A program is a group of interrelated projects, subsidiary programs, and program activities that are managed in a coordinated way to obtain benefits not available from managing them individually. Program management is often confused with Portfolio management. The main difference is that a program has a defined end point, since it is a series of related projects each … [Read more...]
A Project Management Information System (PMIS) is one or more software tools used for a project's information storage and distribution. There are many types of PMIS, and equally diverse ways of applying these types of systems for optimal benefit to the organization. The components of a project management information system are: Scheduling Estimating … [Read more...]
All projects have stakeholders. As a minimum, the project sponsor who initiated the project is a stakeholder who expects a deliverable from the project. At first glance, the project's stakeholders might be obvious, for example a government approval, or an adjacent landowner that is affected by a construction project. But these main stakeholders are seldom the … [Read more...]
