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Program management

The activity consisting of the cohesive collection of all tasks that are primarily performed to manage a single program of related projects in order to fulfil the program's mission and to achieve its objectives. The objective of program management is to complete a set of projects usually related in some way by a common goal.

The effective management of a program may cover any or all of the following: A portfolio of projects related to some common objective An organization's business strategy which is to be implemented through projects The interdependencies between a number of projects Resource allocation amongst a portfolio of projects.

The life of a program management organization may be quite extended. However, it is characterized by the completion of the projects or tasks under its responsibility, each of which has a clear and finite termination. Program management is terminated when all its projects are completed.

See also: Program management, Project management

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