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Program management deals with overseeing a group or several projects that align with a company’s organizational strategy, goals, and mission. These projects, are intended to improve an organization's performance. Program management is distinct from project management. [1]
Project management is the process of supervising the work of a team to achieve all project goals within the given constraints. [1] This information is usually described in project documentation, created at the beginning of the development process.
Universities, facing budget shortfalls, have turned to Online Program Managers, commonly known as OPMs to recruit students and build online programs. [1] OPMs provide bundled products and services to private and public educational institutions in exchange for a revenue sharing arrangement.
Project management unites clients & teams, creates a plan for on time & on budget delivery, and gets stakeholders on the same page. But the importance of project management goes beyond that.
Project portfolio management (PPM) is the centralized management of the processes, methods, and technologies used by project managers and project management offices (PMOs) to analyze and collectively manage current or proposed projects based on numerous key characteristics.
In the 1960s project management as such began to be used in the US aerospace, construction, and defense industries. [7] The Project Management Institute was founded by Ned Engman (McDonnell Douglas Automation), James Snyder, Susan Gallagher (SmithKline & French Laboratories), Eric Jenett (Brown & Root), and J Gordon Davis (Georgia Institute of Technology) at the Georgia Institute of Technology ...
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