Triangular Relationship: Project, Program, and Portfolio

As a project manager, you should know the basic concepts of program and portfolio and how they are related to each other and to projects. A program may be a part of a higher-level program, it certainly contains some interrelated projects, and it may contain some non-project work. Program management focuses on optimally managing the interdependencies among the projects in the program. To that end, the program manager’s responsibilities include the following:

• Prioritize to resolve resource conflict and constraints that affect multiple projects within the program.

• Keep your priorities aligned with the strategic goals and objectives of the organization.

• Resolve issues and manage change within the governance structure of the organization.