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Portfolio Management: Project vs Program vs Portfolio; Processes, Tools and Certifications
Posted on Friday, August 10 @ 19:37:41 CDT by webadmin

PMConnection Articles
Projects, Programs, Portfolios, Oh My!!
 

How do projects, programs and portfolios relate?
 

This can be answered by two examples and a few links.
 

Example 1: A Picture

Diagram


Example 2: A Table
Project Program Portfolio
Definitions


Project - A temporary endeavor undertaken to create a unique product, service, or result.



PMBOK 2013 pg. 553
Program - A group of related projects,  subprograms and program activities managed in a coordinated way to obtain benefits not available from managing them individually.

PMBOK 2013 pg. 553
Portfolio - Projects, programs, subportfolios, and operations managed as a group to achieve strategic objectives



PMBOK 2013 pg. 551
Process Standards
by PMI



Process Certifications

Tools
by Microsoft



Tool Certifications


Test - Exam 74-344: Managing Programs and Projects with Project Server 2013

Book 1 - Implementing and Administering Microsoft Project Server 2013

Book 2 - Microsoft Project Server 2013 Managing Projects and Portfolios
Test - Exam 74-344: Managing Programs and Projects with Project Server 2013 

Book 1 - Implementing and Administering Microsoft Project Server 2013

Book 2 - Microsoft Project Server 2013 Managing Projects and Portfolios
*Can be configured to manage multiple independent projects, programs, or portfolios.


If you are new to Project Management, this may be a little over-whelming.  If you are PMP certified and think you have reached the pinnacle of project management, think again.  You may find "You're not in Kansas anymore!!"





 
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