The term program management is a relatively new one, introduced in the last several years to denote the overall management of a series of related, ongoing projects within an organization. Taken together, those related projects make up a program. If your company is launching a new product, for example, a series of projects are likely occurring in different areas of the company, including engineering, sales, marketing, and distribution, to name a few. Managing all of those projects effectively toward a common goal or business objective is program management.
Difference between Project management and Program Management:
Project Management
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Program Management
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1. Project Managers manage a project. |
1. Program Managers manage a portfolio of projects
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2. Projects end very soon as they do not last for a long time span.
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2. Managing a program requires long term strategic planning and involves continuous process improvement.
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3. Projects typically have a straight forward budget. They are required to ensure that projects get completed on time and within the given budget.
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3. Program Managers are responsible for revenue and costs that are critical to an organization’s financial results. They are responsible for maximizing ROI and value delivery.
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4. Project Managers focus on scope, schedule resources.
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4. Program Managers focus on people, politics and negotiating
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5. Technical tasks are handled. |
5. Strategic tasks are handled. |
6. They deal with project requirements only. |
6. They deal with business strategies and objectives.
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Benefits of doing Program Management Certification:
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Project Managers can become Program Managers as it the next step in the career path.
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Learn and apply the best practices and processes in your organization.
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Help your organization to grow and become cost efficient.
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Get better salary package or a promotion.
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Apply for high paying jobs across different industries.
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Get recognized across the industries.
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