rewrite into one paragraph Strategic management also provides a structured approach to managing change within the organization, which is particularly beneficial for projects that involve significant changes in processes, systems, or structures. It ensures that projects are flexible enough to adapt to changes in the strategic environment, supporting the organization's ability to maintain or improve its competitive position. By encouraging innovation and aligning projects with long-term strategic goals, strategic management helps projects contribute to sustainable growth and a balanced scorecard of performance across financial, customer, internal process, and learning dimensions. In conclusion, strategic management is essential for project management as it ensures that projects are not only completed on time and within budget but also contribute meaningfully to the organization's long-term vision and strategic objectives. Through enhanced project alignment, optimized resource allocation, proactive risk management, and improved stakeholder engagement, strategic management strengthens the effectiveness and impact of project management, ensuring that projects support the organization's overall strategy and sustainable success