Project Management CBT Nuggets will help all program managers in mastering art of managing a project. Program Management provides guidelines for managing programs within an organization. It defines program management and related concepts,describes the program management life cycle and outlines related processes. aims to provide a detailed understanding of program management and promote efficient and effective communication and coordination among various groups. With its ability to help assess the variety of factors linking projects under one program and provide the best allotment of resources between those projects. The target audience for this standard includes: senior executives, portfolio managers, program managers, project managers and their team members, members of a project or program management office, managers of program managers and project managers, customers and other stakeholders, educators, consultants, trainers and researchers.

It benefits management, stakeholder management, program governance, and how these three themes are indispensable to successful program management. The terms program and program management have been in widespread use for some time and have come to mean many different things. Some organizations and industries refer to ongoing or cyclical streams of operational or functional work as programs. The recognized disciplines of operational or functional management address this type of work; therefore, this form of program is out of the scope of this standard. Program management is the centralized coordinated management of a program to achieve the program’s strategic benefits and objectives. In addition, it allows for the application of several broad management themes to help ensure the successful accomplishment of the program. These themes are: benefits management, stakeholder management, and program governance.Programs and projects deliver benefits to organizations by enhancing current or developing new capabilities for the organization to use. A benefit is an outcome of actions and behaviors that provides utility to stakeholders. Benefits are gained by initiating projects and programs that invest in the organization’s future. Programs,like projects, are a means of achieving organizational goals and objectives, often inthe context of a strategic plan.

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