Program management is the act of overseeing a group of individual projects that are all linked together through a common goal for an organization or a shared area of impact. The main focus of program management is to help a business reach specific business goals through specific and strategic initiatives.
Typically, these involve various projects all related to one another. It’s the program manager’s role to oversee the team of individual project managers as they work to complete the tasks within each project. Program managers can use program management software to assist in managing related projects across various departments.
As an example, if a business is looking to accomplish a collaborative project to create a new website with a corresponding marketing campaign, the use of program management would be essential to the success of all related projects.
If a company has multiple projects happening at once that are connected, they are grouped together so the entire program can be managed effectively and efficiently.
When done correctly, program management can lead to many advantages for an organization.
When conducting program management, some components are common no matter the size and scale of the program. This general practice is applied and used by project managers as they oversee program managers.
To manage programs effectively, an individual needs to have a particular set of skills that will come in handy due to the varying types of responsibilities and tasks associated with managing programs.
Program management is sometimes confused with project management, but there are core differences.
Program management, or the program manager, oversees ongoing initiatives within multiple related projects with the main focus being on the business goals and the requirements needed to accomplish these goals. They maintain a plan and schedule for all programs, update and advise stakeholders, and review the statuses and progress of each project.
Some organizations may consider establishing an official Program Management Office (PMO) that serves as the centralized location for managing strategic projects.
Project management, spearheaded by the project manager, works with the individual deliverables that have specific start and finish dates. The main focus is on the specific goals and requirements of the individual projects within the program.