Applied Project Management Program (APMP) for Professionals

Portfolio

Organizations have business goals to achieve. They have strategies to meet these goals. These strategies are implemented through programs, projects and other work. The collection of projects, programs and other work which support the achievement of the business goals collectively forms the Portfolio.

• Portfolios are managed by portfolio managers
• Program managers report to the portfolio managers

Program

• Program is a collection of inter-related projects, which when done together provides more value than doing them one after the other.
• Programs are managed by program managers
• Project managers of projects which are part of the program, reports to the program manager

Projects

• Temporary endeavors
• Have definite start and end dates
• Deliver unique products, services
• Are constrained by limited resources of time, cost and scope
• Managed by project managers