Most projects do not meet their expected business goals even if they are completed on time and on budget. The presentation argues that project teams need to focus more on strategic alignment and delivering business value rather than just meeting schedules and budgets. It recommends that project managers develop a clear problem statement and value proposition upfront, and define project outcomes and benefits in a business case to better link project work to organizational strategy and goals. Taking a more strategic approach will help ensure projects are delivering the expected value and benefits to stakeholders.