Capability management in business Capability management in business Capability management is the approach to the management of an organization, typically a business organization or firm, based on the "theory of the firm" as a collection of capabilities that may be exercised to earn revenues in the marketplace and compete with other firms in the industry. "Capability Management" seeks to manage the stock of capabilities within the firm to ensure its position in the industry and its ongoing profitability and survival. Prior to the emergence of capability management, the dominant theory explaining the existence and competitive position of firms, based on Ricardian economics, was the
Master of Science in Project Management successful leadership of programs/projects within complex organizations. Curricula typically focus on problem solving and decision-making using case studies, teaming exercises, hands-on applications, active participation, research and integrative exercises. Lecture and laboratory sessions require the application of critical thinking to problem solving within notional and actual situations. These Master programs usually provide general education revolving around business organization. Such degree is not only for future project managers but also offers opportunities in consultancy, evaluation of investment projects, business analysis, business development, operations management, supply chain management, business administration, or any other area of Business administration or management. Many universities are offering