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What is the difference between Project, Program and Portfolio in Projec management?

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تم إضافة السؤال من قبل Mohamed Sulaiman , Site Project Manager , Al tabarak for Engineering & Contracting company
تاريخ النشر: 2013/11/27
Khaled Alhassoun
من قبل Khaled Alhassoun , Consulting Management - Senior manager , Price waterhouse Coopers

 project is a unique process consisting of a set of coordinated and controlled activities with start and finish dates, undertaken to achieve an objective conforming to specific requirements including the constraints of time, cost and resources.”

A program is a group of related projects managed in a coordinated way to obtain benefits and control not available from managing them individually.

a portfolio is an effective, centralized management (including identifying, prioritizing, authorizing and controlling) of a collection of projects or programs and other work that are grouped together to meet strategic business objectives.

مستخدم محذوف‎
من قبل مستخدم محذوف‎

The projectis the work to be performed 

 The programme is split and distributed to project duration

Investment is on the project's economic 

 

Wasim Khalil Mustafa Ali PMP®
من قبل Wasim Khalil Mustafa Ali PMP® , Consultant , Malomatia

Project: Manage efforts to achieve specific scope,

 Program: Manage efforts achieve specific benefits support organization strategic goals,

 

Portfolio: Manage efforts to achieve organization strategic Goals,

Raafat Sallam
من قبل Raafat Sallam , Organizational Development and Training Consultant , Training Centers, Marketing Organizations.

Project is a collection of correlated activities to produce specific output within time frame.

Program is a collection of related projects managed together in a centrealizing manner to maximize the benefits.

Portfolio is a collection of projects or programs not necessary to be related but to satisfy an investement target.

Ramy Zakher
من قبل Ramy Zakher , Executive director , EEP

Simply.

Project is a unique process.

Program is a collection of Projects.

Portfolio is a collection of Projects and Programs.

Fredy Makram Labib
من قبل Fredy Makram Labib , R&D manager , Universal for home appliances

·         project is a unique process in which you have a schedule , start date , finish date and specific target according to the plans put from the executive management.

·         program consists of a group of projects with common targets as a part of the organization.

·         portfolio is to manage, plan, organize, filter and control the whole wide range projects of the organization in order to put the strategic plans to reach the vision of the organization.

Elrayah Abdalla Mahmoud   Amin
من قبل Elrayah Abdalla Mahmoud Amin , Construction Manager , Arkad Engineering & Construction compan

Agree with khaled Abu Alhassoun

Mohammad Tohamy Hussein Hussein
من قبل Mohammad Tohamy Hussein Hussein , Chief Executive Officer & ERP Architect , Egyptian Software Group

I agree with Ramzy's answer.

Mamdouh Manie
من قبل Mamdouh Manie , Executive HRC local sales manager , Ezzsteel

I agree with Raafat and khaled

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