Bayt.com

Start networking and exchanging professional insights

Register now or log in to join your professional community.

Follow

What is the difference between, Project, program and Portfolio?

Portfolio Optimization Project Management Management
user-image
Question added by Deleted user , MEP- Manager , EG&G Middle East – Saudi Arabi
Date Posted: 2017/01/31
Upvote (0) Views (3) Followers (2) Answers (1) Report Question
Write an Answer
Register now or log in to answer.
Stylianos Alevizos
by Stylianos Alevizos , Lead Mechanical Engineer & Piping , AECOM CONSULTANTS

Hello Sir,

See answer below. Regards, Stylianos

   

Project: Purpose,  Applies and uses project management processes, knowledge, and skills Area of focus: Delivery of products, services, or results. 

Program: Purpose, Collections of related projects, sub-projects, or work managed in a coordinated fashion. Area of focus: Project inter-dependencies. 

Portfolios: Purpose,  

Aligns projects/programs/portfolios/sub-portfolios/operations to the organization's strategic business objectives. 

Area of focus: Optimizing efficiencies, objectives, costs, resources, risks, and schedules.

Write Your Answer
More Questions Like This