Program management is the process of managing multiple related projects or initiatives that are grouped together to achieve a common goal or strategic objective. It involves the coordination and integration of different projects, resources, and stakeholders to ensure that the overall program is delivered successfully.
Program management focuses on the big picture, addressing the overall program objectives, scope, and benefits, as well as the interdependencies and interactions between different projects. It involves strategic planning, risk management, governance, and stakeholder management, among other key components.
Program managers are responsible for overseeing the entire program lifecycle, from conception to completion, and ensuring that all projects are aligned with the program’s goals and objectives. They work closely with project managers, sponsors, and stakeholders to ensure that the program is delivered on time, within budget, and to the required quality standards.
Effective program management can help organizations achieve significant benefits, such as increased efficiency, reduced costs, and improved performance. It enables organizations to manage complex initiatives more effectively, by providing a centralized approach to planning, execution, and monitoring, and ensuring that all projects are aligned with the organization’s overall strategy and goals.