With an example distinguish the major characteristics of a project program.
Project
As per PMI, Project is defined as “a temporary endeavor undertaken to create a unique product, service,
or result.” For example, in a drill bit tool manufacturing company, there could be manufacturing of
different types of drill bits. In such a company the creation of new type of drill bit (with new tool
parameters) could be a new project.
Every project has its unique characteristics which distinguish it from other projects in an organization.
Following are the characteristics of any project:
Has an established objective.
Has a defined life span with a beginning and an end.
Involves several departments and professionals.
Involves doing something never been sone before.
Has specific time, cost and performance requirements.
Program
There are always multiple projects running in an organization simultaneously, some with a common goal
and some with same even though they are working independently. To regulate better in their area, some
action is required, that’s where program is crucial.
A program is defined as “ A group of related projects designed to accomplish a common goal over an
extended period of time.”
Let us understand the program by extending our previous example. A program could be set up of new
assembly line of drill machine in which different projects would be included such as drill bit, motor,
shank etc.
Just like a project, program is also temporary. The unique characteristics of program are as following:
The scope of a program would be extensive.
Has to be designed with a vision of long-term.
In contrast to projects which are specific, programs must be general to cover scope of all
projects.
Program intends to target the strategic objectives of organization.