Businesses often face significant challenges when it comes to ensuring that projects align with organizational strategy. In order to overcome this challenge, a certain level of project management maturity is needed. Read the article “How Can the Trade Off Between Corporate Business Strategy and Project Risk Be Optimized?” (Sheykh, Azizi, Sobhiyah, 2013) located in the University of Arizona Global Campus Library. Then, write a paper discussing the following:

• Explain how project and portfolio management relate to organizational strategy and risk management.
• Explain the rationale behind an organization keeping a diverse project portfolio.
• Discuss the project management maturity level an organization would likely have to achieve in order to successfully build a project portfolio that would align with organizational strategy, while managing risk.

The Organizational Strategy, Project Risk, and Project Management Maturity assignment

• Must be 900-1200 words in length (not including title and references pages) and formatted according to APA style as outlined in the Writing Center (Links to an external site.).
• Must include a separate title page with the following:
  • Title of paper
  • Student’s name
  • Course name and number
  • Instructor’s name
  • Date submitted
• Must use at least two scholarly sources in addition to the course text.
  • The Scholarly, Peer Reviewed, and Other Credible Sources (Links to an external site.) table offers additional guidance on appropriate source types. If you have questions about whether a specific source is appropriate for this assignment, please contact your instructor. Your instructor has the final say about the appropriateness of a specific source for a particular assignment.
• Must document all sources in APA style as outlined in the Writing Center.
• Must include a separate references page that is formatted according to APA style as outlined in the Writing Center.