Project vs Program vs Portfolio Management

  • Project Management is the application of skills, tools and techniques to project activities to meet the project requirements. It constitutes a set of processes such as Initiating, Planning, Executing, Monitoring & Controlling and Closing.
  • Program Management is the process of managing several related projects. This may involve related work outside the scope of the projects in program.
  • Portfolio Management is a centralized management of multiple projects or programs or portfolios.

1 comment:

  1. Wonderful article. But recently if you are looking for a new project management job or if you might have asked for a promotion within your company then you might have heard about PMP credentials!!. It is true that a Project Management Professional (PMP) credential is one of the most sought certifications by employers and employees alike. For its detail information about a PMP certifications you can go through http://www.pmstudy.com/

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