PMP - Program Management - Pg-2

PMP Program Management Notes

Program Management (PMP Notes)

Definition

Program Management is the application of knowledge, skills, and principles to a program to achieve program objectives and realize benefits and control that are not available from managing the program's components individually.

A program is a group of related projects, subsidiary programs, and program activities managed in a coordinated way.

Example

A bank wants to transform its digital services. It creates a program that includes:

  • Mobile banking app development
  • Online loan processing system
  • Customer data migration
  • Cybersecurity enhancement

Managing these related projects together helps achieve strategic benefits that would be difficult to realize if managed separately.

Program Management vs Project Management

Project Management Program Management
Focuses on a single project Focuses on multiple related projects
Delivers specific outputs Delivers broader business benefits
Success measured by scope, schedule, cost, quality Success measured by benefits realization and strategic outcomes
Short-term focus Long-term focus

PMP Exam Tip

  • Project Management = Deliver a specific product, service, or result
  • Program Management = Coordinate related projects to achieve benefits and strategic objectives
  • Portfolio Management = Manage programs, projects, and work to achieve organizational strategy

Simple Definition

Program management is the coordinated management of related projects to achieve benefits and business value that cannot be obtained by managing them separately.

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