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Is there a difference between a program and a portfolio in project management companies?

Team Leadership Team Management PMP Project Management Management
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Question added by Ghada Sameer , Project Manager and media executive , CQA
Date Posted: 2014/06/17
Upvote (2) Views (9) Followers (6) Answers (5) Report Question
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SAHL HIJAZI
by SAHL HIJAZI , Purchasing Manager , BINZAFRAH GROUP

Yes100 %, Programm related to specific line, it could be Business OR not , but its matching each other ,while Portfolio its financial term usually, related to business with diversifications- most probably.

Mohammad Aslam
by Mohammad Aslam , Projects Manager , National Aluminium & Steel Factory

 

Yes, The components of a program are related to each other while in case of portfolio the components may not necessarily be interdependent or directly related. 

Abdul-Hameed Deeb Al-Sawadi
by Abdul-Hameed Deeb Al-Sawadi , IT Manager , Masaneed Commercial Group (MCG)

I agree with Mr. Sahl HIJAZI in his answer.

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

Agree with Mr. SAHL HIJAZI

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

Yes. Prgrams are composed on multiple projects whicl portfolios have abusiness scope related to the strategic goals of the orgnization. Protfolio managers monitor aggrigate performance and value indicators while program managers monitor prgress of program components. Portfolio success is measured in aggregate performance of portfolio components while program success is measured to the degree of its components.

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