Project and Program Difference, Stages of a Program
What is the difference between Project and Program? Project: Definition: Is a temporary endeavor that is undertaken to create a unique product/service. It has specific timeline and resources Timeline: Is a short term endeavor. Typically less than 6 months. Management: Focus is on planning, execution and delivery and closure of the project It is associated with a goal. Eg: Develop a new website, constructing a house, holiday trip Program: Definition: It is a collection of related projects that needs to be managed in a co-ordinated way to obtain the common objective/strategy of the program. Timeline: Is a long term endeavor, spanning multiple years Management: Focus is on co-ordination between multiple teams, stakeholder management, dependency management and program level risk management. It is associated with a strategy - a long term vision Eg: Moving the organization to a new IT infrastructure, migrating from on prem to cloud if the organization's vision is to improve their Cl