary

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			''Developed by Kristoffer Glahn''

	== Abstract/Summary ==		== Abstract/Summary ==
	Developing a vision and a vision statement is an important part of a project. But what is a vision statement and why should it be used? It is the aim of this article to investigate what a project vision statement is and what key elements that a Vision Statement has to contain in order to be both powerful and useful for a project. Furthermore, is it the intent with this article to examine the benefits and limitations of such a statement, as well as the project managers role in clearly communicating it. In order to investigate this, this article is based on information from the PMI standard concerning project management, as well as articles and other literature concerning vision statements in general and in projects. Furthermore, examples of vision statements are presented in this article in order to show how these statements can look in reality.		Developing a vision and a vision statement is an important part of a project. But what is a vision statement and why should it be used? It is the aim of this article to investigate what a project vision statement is and what key elements that a Vision Statement has to contain in order to be both powerful and useful for a project. Furthermore, is it the intent with this article to examine the benefits and limitations of such a statement, as well as the project managers role in clearly communicating it. In order to investigate this, this article is based on information from the PMI standard concerning project management, as well as articles and other literature concerning vision statements in general and in projects. Furthermore, examples of vision statements are presented in this article in order to show how these statements can look in reality.

KristofferGlahn: /* Conclusion */

2019-03-04T17:53:43Z

Conclusion

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	== Conclusion ==		== Conclusion ==
	This article describes how a vision statement is a description or declaration of what an organization/project team wants to obtain or accomplish in the future. A project vision statement is used to show the direction of the project and what the end goal is. It can be a guidance for employees and managers and be a source of inspiration, motivation, engagement and forward thinking. A project vision statement should be: concise, clear, oriented towards the future, time-bound, hold many possible solutions, challenging, motivating and inspiring. All organizations and projects can use and benefit from having a vision statement, although it might be more complicated in large and very complex projects. There are several benefits from having a vision statement, such as motivation and guidance for project teams, as well as inspiration for both internal and external project stakeholders. It is important that the vision statement is communicated to all project members, as well as changes made to it while the project is underway. However, the briefness of the statement means that it does not contain thorough details about how the project should be carried out or by whom. Nonetheless a ~~powerfull~~ project vision statement can have a large positive effect on a project and so it is essential that a project manager is aware of this.		This article describes how a vision statement is a description or declaration of what an organization/project team wants to obtain or accomplish in the future. A project vision statement is used to show the direction of the project and what the end goal is. It can be a guidance for employees and managers and be a source of inspiration, motivation, engagement and forward thinking. A project vision statement should be: concise, clear, oriented towards the future, time-bound, hold many possible solutions, challenging, motivating and inspiring. All organizations and projects can use and benefit from having a vision statement, although it might be more complicated in large and very complex projects. There are several benefits from having a vision statement, such as motivation and guidance for project teams, as well as inspiration for both internal and external project stakeholders. It is important that the vision statement is communicated to all project members, as well as changes made to it while the project is underway. However, the briefness of the statement means that it does not contain thorough details about how the project should be carried out or by whom. Nonetheless, a powerful project vision statement can have a large positive effect on a project and so it is essential that a project manager is aware of this.

	== Annotated bibliography ==		== Annotated bibliography ==

KristofferGlahn: /* Examples of Vision Statements */

2019-03-04T17:52:48Z

Examples of Vision Statements

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	Often several concepts of vision statements are made before the final version of the statement is chosen. Furthermore, the vision and thereby the project vision statement might change in the middle of the project, as discoveries and new insights are made. Therefore, the vision statement might need be altered along the way. Changing the vision statement however is not always easy and key stakeholders should be involved and agree on new changes.		Often several concepts of vision statements are made before the final version of the statement is chosen. Furthermore, the vision and thereby the project vision statement might change in the middle of the project, as discoveries and new insights are made. Therefore, the vision statement might need to be altered along the way. Changing the vision statement however is not always easy and key stakeholders should be involved and agree on new changes.

	== Benefits ==		== Benefits ==

KristofferGlahn: /* Examples of Vision Statements */

2019-03-04T17:52:20Z

Examples of Vision Statements

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	''“...to create the most compelling car company of the 21st century by driving the world’s transition to electric vehicles.”'' <ref>https://www.tesla.com/about</ref>		''“...to create the most compelling car company of the 21st century by driving the world’s transition to electric vehicles.”'' <ref>https://www.tesla.com/about</ref>
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	This was Tesla´s vision statement until 2016, when the company shifted towards other sustainable energy focus areas than just transport. Some of the new products that were created within these new ~~aras~~ included the company’s Powerwall and solar roof tiles <ref>Rowland, C., "Tesla, Inc.’s Mission Statement & Vision Statement" (2018), Panmore Institute, http://panmore.com/tesla-motors-inc-vision-statement-mission-statement-analysis</ref>. This statement also illustrates how brief a vision statement can be, while still being motivational and inspiring.		This was Tesla´s vision statement until 2016, when the company shifted towards other sustainable energy focus areas than just transport. Some of the new products that were created within these new areas included the company’s Powerwall and solar roof tiles <ref>Rowland, C., "Tesla, Inc.’s Mission Statement & Vision Statement" (2018), Panmore Institute, http://panmore.com/tesla-motors-inc-vision-statement-mission-statement-analysis</ref>. This statement also illustrates how brief a vision statement can be, while still being motivational and inspiring.

KristofferGlahn: /* Examples of Vision Statements */

2019-03-04T17:51:59Z

Examples of Vision Statements

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	There are many examples of vision statements made by companies that through projects, programs and portfolios aim at achieving their overall vision for the future <ref>Cascade, "100+ of the World's Best Vision Statements", https://www.executestrategy.net/wp-content/uploads/2016/06/100-of-the-worlds-best-vision-statements.pdf</ref>. One is from the American battery and ~~electrical~~ car manufacturer Tesla:		There are many examples of vision statements made by companies that through projects, programs and portfolios aim at achieving their overall vision for the future <ref>Cascade, "100+ of the World's Best Vision Statements", https://www.executestrategy.net/wp-content/uploads/2016/06/100-of-the-worlds-best-vision-statements.pdf</ref>. One is from the American battery and electric car manufacturer Tesla:

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