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Project, Program, and Portfolio Management

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Please describe the difference between project, program, and portfolio management.

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This solution explains the difference between project, program, and portfolio management.

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Program management is concerned with managing several related projects aimed at improving the performance of the organization. A project is of a specific duration and is undertaken for a specific objective. Its success is measured in terms of the delivery as per the required scope, time frame and schedule. A program, on the other hand, is an ongoing process and is being undertaken with the objective of providing one or several ...

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Sandeep Bardia, MBA
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  • BCom, SGTB Khalsa College, University of Delhi
  • MBA, Rochester Institute of Technology
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