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Program Management solutions allow organizations to manage groups of related projects, and any associated operational work, to obtain benefits that cannot be achieved through managing the projects individually. A simpler way to think about that is managing the overall goals of the entire company instead of each independent department.
Project Management is a carefully planned and organized effort to accomplish a specific (and usually) one-time objective, for example, construct a building or implement a major new computer system. Project management includes developing a project plan, which includes defining and confirming the project goals and objectives, identifying tasks and how goals will be achieved, quantifying the resources needed, and determining budgets and timelines for completion. It also includes managing the implementation of the project plan, along with operating regular 'controls' to ensure that there is accurate and objective information on 'performance' relative to the plan, and the mechanisms to implement recovery actions where necessary.
The five major aspects of program management: - Governance: Defining roles and responsibilities, and providing oversight
- Management: Planning and administering both projects and the overall program
- Financial management: Implementation of speci ic fiscal practices and controls
- Infrastructure: The program office, technology, and other factors in the work environment supporting the program effort
- Planning: Activities that take place at multiple levels, with different goals. The program plan is not a traditional plan
The strategy behind Program Management: - Align both programs and projects with strategic drivers.
- Focus on Project objectives and individual products, without considering the broader program goals and benefits.
- Funding the appropriate set of projects to ensure program benefits
The strategy behind Project Management: - Project feasibility,
- Project definition,
- Project planning,
- Implementation,
- Evaluation and support/maintenance.
Bringing these aspects under the same plan is achieved under Enterprise Architecture. Enterprise Architecture (EA) is a complete expression of the enterprise; a master plan which "acts as a collaboration force" between aspects of business planning such as goals, visions, strategies and governance principles; aspects of business operations such as business terms, organization structures, tasks, activities and information; aspects of automation such as information systems and databases; and the enabling technological infrastructure of the business such as computers, operating systems and networks.
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