Why Program Management?
In an organization programs are sanctioned to deliver envisioned benefits through projects and or subsidiary programs. The projects and subsidiary programs under a program are known as components. The components of a program are related through common strategic goals and objectives to deliver benefits to an organization. The formation of programs in an organization is determined to achieve organizational benefits that would be more effectively realized by managing ongoing projects as a single program.
See Program Management Certification classes
Program Management is the application of knowledge, skills, and principles to a program to achieve the program’s objectives and to attain benefits not available by managing program components individually. A program manager is authorized by the organization to lead the team(s) responsible for achieving program goals and objectives. A program focuses on delivering benefits aligned with the organization's strategic plan through the coordinated management of the components work.
Many companies, enterprises, and governments do not take advantage of combining projects to achieve organizational benefits through a program. The individual projects not combined under a program for common strategies, goals, and objectives lose integrated management oversight, guidance and control, and consequently fail to realize maximum envisioned benefits for the organization. The following deficiencies arise in an organization when the individual projects are not organized under a program for envisioned benefits for an organization:
• The outputs and outcomes of projects do not contribute to the organization’s envisioned benefits causing the organization's strategies, goals and objectives to remain scattered.
• Monitoring benefits realization of the individual projects are inefficient and wasteful as those projects remain unaligned to the organization's goals.
• Ineffective communications pass across the organization by the individual projects that do not provide information regarding all-inclusive envisioned benefits.
• The project administrative activities (for example, financing, resourcing, and procurement) are not coordinated, and that generates duplication of effort, resources, and work.
• The stakeholders do not get an integrated perspective on all activities being pursued, when projects are managed singularly.
• Collectively resolving scope, cost, schedule, resource, quality, and risk issues are bypassed, whereas they should have been resolved within a shared governance structure.
• The project activities, processes, and interfaces to effectively address cultural, socioeconomic, political, and environmental differences are not managed in a coordinated manner when projects are managed individually.
Therefore, to attain envisioned benefits, individual projects, in most cases, are managed under a program. SmartPath LLC provides “Program Management” training in the East and West coasts in the USA.
SmartPath LLC is a Global PMI Registered Education Provider*, (R.E.P) # 3441. See Program Management Certification classes