Specify whether the Strategic Impact values for the project are 'Read Only', 'Read Write' or 'Required' in this workflow ...

Specify whether the Strategic Impact values for the project are 'Read Only', 'Read Write' or 'Required' in this workflow stage. If Strategic Impact behavior is set to 'Required' then a strategic impact value needs to be specified for every business driver. This is typically accomplished by using the Strategic Impact Web part on a project detail page. Note that this setting applies just for this workflow stage, not for all subsequent workflow stages in the workflow.