Project Portfolio Management and Program Management

Linking business strategy directly to project prioritization and selection is often difficult to accomplish and manage over the long term. To facilitate the linkage, many organizations have established a program management function that provides a level of organiza-

Figure 10.5-5 Project Portfolio Management Is an Iterative Process That Occurs Throughout the Project Management Life Cycle Through Project and Portfolio Reviews

Figure 10.5-5 Project Portfolio Management Is an Iterative Process That Occurs Throughout the Project Management Life Cycle Through Project and Portfolio Reviews

tion between business strategy, portfolio management, and project management. Program managers are responsible for establishing and managing programs, which comprise projects that support some common goal or objective. Prioritization of projects may then occur within a program, across programs, or at the program level across the enterprise.

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Project Management Made Easy

Project Management Made Easy

What you need to know about… Project Management Made Easy! Project management consists of more than just a large building project and can encompass small projects as well. No matter what the size of your project, you need to have some sort of project management. How you manage your project has everything to do with its outcome.

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