PgMP Program Management

Category - Domain 1

What is the main difference between project management and program management?
  1. A project is focused on its product, service, or result; a program is focused on operations.
  2. A project is focused on its product, service, or result; a program is focused on the benefits it will deliver in line with the organization’s business strategy.
  3. A project does not have stakeholders, whereas a program does.
  4. There are no differences between project and program management.
Explanation
Answer - B - A project is focused on its product, service, or result; whereas a program is mainly focused on the benefits it will deliver that are in line with the business strategy.

Key Takeaway: Typically, when an organization is running several interrelated projects, that organization should look into the possibility of grouping these projects together into a program. A program is managed similarly to a project, though on a much higher level that is kept more closely in line with the business’s corporate strategy. Both projects and programs have stakeholders-some independent of the other, some shared.
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