Center for Business Practices' 2006 Summit to Focus on Strategy and Projects; Event to run from December 5-7 at Caesar's Palace Las Vegas.

HAVERTOWN, Pa. -- Project management plays a critical role in executing an organizations' strategy and, therefore, ultimately in their overall success. Effectively aligning project management and strategy execution, however, remains a challenge.

This year's Center for Business Practices (CBP) Summit (December 5-7, Caesar's Palace Las Vegas,) will help project executives bridge this gap by providing cutting-edge best practices and lessons learned in integrating strategy, portfolio, program, project, and performance management from management thought leaders and knowledgeable senior practitioners. Designed for senior leaders, decision-makers, and those responsible for designing, implementing, or supporting project portfolios, the Summit will show attendees how successful organizations:

--Implement organizational processes and structures that are flexible, adaptive, and optimized for today's rapidly changing business environments

--Use management tools to measure the performance of strategy and project execution to improve that performance

--Clearly communicate strategic project performance throughout the strategic management chain, leading to sound decision making

--Link the project portfolio to the strategic planning process, focusing on achieving corporate strategies

--Create an enterprise program office to strategically govern the project lifecycle

--Integrate project and product development lifecycles to enable an effective business product strategy

--Effectively allocate resources leading to efficient project portfolio execution

The Summit's events include:

--Keynote Address by Art Kleiner, Editor-in-Chief of Strategy+Business Magazine.

--Best Practice Exchanges from leaders at GMAC, PepsiCo, Harvard Pilgrim Healthcare, and Wachovia Bank.

--Strategy & Projects Forum, facilitated by J. Kent Crawford, CEO of PM Solutions.

--Project Office Forum, facilitated by Dr. Jimmie West, Dean of the PM College.

--Products & Projects Forum, which features practitioners from top product companies who discuss the challenges and reveal their lessons learned.

--PMO of the Year: 2006 PMO of the Year Award winners will share their lessons learned in implementing and maturing the PMO that's the best in the business.

--Pre-Summit Workshops: In three half-day workshops, top faculty from the PM College will lead participants "Beyond the Project Office: Governance Best Practices," "Managing and Controlling Portfolio Performance," and "Designing and Building High-Performing Teams."

For more information and to register, contact the CBP toll-free at 877-813-5193 or visit www.cbpsummit.com. The CBP is offering a discount to organizations that register before November 4.

About the Center for Business Practices(R)

The Center for Business Practices (www.cbponline.com) is the research and publishing arm of the management consulting and training organization PM Solutions. For more information, visit http://www.cbponline.com/.

Editor's Note: Members of the media interested in attending the 2006 CBP Summit can contact Megan Maguire Kelly at 610-269-2100, ext. 225 or [e-mail] for a free registration.