Program

Project

Portfolio

Project management

Portfolio management

Program management

Benefits

Benefits management

A temporary endeavor undertaken to create a unique product, service, or result Progressively elaborated

Group of interrelated projects managed in a coordinated way to obtain benefits and control not available from managing them individually May include elements of ongoing operations or related work outside the scope of the programs projects

Collection of components grouped together to facilitate effective management of work to meet strategic business objectives Components may include projects, programs, maintenance, and operations

Applying knowledge, skills, tools, and techniques to project activities to meet the project requirements Focused on specific project deliverables

Identifying, authorizing, managing, and controlling a portfolio to achieve the organizations strategic business objectives

Centralized, coordinated management of a program to achieve the programs objectives and strategic benefits

Defining and formalizing a programs expected benefits telling us what the program is intended to deliver to the organization

Outcomes of actions and behaviors providing utility to stakeholders May be tangible or intangible .

Stakeholder management

Organization

Stakeholder

Metric

Program director

Program board

Program office

Program manager

A group of individuals organized to work for some purpose or mission

Defining those individuals and organizations whose interests may be positively or negatively affected by program outcomes Extends beyond project stakeholder management

A quantitative standard of measurement typically used in programs and projects to measure performance and progress

Individuals or organizations whose interests may be positively or negatively affected by program outcomes

Group of senior stakeholders representing the interests of the organization Can be supported by the Program Management Office

Stakeholder with executive ownership of the program AKA Executive Sponsor

Individual responsible for managing and representing the program

Supports the program manager and program team by providing administrative and support services