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Understanding Program and Portfolio Management

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3 views2 pages

Understanding Program and Portfolio Management

Uploaded by

jillella158
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

Program Management

Definition:
Program Management is the process of managing a group of related projects together to
achieve a bigger goal and get more benefits than managing them separately.

Example:
College wants to go digital →

• Project 1: Student portal

• Project 2: Mobile app

• Project 3: Online fee payment

• Project 4: Staff training

Together these projects form the Digital Transformation Program.

Project Portfolio Management (PPM)

Definition:
Portfolio Management is the process of managing a collection of programs and projects
(not always related) to achieve the organization’s overall strategy.

Example:
A company like TCS →

• Program A: Banking solutions

• Program B: Healthcare IT systems

• Program C: Education software

All these together form the company’s portfolio.

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